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...never heard of a report of such import for the church being accepted with so little argument," said a stunned Anglican canon last week. The Convocations of Canterbury and York, traditional arbiters of all doctrinal matters in the Church of England, had just accepted, with little dispute, a report recommending extension of "limited intercommunion" with the Church of South India. The argument was not long in coming, and with it the threat of a schism in the Anglican Church...

Author: /time Magazine | Title: Religion: Intercommunion Squabble | 7/25/1955 | See Source »

...been an effective advocate of lower tariffs and reciprocal trade as head of the ICC's United States Council. He was a World War I artillery lieutenant in France, graduated from Harvard Law School in 1922, served the Government as RFC counsel (1933)) president of the Export-Import Bank (1936-44), and U.S. delegate to the 1951-52 conference on Germany's $6 billion foreign debt. As 17th (and fifth American) president of the ICC, Internationalist Pierson will push for economic integration of Western Europe...

Author: /time Magazine | Title: PERSONNEL: Changes of the Week, Jul. 25, 1955 | 7/25/1955 | See Source »

...Foreign Operations Administrator Stassen disclosed that exports of grain to the West from the grain-rich Communist "breadbasket of Europe" fell off from 2,875,000 tons to 1,256,000 tons between 1952 and 1954, and that during the hungry fall of 1954 the Communists were compelled to import grain from the West...

Author: /time Magazine | Title: THE NATION: Prelude to the Parley | 7/18/1955 | See Source »

...make private enterprise an equal partner in meeting the nation's needs. Said President Ruiz Cortines: "The objective of the government . . . is clear: to complement, advise and stimulate enterprise, not to supplant it." As a stimulating start, Mexico offered utilities more government loans, help in getting U.S. Export-Import and World Bank loans and-most welcome of all-rate boosts...

Author: /time Magazine | Title: BUSINESS ABROAD: Free Enterprise in Mexico | 7/4/1955 | See Source »

Specifications for the new turboprop had been laid down by American Airlines. American wanted the plane for medium-range routes to replace its 75-plane fleet of relatively slow (270 m.p.h.), twin-engined Convairs, had been shopping ever since Capital Airlines decided to import Vickers' 320-m.p.h. Viscounts last year. Convair, Douglas, Vickers and Lockheed all put in bids and, when Lockheed won, it was the first time that Lockheed had ever beaten Douglas for an important American Airlines contract...

Author: /time Magazine | Title: AVIATION: First U.S. Turboprop | 6/20/1955 | See Source »

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