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...heyday of Marshall Plan spending, ECAdministrator Paul Hoffman had one persistent warning for the governments of Europe: after the Marshall Plan expires in 1952, the U.S. Congress will be reluctant to vote any more funds for economic aid. Last week a reluctant House of Representatives made good Hoffman's prediction, voted to slash some $1.7 billion-most of it in economic aid and Point Four funds-out of the Administration's $7.9 billion Mutual Security bill...

Author: /time Magazine | Title: National Affairs: The Reluctant Spenders | 6/2/1952 | See Source »

...seventies, 90% of China's imports came from Britain, British India and Hong Kong, and 70% of China's exports were going to British ports. But the heyday of the British merchants began after the Suez Canal was opened, with steam packets pushing the sailing clippers off the seas. It lasted until the Sino-Japanese War, which followed by World War II, shook loose the British grip on China. But in 1946 Jardine's had regained 50% of the tea trade...

Author: /time Magazine | Title: CHINA: The Closed Door | 6/2/1952 | See Source »

...heyday the industry turned out figures for every trade, from cobbler to pawnbroker; after 1900, it began to die out. A few Indians are still coming' out of New England wood shops, but they are reproductions without the oldtime dash and color. In 20 years Collector Haffenreffer has bought scores of the ancient figures for his private museum. He refuses to put a price on his collection, but the 22 figures he has lent M.I.T. are valued at $25,000, and the price will go up as more & more of the old chieftains disappear from the U.S. scene...

Author: /time Magazine | Title: Art: The Vanishing American | 5/12/1952 | See Source »

...many people reportedly "possessed by the Devil" probably belong in the psychiatrist's consulting room, not the chapel. The frantic witch burnings of the 16th century, furthermore, in which Protestants and Catholics participated with equal zest, are explained in Satan largely as the products of their times. This heyday of witch burnings, black Masses (i.e., profane renderings of the Catholic Mass) and Devil worship, writes Belgian Scholar Emile Brouette, represented "the dawn of the false empire of Satan in a Europe gripped by religious and moral crisis and a prey to social unrest and political insecurity...

Author: /time Magazine | Title: Religion: The Devil | 3/10/1952 | See Source »

...felt as a struggling medical student. Hatter's Castle was a labor of love and spiritual rejuvenation-and it hit the bestseller lists like a bomb. In no time, Author Cronin found himself richer and more fashionable than he had been at the height of his asthenic heyday. And the more he wrote, the more the money poured in, filling his proud soul with joy, his humble soul with horror...

Author: /time Magazine | Title: Books: Proud Soul v. Humble Soul | 2/25/1952 | See Source »

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