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...political opponents are well aware, is an ominous statistic for a country that must export to live: since World War II, Japan's population has increased more than 20%, now stands at 90 million, while the land area available has decreased by more than 40% from the heyday of the empire. The obvious remedy: increased trade in any of three directions: i) the Red Chinese mainland, 2) the U.S., 3) Southeast Asia. Premier Kishi's pet solution: creation of a $700 million to $800 million Southeast Asian Development Fund drawing its raw materials from the Southeast Asian countries...

Author: /time Magazine | Title: JAPAN'S PREMIER: A Vigorous Visitor with an Urgent Message | 6/24/1957 | See Source »

...heyday of foreign bond speculations in the '20s, Latin American governments floated ever larger issues at interest as high as 8% on the U.S. market, and many banks turned to cajolery and a few even to bribes to handle the business. With the Depression, Latin countries defaulted to the tune of $1.3 billion. Last week the dance of the millions came to a slow-beat and reasonably happy...

Author: /time Magazine | Title: BOLIVIA: Last of the Bad Debts | 6/24/1957 | See Source »

When Publisher William Randolph Hearst at 88 shuffled off his editorial coil, his most fabulous legacy was his California barony-on-the-Pacific (375 sq. mi. in its heyday) known as San Simeon. Through the 14 Hearst newspapers last week, W.R.H.'s sundry heirs and the Hearst Corp.-good taxpayers all-announced that the 120-acre heart of their splendiferous white elephant, worth some $50,000 a year to California in taxes, had been given to the State of California. A condition of the gift, which includes a Moorish castle: it will be dedicated as a "historical monument...

Author: /time Magazine | Title: People, Jun. 3, 1957 | 6/3/1957 | See Source »

...editions of Lucky Jim and a second novel. That Uncertain Feeling, have barely topped the 5,000 mark in sales. His fellow writers would probably fare even worse, for they write with a sloppy, cliche-ridden arrogance that has been absent from serious U.S. fiction since the heyday of James T. Farrell and the cult of social protest...

Author: /time Magazine | Title: Books: Lucky Jim & His Pals | 5/27/1957 | See Source »

...himself out beating at a straw man. In questioning oldtime Cinemactress Gloria Swanson, his baiting, inquisitorial manner was not only impertinent, but-worse -not pertinent. It is too late in the century to treat either Actress Swanson's merits as a performer or the Hollywood morals of her heyday as if they were burning issues. For all practical purposes, the Ku Klux Klan is just as dated, but Wallace produced its Imperial Wizard Eldon L. Edwards in a flurry of bedsheets and a flourish of portentous announcements. Edwards, a tongue-tied Atlanta paint sprayer, was a sitting duck...

Author: /time Magazine | Title: Television: Review | 5/20/1957 | See Source »

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