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...Dantas had got everything his own way, he would have left Washington with a $568 million aid package. As it was, the highly conditional $398.5 million agreement was none too popular with members of the House Inter-American Affairs Subcommittee before which Dantas pleaded Brazil's case. Said Iowa Republican Harold R. Gross: "It comes close to a betrayal of the American taxpayer.'' Realistically, Dantas accepted the results as "satisfactory," and flew home to report to President Goulart in Brasilia. Then he started planning missions to Western Europe and Japan in a rush attempt to meet...

Author: /time Magazine | Title: Brazil: Help on an If Basis | 4/5/1963 | See Source »

...American economic problems. Central America already has a common market, of sorts. Since July 1961, the U.S. has committed about $117 million to bolster the area's economy. Of that amount, about $47 million remains unspent. With U.S. pledges made last week, and with additional funds from the Inter-American Bank and other sources, Central America will soon have about $100 million to spend on a vast variety of development projects. There are those who fear that this is more than Central America can, at the moment, use either wisely or efficiently...

Author: /time Magazine | Title: Foreign Relations: Success at San Jos | 3/29/1963 | See Source »

...GlossoYalies are far from being Holy Rollers. One is a Roman Catholic, and most of the others are Protestants who belong to the sobersided Inter-Varsity Christian Fellowship-Episcopalians, Lutherans, Presbyterians and Methodists. Five have Phi Beta Kappa keys, and six plan to enter the ministry after graduation. They date their experience to two campus visits last October by the Rev. Harald Bredesen, pastor of the First Reformed Church of Mount Vernon, N.Y., and a prominent advocate of glossolalia as a means of heightening the spiritual life of churches. His formula for speaking in tongues: put the vocal cords...

Author: /time Magazine | Title: Worship: Blue Tongues | 3/29/1963 | See Source »

...Brazil will uphold its inter-American and Western alliances," promised Foreign Minister Dantas. But at Punta del Este, Uruguay, in January 1962, though he condemned a "Marxist-Leninist government in Cuba," Dantas refused to vote with a two-thirds majority of the hemisphere's nations to expel Cuba from the OAS. His performance so outraged conservatives at home that they blocked Goulart's attempt to make Dantas his Prime Minister. Goulart waited until last January, then made him Finance Minister...

Author: /time Magazine | Title: Brazil: Brink of Bankruptcy | 3/22/1963 | See Source »

Died. Emile Bustani. 55, founder and chairman of Lebanon's $60 million Contracting & Trading Co. (CAT), the Middle East's biggest and most important industrialist, a friend of the West who was a firm advocate of inter-Arab economic development; in the crash of his private plane; in the Mediterranean near Beirut...

Author: /time Magazine | Title: Milestones: Mar. 22, 1963 | 3/22/1963 | See Source »

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