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From the new highway snaking through the jungles of western Hon duras to the huge irrigation and power project that is transforming Pakistan's Indus River Basin, many of the world's underdeveloped areas owe much to an organization that most Westerners have never heard of. The organization is the International Development Association, a branch of the World Bank founded in 1960 by 15 World Bank member nations to make "soft," easy-term loans-with no political strings attached-to poor nations. Last week IDA reached a milestone when the total it has loaned passed $1 billion...

Author: /time Magazine | Title: Finance: The Soft Approach | 1/15/1965 | See Source »

...Panic. Thus there was no reason to panic on that sunny Sunday last week when Maddox lookouts sighted three Communist torpedo boats near the island of Hon Me (see map). The destroyer merely continued north on its patrol, and in due course made a leisurely turn and headed back south...

Author: /time Magazine | Title: Nation: Action in Tonkin Gulf | 8/14/1964 | See Source »

Even in private, Washington officials could not offer an intelligent reason that might explain why the puny Hanoi mosquito fleet challenged the 125-ship U.S. Seventh Fleet. Some speculated that Hanoi had somehow connected the Maddox with recent South Vietnamese raids on Hon Me and the neighboring island of Hon Ngu. Yet the Maddox was at least 30 miles from either island at the time of those attacks. And her presence in the gulf was hardly a new provocation, since U.S. destroyers had been patrolling the area frequently over the past two years and are well known to North Vietnamese...

Author: /time Magazine | Title: Nation: Action in Tonkin Gulf | 8/14/1964 | See Source »

...Harvard alumni received medals. Others were Detlev W. Bronk, S.D. '53; Aaron Copland, D. Mus. '60; Walt Disney '28 (hon.), M.A. (hon.) '38; T. S. Eliot '10; Walter Lippman '10; Ralph McGill, LL. D. '60; Reinhold Niebuhr, S.T.D. '44; Carl Sandburg, Litt. D. '40; Dr. Helen B. Taussig S.D. '59; and Dr. Paul Dudley White...

Author: NO WRITER ATTRIBUTED | Title: S. E. Morison, Ten Other Alumni Win Presidential Medals | 7/7/1964 | See Source »

...contest was judged by the Hon. Charles S. Bolster, the Rt. Rev. John Melville Burgess and Mrs. John A. Sullivan...

Author: NO WRITER ATTRIBUTED | Title: Prizes Awarded For Speaking Competition | 3/25/1964 | See Source »

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