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Some of Perón's countrymen see a method in the President's motorcycle madness. His enthusiasm boosts demand for motorcycles (which the government manufactures) and eases the hunger for U.S. automobiles (which the government keeps out with import fences in order to save scarce dollars). But whatever such practical motives Perón may have, the main reason for his addiction to motorcycling appears to be simply that he gets a huge kick out of the sport...
...opposed the reappointment of one board member last fall. By a vote of 5 to 1, the board passed a resolution forbidding any teacher to work for or against any candidate for any local office. Protested a C.T.A. official: "This is a basic issue with far more than local import. Now it's local candidates The next thing we know it could be extended to a campaign for the governorship. The next logical step would involve a presidential campaign." ¶ The Fund for the Advancement of Education added its own gloomy estimate of the teacher shortage: "The annual output...
MISSISSIPPI'S ROBERT C. MILXER, 37, who borrowed $3,000 to open a Shell Oil distributorship when he was 21, now owns businesses grossing $20 million annually, including an export-import company, real-estate holdings in Jackson, Miss. (including a ten-story office building), Milner Products Co., one of the world's biggest makers of pine oil deodorants. With four auto agencies, he is the South's biggest Chevrolet dealer. Milner's income: about $1,000,000 annually, of which he keeps half, since much of it is in capital gains...
...remarked a Latin American delegate to the inter-American economic conference at Rio. To the end last week, the U.S. delegation stuck amicably but steadfastly to the main line laid down at the beginning by Secretary of the Treasury George Humphrey: a promise of "expanded" loans from the Export-Import Bank and the World Bank, together with an urgent recommendation that the Latin nations try to attract more private U.S. capital...
...Latinos wanted price floors for the raw materials they supply the U.S.; Humphrey countered that "We as governments should reduce . . . our own intervention in the fields of commerce and industry." The Latinos wanted outside financing totaling $1 billion a year; Humphrey suggested "intensified and expanded" loans by the Export-Import Bank and the World Bank, and" promised that the U.S. would be not only a Good Neighbor but also a Good Partner...