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...pious bromides about their love of peace and determination to avoid war. To that end, they propose to seek early talks with the Kremlin mob on easing world tensions. Nothing is said about the Kremlin mob showing evidence of good faith before such talks are held. The Conservatives hint broadly that they'll heed the Socialists' demand to cut the conscription period from the present two years. When they get around to Formosa, they urge Chiang Kai-shek to pull his troops off Quemoy and Matsu, and say: "This could lead to the reconsideration at an appropriate moment...

Author: /time Magazine | Title: NO FRIENDS, NO ENEMIES, JUST INTERESTS | 5/9/1955 | See Source »

Automakers, who have suspected that the U.A.W. will force a showdown with Ford first in its GAW fight, last week got another strong hint from the union. The General Motors contract had been due to expire May 29, two days before Ford's, thus making G.M. the first target. But last week the U.A.W. extended G.M.'s contract nine days, putting Ford under the gun first...

Author: /time Magazine | Title: MANAGEMENT: Prosperity First | 5/9/1955 | See Source »

Banging his fist on his desk, Nehru declared that NATO is "a powerful protector of colonialism," which has had the "gross impertinence" to hint to India that it would protect Portuguese Goa. "We should not take any sides in the cold war," said Nehru. "It is an intolerable humiliation for any nation of Asia or Africa to degrade itself by becoming a camp follower of one or the other of the power blocs . . . We will not join either bloc because that means losing our identity...

Author: /time Magazine | Title: ASIA: Upset at Bandung | 5/2/1955 | See Source »

Since Claire McCardell, like all designers, works months ahead, she gets a hint of how well her collection will sell long before the public ever gets a chance to buy. The preliminary verdict is pronounced by buyers from all over the U.S., who crowd into the showroom of Townley Frocks and, order blanks in hand, watch models parade past in the newest McCardell creations. To Designer McCardell, the big moment comes when a buyer says excitedly: "That's wonderful, Claire. How soon can you deliver...

Author: /time Magazine | Title: FASHION: The American Look | 5/2/1955 | See Source »

...challenge for U.S. capital (which already adds up to a fat $6 billion in Latin America) is to build the plants to supply this expanding market. As a hint of the high earnings that are possible, Grace cited the interest on commercial bank loans that businessmen in Latin America are willing and able to pay: Brazil, 9%-12%; Peru, 9%-10%; Mexico 9½% (v. an average 3% in the U.S.). And he neatly disposed of the standard objections to investing in Latin America...

Author: /time Magazine | Title: THE AMERICAS: Challenge & Opportunity | 3/28/1955 | See Source »

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