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...convention he became the first Southern Governor to back the young Senator for President. Alabama still went for Lyndon Johnson in Los Angeles, but Patterson got his reward this spring when Charles M. Meriwether, his old campaign manager, was nominated by Kennedy as a director of the Export-Import Bank. Meriwether was eventually confirmed by the Senate despite reports of connections with the Klan...
...months since South Africa stalked out of the British Commonwealth, gold-mine shares have dropped 30%; gold and foreign exchange reserves have fallen by half since Sharpeville, forcing the government to slash import licenses by two-thirds. Foreign investment is at a standstill. "Not a cent, penny, franc or pfennig is coming in from abroad," says one Johannesburg businessman. "We're in difficult straits...
Right Face. Other Marxian imports are the nationalized foreign trade agencies. They also have proved a flop, the evidence being bare shop shelves and the sagging value of the Guinean franc. Toure has been forced to trim the power of the state import monopoly, allowing private traders to handle some foreign goods. This right face has led to a sharp split in Guinea's Politburo between Sekou Toure, who seems to be willing to try anything provided it pays off, and his militant half-brother Ismael, who thinks Marxism is the answer to every problem...
...threatened Cuba may have been (and after all, they were invaded after the press spoon-fed the American public an image of Castro-the-maniac who was stirring up fears of an imminent invasion from the North simply as a means of retaining popularity) Castro had no right to import Soviet arms. Yet Krock maintains that any threat, whether clear, present, potential, or imaginary, grants the U.S. the right to break treaty agreements with impunity...
...press conference, Udall claimed that Evans' company had been "clobbered" by an Interior decision that he had made on oil (a reallocation of import quotas). Cried Udall: "I can take care of the Republicans, but protect me from my friends." After hiding out a day, Lobbyist Evans emerged to declare mildly that he had written the letter "as a private citizen of our democracy with no thought of gaining any personal favors...