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...basic sense of frustration. "Wherever I turned," he recalls bitterly, "there was injustice. There were always differences between us, the Moslem inferiors, and the superior Europeans. I was a clerk and I had to fill out forms for new recruits. For Moslems the forms were filled out in red ink, for the French in blue ink. That doesn't seem important, does it? It was important...

Author: /time Magazine | Title: Foreign News: PORTRAIT OF AN ALGERIAN | 7/7/1958 | See Source »

...Bonn by German students protesting the execution of Hungarian Revolutionaries Imre Nagy and Pal Maleter. Next day 2,000 Russian students and workers appeared before the West German embassy on Moscow's Bolshoi Gruzinskaya Street and began to hurl stones, chunks of concrete and bottles of purple ink. By the time they dispersed two hours later, the ink-stained façade of the embassy looked like a huge Jackson Pollock canvas, and more than 40 large windows lay in splinters. A similar mob had already bespattered the Danish embassy...

Author: /time Magazine | Title: COMMUNISTS: The Road to Serfdom | 7/7/1958 | See Source »

...budget to Congress, and it showed a slender surplus of $500 million. Last week Budget Director Maurice H. Stans guardedly forecast a 1959 deficit "in the general magnitude of $8 billion-$10 billion, according to present tentative estimates." But Washington skeptics see more realism in the red-ink estimate issued by the staff of the Congressional Joint Committee on Internal Revenue Taxation: a dizzying $11.1 billion. And even the Joint Committee's forecast may err on the cheerful side. It assumes...

Author: /time Magazine | Title: THE BUDGET: Deficit Up | 6/16/1958 | See Source »

RAIL-RELIEF BILL has passed Senate Commerce Committee, stands very good chance of riding through Congress and being signed into law this summer. Under bill, rails will get new tax breaks, more freedom to eliminate red-ink routes, credit pool of up to $700 million backed by Government...

Author: /time Magazine | Title: Time Clock, Jun. 9, 1958 | 6/9/1958 | See Source »

...real revolution in the automobile market. Finally, the big-car mentality has disintegrated." This week Romney pushed production up another 6% to put it 26% ahead of 1957. American's first-quarter sales were the greatest in its history (31,260 cars), and, after years of red ink, it reported a handsome $2,380,895 profit. Yet Romney's gain puts little cake in Detroit's lunch basket. Some 84% of the industry's 807,000 workers are Big Three employees, and an estimated 450,000 are laid off; millions more workers in thousands of supplier...

Author: /time Magazine | Title: AUTOS: On the Slow Road | 5/12/1958 | See Source »

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