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It is the radical approach of calling a halt to the perpetual merry-go-round that surprises the economists. The present method of circular borrowing-to-repay-borrowing would probably accomplish almost equivalent results to those of the new scheme, which is, in essence, to stop all borrowing and repayment...

Author: By Charles S. Maier, | Title: Credit Coup | 4/17/1957 | See Source »

The man with the money was Prisoner Jorge Antonio, 39, who parlayed a friendship with Juan Perón's brother-in-law into a fortune estimated at $215 million. At Rio Gallegos Prison, Antonio allied himself with four fellow prisoners, all well known Perónista politicos. Rumors...

Author: /time Magazine | Title: ARGENTINA: Going for Broke | 4/1/1957 | See Source »

Virtue & Pornography. The producer of Vienna's Annie, Austrian-born U.S. Citizen Marcel Prawy, had already successfully staged Kiss Me, Kate in Vienna (TIME, March 5, 1956). His announcement that he was bringing Annie Oakley and the Wild West to the Danube shore outraged critics. They rushed fiercely to...

Author: /time Magazine | Title: Music: Siegfried Get Your Annie | 3/18/1957 | See Source »

Metropolitan Opera Soprano Maria Meneghini Callas (TIME, Oct. 29), fresh from a three-week U.S. publicity triumph, rushed to New York's International Airport, Paris-bound with her toy poodle, a black mite aptly named Toy, sharing a first-class booking with Maria. Her retinue also included her husband...

Author: /time Magazine | Title: People, Dec. 31, 1956 | 12/31/1956 | See Source »

An intriguing and French little comedy, La Ronde possesses a wealth of amoral irony and a pleasantly fatalistic attitude toward love. Based on a play by Arthur Schnitzler, the film briefly traces the course of ten love affairs--between a prostitute and a soldier, the soldier and a chambermaid, the...

Author: By Thomas K. Schwabacher, | Title: La Ronde | 12/17/1956 | See Source »

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