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...apparent need for easing the economic and social aches and pains of Latin America took concrete form last week in a set of redecorated offices in a nondescript building in Washington. With a ceremonial round of martinis, pisco sours* and Brazilian coffee, the Inter-American Development Bank declared itself ready for business at 801 Nineteenth Street. No sooner were the doors open than the loan ideas started pouring in. What could the bank do for a dietetic laboratory in Mexico? How about a farm machinery credit house in Chile...

Author: /time Magazine | Title: THE AMERICAS: New Builder at Work | 10/17/1960 | See Source »

...built-in scope made the new development bank the natural organization to handle the Eisenhower plan for singlehanded, soft-loan social development of Latin America by the U.S. The hope is that inter-American administration can help avoid the kind of situation that currently exists in Peru, where U.S. aid for housing and land reform is being blocked by opposition politicians. The $500 million that the U.S. has promised for the plan will be administered separately from the bank's other activities-as will other future U.S. contributions, expected to total billions before the building job is finished...

Author: /time Magazine | Title: THE AMERICAS: New Builder at Work | 10/17/1960 | See Source »

...Funsters, selfish yet rightful holders of the J. Dudley Clark Trophy, have gone undefeated in the last three years of inter-House tackle football competition. Today on Soldiers Field the '60 season officially begins, as Winthrop gets the first shot at the seemingly unbeatable eleven. In other games today it's Quincy vs. Adams, Lowell vs. Kirkland, and Leverett vs. Eliot...

Author: By James R. Ullyot, | Title: THE SPORTING SCENE | 10/11/1960 | See Source »

...size, the Deacons have that inextinguishable House spirit which has given them the Straus Trophy the last four years, and is now clamoring for the dusty mantelpiece in Dunster's dining hall. (The Straus Trophy is awarded each year to the House with the best over-all record in inter-House athletic competition...

Author: By James R. Ullyot, | Title: THE SPORTING SCENE | 10/11/1960 | See Source »

...obits or patrolling the police beat. Editor Evans has never written an obituary or chased an ambulance. Gifted and earnest, Stan Evans is a product of Yale ('55, Phi Beta Kappa, magna cum laude). In college he fell in with a group of students that called itself "The Inter-Collegiate Society of Individualists." In this company Evans studied the record of the late Senator Joseph McCarthy, decided that McCarthy "was in the main correct...

Author: /time Magazine | Title: The Press: End of a Search | 10/10/1960 | See Source »

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