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...ties to railroads impose on it the same night marish maze of regulations that the Interstate Commerce Commission ap plies to REA's parents. Without special ICC permission, REA cannot haul goods from city to city by truck; instead it must put the goods on a train - no mat ter how bad the connection - and ar range pickup and delivery at the other end. Last week its railroad owners at last gave up, and offered to sell the operation to the highest bidder...

Author: /time Magazine | Title: Transportation: Unloading the Express | 7/28/1967 | See Source »

With the fighting over, copywriters have another job. The war cost Israel, by a preliminary Finance Ministry estimate, "several hundreds of millions of dollars" in mobilization costs, lost matériel, destruction of property and a three-week fall-off in production. To cover these costs and to build up foreign currency reserves, the country is depending in part on a stepped-up drive for tourists. Says Tourism Minister Meir de Shalit, "After repelling the planned Arab invasion of Israel, we are now preparing to welcome the friendly invasion of visitors from all parts of the world." Greece...

Author: /time Magazine | Title: Israel: The War Is Over-Courtesy of Wissotzky Tea | 6/30/1967 | See Source »

...Replay. It was dollars, not army divisions, that thwarted Stalin's hopes of a czarist replay. Over the four years from April 2, 1948, when the U.S. Congress overwhelmingly enacted Marshall Plan legislation, until June 30, 1952, when the last shipments of matériel and talent-ranging from vitamins to valuta, feed grains to corporate planners-reached the Continent, the U.S. had pumped $13.5 billion into 16 European nations,* an amount that averaged a bit more than 1% of the U.S.'s gross national product each year. The major beneficiaries were Great Britain ($3.2 billion), France...

Author: /time Magazine | Title: Foreign Aid: Twenty Years Later | 6/16/1967 | See Source »

...soldier who worked his way up through the ranks to become a marshal in the Red army. As Malinovsky's stand-in for the past ten years, he became proficient in the art of rocket rattling, in 1963 even claimed that "Soviet rockets can reach Polaris bases no mat ter where they are." For the past seven years, Grechko has doubled as supreme commander of the Warsaw Pact ar mies, a post that the Kremlin last week gave to another Russian general. Grechko is something of a political hero as well: among the eight rows of medals...

Author: /time Magazine | Title: Russia: Two New Men | 4/21/1967 | See Source »

...ought to be hit even harder. "How long," he asked, "can Hanoi enjoy the advantage of restricted bombing of military targets? How long can the Viet Cong be permitted to take sanctuary in Cambodia? How long can supply trails through Laos be permitted to operate? How long can war matériel be permitted to come into Haiphong harbor? How long can the North be permitted to infiltrate soldiers and weapons across the demarcation line?" As to peace talks, Ky made it clear that he would not accept a coalition government that included the Viet Cong...

Author: /time Magazine | Title: The War: Pulling Together | 3/31/1967 | See Source »

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