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...recent years has done so much to stimulate European progress as Gamal Abdel Nasser. Living luxuriously on the memory of the day when Britain and Western Europe between them produced three-quarters of the world's industrial energy, most Europeans complacently accepted the fact that Britain must import 12% of her total energy requirements and Western Europe nearly a quarter. But when Egypt's Nasser seized the Suez, he forced all Europe to face up to the significance of these imports: Europe had lost her industrial independence and, with it, much of her power and security...

Author: /time Magazine | Title: Foreign News: The Atom & the Potato | 5/20/1957 | See Source »

Deftly Gonzalez needled his state-proud colleagues for borrowing the first of the bills-which would, in effect, permit school boards to assign pupils on a racial basis-from "lesser states." "Texas had to import foreign-made provisions from such backward entities as South Carolina," he cried. "Why is it that you are so poverty-stricken?" And time and again he warned his colleagues of the ultimate perils of segregation: "It may be some can chloroform their conscience. But if we fear long enough,, we hate, and if we hate long enough, we fight...

Author: /time Magazine | Title: TEXAS: For Whom the Bell Tolls | 5/13/1957 | See Source »

...Diem was disturbed by the disproportionate economic influence wielded by his country's closely knit 1,000,000 "overseas Chinese."* In South Viet Nam 75% of the country's rice and corn trade is Chinese-controlled, and Chinese entrepreneurs dominate much of the nation's export-import trade, banking and shopkeeping. President Diem felt that Chinese who lived and worked in South Viet Nam should become Vietnamese citizens. The Chinese, respectable, law-abiding, but ever prideful of their heritage, disagreed...

Author: /time Magazine | Title: SOUTH VIET NAM: 500,000 Uncles | 5/13/1957 | See Source »

...gags about old British movies on U.S. television would be no more than a beep compared to the clamor going on last week about U.S. shows on British TV. "Is BBC short of British ideas?" screamed London's weekly The People. "The latest American import [the Phil Silvers Show] plunged us into the heart of U.S. Army life, and as the series is here to stay, we've just got to get used to the slang. A pity the B (for British) BC can't devise a British series." The tabloid Daily Mirror complained of "four American...

Author: /time Magazine | Title: Television: Invasion by Film | 5/6/1957 | See Source »

Studebaker-Packard Corp. this week took over the exclusive U.S. distributorship of Germany's Mercedes-Benz cars, priced about $5,000 to $13,000. The deal puts the company back into the luxury-car market, gives it, and Curtiss-Wright, permission to import and manufacture Mercedes-Benz diesel engines and fuel-injection systems. With an eye on the sales surge of cheaper foreign cars, S-P also plans to produce a stripped-down version of its two-door "Champion" this year. Price: about...

Author: /time Magazine | Title: AUTOS: Foreign-Car Speedup | 4/22/1957 | See Source »

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