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Defense Minister Menon came in for almost as much abuse as the Red Chinese. For four years Indian staff officers have been trying to get Menon to replace the army's obsolete, single-shot Lee Enfield rifle of World War I vintage with lighter, modern automatic weapons, and to increase stocks of heavy mortars and mountain artillery. Instead, Menon blandly presided over a military organization that was starved for money; during his tenure, the Defense share of the Indian national budget dropped from...

Author: /time Magazine | Title: India: Fading Illusions | 11/9/1962 | See Source »

Heightening Competition. Steel is depressed largely because its customers are steadily switching to such cheaper, lighter or tougher substitutes as concrete, aluminum, plastics and glass. In construction, with the increased use of reinforced concrete, the use of steel dropped from 12.5 million tons in 1957 to 9.3 million tons last year...

Author: /time Magazine | Title: State of Business: Earnings: High but Still Low | 11/9/1962 | See Source »

...Mind Jail." Then came phone calls from his Manhattan lawyer Arnold Bauman. On the basis of these conversations Gilbert figured he might beat his raps-or some of them. Buoyed by that thought and the prospect of a lighter sentence if he returned voluntarily, Gilbert winged back. He was still vowing to "pay off all those people who had faith in me and then lost everything they had," which would take some doing if the feds got all the money they were seeking. Mostly, though, Playboy Gilbert seemed to be longing for the company of an audience...

Author: /time Magazine | Title: Business Ethics: Return of the Naive | 11/9/1962 | See Source »

...military "advisers" in South Viet Nam and, it some times seems, as many correspondents. The war they report consists mostly of grim, isolated jungle skirmishes; as for the big picture, they usually color it gloomy. But in recent months the gloom has been a few shades lighter, and at times hope has broken through. Last week, before the National Assembly in Saigon, President Ngo Dinh Diem announced: "We are recovering the initiative, even during the rainy season, which heretofore the enemy has considered favorable to him. Victory is not only sure but imminent." Among the hopeful signs cited by Diem...

Author: /time Magazine | Title: South Viet Nam: Turning Point? | 10/12/1962 | See Source »

Taubman observed that "under John Hancock's direction this production approaches the manner and mood of the Brecht Theater in East Berlin." The Hancock version is "tougher in texture, lighter in construction and more focused on dramatic drive than the Living Theater version...

Author: NO WRITER ATTRIBUTED | Title: Loeb 1961 Production Of 'A Man Is A Man' Wins N.Y. Praise | 10/10/1962 | See Source »

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