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...organization called the International Development Association (IDA) got under way last week and immediately ran into the familiar experience of seeing other nations avert their gaze when the plate was passed. Conceived as a soft-currency adjunct to the World Bank, in which underdeveloped nations may borrow dollars and other hard currencies but can repay in a variety of nonconvertible currencies such as rupees or drachmas, IDA originally was to start with $1 billion in capital. Though the U.S. dutifully subscribed its promised one-third-$320 million-in full, other nations fell short, and IDA last week began with...

Author: /time Magazine | Title: ECONOMICS: Give a Hand, Here | 10/10/1960 | See Source »

...cool in black, flanked by her mother and two lawyers. From another emerged her father-in-law. Oliver Powers, a 55-year-old cobbler whose last trip out of his hill country had been a visit to Atlanta and Washington in 1935. Hopelessly, Powers tried to comfort his wife Ida...

Author: /time Magazine | Title: RUSSIA: The Boy from Virginia | 8/29/1960 | See Source »

...wooden slats of the defendant's box. his wife, at the opposite end of the hall, buried her face in her hands. But Powers, despite his baggy, Russian-made double-breasted suit, looked fit and to all appearances unbrainwashed. When newsmen murmured about a bruise on his neck, Ida Powers set the record straight. "It's a birthmark," she said. "Yes, indeed, that's the first thing we saw about him when they brought him to the bed in Burdine. Kentucky, 31 years ago today...

Author: /time Magazine | Title: RUSSIA: The Boy from Virginia | 8/29/1960 | See Source »

Aboard a British Comet airliner, the parents of U-2 Pilot Francis Powers landed at a Moscow airport one foggy morning last week, a few days before the start of his trial on charges of espionage. Oliver and Ida Powers were visibly tired, looked around at their new surroundings with wary eyes. "They are only poor country folk," the family doctor, Lewis K. Ingram of Norton, Va., confided to newsmen. "All this has been a terrible strain on them...

Author: /time Magazine | Title: THE COLD WAR: The U.S. on Trial | 8/22/1960 | See Source »

...career that spanned more than a quarter-century, Tibbett ranged through more than 70 roles. He was never a leading Wagnerian, instead concentrated on the great baritone roles of the Italian repertory: lago in Otello, the elder Germont in Traviata, Scarpia in Tosca, Amonasro in A'ida. For Tibbett the Met scheduled rarely performed operas such as Verdi's Simon Boccanegra, and it was Tibbett, a longtime champion of English-language opera, who created the baritone roles in such contemporary American operas as Deems Taylor's The King's Henchman and Peter Ibbetson. To the title...

Author: /time Magazine | Title: Music: Opera's Grand Trouper | 7/25/1960 | See Source »

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