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Something for Nothing. Though every new scrap of evidence indicts Stalin as the villain of Potsdam, a share of blame seems to fall on a U.S. that, bent on victory, was too single-minded to set realistic conditions for Japan's surrender. In hindsight, acceptance of such conditions might have ended the war, buttressed Asia against the newly strengthened Communists and relieved the U.S. of the onus of having dropped the first atomic bombs-which the Communists have used as a powerful anti-U.S. propaganda point...

Author: /time Magazine | Title: HISTORICAL NOTES: Was Hiroshima Necessary? | 9/5/1960 | See Source »

...into war. Three out of three is a mighty good batting average for a baseball player, but it is a mighty sorrowful average for Democratic Presidents. With such a record and with conditions in the world as they are, can we risk electing another Democrat? Foresight is better than hindsight...

Author: /time Magazine | Title: Letters, Jul. 25, 1960 | 7/25/1960 | See Source »

Wild Chances. As a boy in Burgundy, Antoine was a loving, charming bully to his widowed mother and the rest of the Saint-Exupery children, but only acute hindsight could find anything extraordinary in the child. Even flying did not capture him immediately. He learned to pilot a plane to while away his period of army service, liked it despite a training crash that cracked his skull. For three years after he was demobilized. Saint-Ex clerked for a tile firm...

Author: /time Magazine | Title: Books: Earth & Air | 6/13/1960 | See Source »

Whipsawed. Dow theorists admit that though their signals are late, better late than never. But few market experts put much faith in hindsight. A classic example of the Dow Theory's operation came in 1929, when, after industrials had dropped 80 points, the Dow signal finally flashed. The market eventually went considerably lower, but by that time thousands of investors' accounts had been wiped out; 1937 saw a similar occurrence. Actually, anyone heeding the Dow Theory's buy and sell signals since 1929 would have been wrong 15 times out of 24. On those occasions, he would...

Author: /time Magazine | Title: STATE OF BUSINESS: A Week for Bears | 3/14/1960 | See Source »

...hindsight, it was a quaint, old-fashioned war, and Author Post puts it distinctively and persuasively into print in this graceful memoir. Post, who died in 1956 at the age of 83, was a writer-illustrator (Harper's, Cosmopolitan) with a lifelong appetite for adventure. He ran mule trains over the Andes, witnessed insurrections in Cuba and Venezuela, and honeymooned in the Mexican jungles. But nostalgia's finest hour remained for him the charge up San Juan Hill...

Author: /time Magazine | Title: Books: Quaint Little Hell | 3/7/1960 | See Source »

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