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...tour Russia; the National Arts Foundation wants to exchange exhibitions of paintings by 100 contemporary artists; a homebuilding association wants to demonstrate U.S. model homes in Moscow, and a delegation of U.S. housewives wants to show Russian ladies how to bake cakes. The town of Prescott, Ariz, wants to import a team of Cossacks to ride in its anniversary celebration...

Author: /time Magazine | Title: FOREIGN RELATIONS: Spasibo & Farewell! | 9/5/1955 | See Source »

...because they might entice them away from Sunday school. At 6 every evening will occur the "toddler's truce," an hour of TV silence, so that parents can wring out their moppets and put them to bed. The program companies have made an unwritten agreement to limit U.S. imports to 25% of the week's programming. But arrangements have already been made to acquaint Britons with I Love Lucy (scheduled to compete with BBC's prize variety hour, The Ted Ray Show), Dragnet, Hopalong Cassidy, Ed Murrow's Person to Person, and Billy Graham. Last fortnight...

Author: /time Magazine | Title: Radio: The Invasion | 8/29/1955 | See Source »

...learning that he lent money to Mario Bolanos. Bolanos had reportedly made a lot of money out of the severe corn shortage caused by Central America's spring drought. Back in January, it appeared, Insider Bolanos found out that the government, worried about drought forecasts, planned to lift import duties on corn, Guatemala's basic foodstuff. With a Mexican and two Guatemalans as partners, he set up Comercial Guatemalteca to import corn from Mexico. What with import duties suspended and corn retailing for as much as 15? a lb. (normal price: about 5?), it was a highly profitable...

Author: /time Magazine | Title: GUATEMALA: The President's $25,000 | 8/22/1955 | See Source »

...metric tons of corn to a government agency (apparently it was more profitable to sell available corn to private dealers). But last week the warrant had not been served, Bolanos was at liberty, and Comercial Guatemalteca was still in business. The government even granted the firm a license to import 4,000 metric tons of frijoles (black beans), now selling at scarcity prices in Guatemala, and 100,000 sacks of cement, also in short supply. Plenty of Guatemalans were still willing to give Castillo Armas the benefit of the doubt, but they were waiting and hoping for a somewhat better...

Author: /time Magazine | Title: GUATEMALA: The President's $25,000 | 8/22/1955 | See Source »

Manager Schang bided his time while U.S.-Russian relations blew hot and blew cold until, about a year ago, the Soviets joined UNESCO. That, decided Schang, meant a major policy shift, and he promptly opened negotiations with the Soviet embassy in Washington to import Russian musicians. His cause was helped by the fact that the Soviet ambassador is the Georgy Zarubin of World's Fair days. It may also have been helped by the fact that Violinist Yehudi Menuhin met Oistrakh in London and began his own correspondence with the State Department in the hope of winning his colleague...

Author: /time Magazine | Title: Music: Psychological Moment | 8/8/1955 | See Source »

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