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...work cut out for him. For all Sierra Leone's wealth in diamonds, some 85% of the population is illiterate, and per capita income is a meager $56 a year. Eight of ten Sierra Leoneans eke out a living on the land, but the nation must still import foodstuffs. "We will need help to develop our natural resources," says Sir Milton, adding pointedly, "and we would like to look first to our old friends." Firmly pro-Western, Margai has already made Sierra Leone the twelfth member of the Commonwealth. Conspicuously absent from the festivities were his left-leaning neighbors...

Author: /time Magazine | Title: Sierra Leone: Newest Nation | 5/5/1961 | See Source »

Rolling Money. There is no denying that, for the man in charge, Indonesia is a good place to get away from, these days. Prices have risen fourfold in the past seven years; the production of Indonesia's important palm-oil and rubber estates is down at least 30% compared to pre-World War II. Sugar, which used to be a major export, is now so scarce that in places it can be found only on the black market. The government's presses are rolling out paper money that has no backing. Bureaucracy is so rampant that 32 separate...

Author: /time Magazine | Title: Indonesia: Absorbed, Crazed & Obsessed | 4/28/1961 | See Source »

...Germans. From his war profiteering, March went legitimate: he bought huge tracts of Majorcan real estate, invested in the Spanish sugar trust, chemicals, coal and oil. Though he held government monopolies on the manufacture and sale of cigarettes, he nonetheless continued to smuggle raw tobacco to avoid paying import taxes. Once, according to legend, he imported a shipment of right-hand gloves from Czechoslovakia, later bought a shipment of matching left-hand gloves, thus neatly sidestepping government import duties on finished goods...

Author: /time Magazine | Title: Business Abroad: Iberian Croesus | 4/14/1961 | See Source »

...disparity between and Western hockey is strong in the East, and on the athletic policies of colleges in the Western Hockey Association . As regular articles in newspapers have shown, centers around the of recruiting and import players, the ages of and inordinate financial . At Harvard, the on Athletics last withdrew the Crimson consideration for the for the second year. Although no for the action was as a protest in the passive resistance against professionalism of teams...

Author: By James R. Ullyot, (SPECIAL TO THE CRIMSON) | Title: .C.A.A. Hockey Tournament: 'A Farce' | 4/14/1961 | See Source »

...National Education Council, the Teamsters Union, and the National Committee on Import and Export Policies will have openings for especially qualified applicants...

Author: NO WRITER ATTRIBUTED | Title: HPPC Arranges Summer Jobs | 4/12/1961 | See Source »

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