Word: junes
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Dates: during 1950-1959
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Down to Milestone. It was in September 1955, with the U.S. economy flourishing and the nation filled with a confidence he had helped create, that Eisenhower suffered a heart attack. In June 1956, not long back on the job, he underwent surgery for ileitis. The months after that must have seemed to Ike just one damn thing after another. Overwhelmingly reelected, he had no sooner presented his program than his respected Treasury Secretary George Humphrey undercut him by publicly blurting out fears about a "hair-curling" depression; Ike failed to rebuke Humphrey, and the year's legislative battles were...
Asia's own cold war-between Pakistan and India-last week unexpectedly showed signs of thawing. The Kashmir issue still divides the two countries, but their quarrel over dividing the canal waters of the Indus Basin (TIME, June 1) seems to be heading for amicable settlement. At first, Prime Minister Jawaharlal Nehru had hard words for the government of Pakistan's General Mohammed Ayub Khan ("a naked military dictatorship"). But Ayub's incorruptibility, his undeniable popularity, and his own sensible willingness to patch things up with India has done a lot to diminish the enmities that grew...
...chauffeurs." (Mather has one maid; a non-uniformed university mechanic occasionally drives his car.) Mather is also the nation's lowest-paid public university president ($15,000 a year). But the propaganda cut deep; Mather resigned largely to "stop this personal monkey business" (he will stay through next June). To Educator Mather, it seems unlikely that culture-conscious Massachusetts will lose one of its oddest distinctions-spending less (2.32%) of the tax dollar for higher education than any other state in the Union...
...Caracas, Venezuela. The wonder is that no one has staked out the biggest tourist mecca of them all: New York. Last week that sure thing was covered as well. Texas Engineer C. (for nothing) V. (for nothing) Wood, who already has five parks abuilding around the U.S. (TIME, June 29), announced a $65 .million Freedomland that will present two centuries of American history along with the ice cream and Cracker jack. To be located in The Bronx and shaped like the U.S., Freedomland will cram the kiddies full of "Little Old New York" (1750-1850 style), San Francisco...
...state and local fund-raising in the first half of 1959, and a jump in consumer credit have added to the competition for funds. Following the surge, interest rates on bank business loans in 19 major cities went from 4.17% in 1958's second half to 4.87% in June -and are expected to go higher (see chart...