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Everyone knows that John F. Kennedy is rich-but almost no one, perhaps even including Jack himself, knows just how rich. Last week came some grist for the wealth-wonderers' mill...

Author: /time Magazine | Title: National Affairs: Money Talk | 1/20/1961 | See Source »

Within weeks after the election, word went out from the Kennedys that De Sapio & Co. must go. To take the teeth out of the Tammany tiger, the Kennedys cut off De Sapio's federal patronage. Run-of-the-mill jobs are now being dispensed through Congressman Eugene Keogh of Brooklyn and Charles Buckley, boss of The Bronx, while applicants for higher jobs must call upon Bobby Kennedy or Brother-in-Law Sargent Shriver. The Washington tactics produced the desired results. New York's Mayor Robert Wagner pushed Old Friend De Sapio to arm's length, last week...

Author: /time Magazine | Title: New York: Kicking the Tiger's Teeth | 1/13/1961 | See Source »

Borrowing money to start up again. Piper moved to an abandoned silk mill in Lock Haven, set up the Piper Aircraft Corp. Cub sales rose from 22 in 1931 to 687 in 1937, when Piper took over as the No. 1 U.S. light-plane maker. Piper got a tremendous boost from the war. More than 5,000 easily maneuverable Pipers served as reconnaissance, liaison and ambulance planes. They became known to G.I.s as "flying Jeeps" and to the Germans as "hell raisers" because bombing raids often followed their reconnaissance flights. Piper, like other small-plane makers, was shoved into...

Author: /time Magazine | Title: Business: WILLIAM THOMAS PIPER | 1/13/1961 | See Source »

...present for the newborn Cuba: agreements that make Cuba's shattered economy dependent on Russian handouts. The Reds promised to import such Cuban goods as hides and sugar, unneeded in Russia; they promised to send to Cuba a $250 million aid program, including an oil refinery, a steel mill, power plants. Added the joint communique: in case the U.S. "carries out its threat of not buying more sugar from Cuba," Russia commits itself to purchase 2,700,000 tons at the barter equivalent of 4^ per lb., making 4,000,000 tons in all to the Communist world...

Author: /time Magazine | Title: Cuba: The Wise Men | 1/2/1961 | See Source »

...celebration. A fat, dissolute, and probably capitalistic robber baron starts the plot rolling by breaking up the festivities, and then deciding that he wants young Lileya as his scullery maid. Serf Stephen runs away to join the "free" (naturally) Cossacks, and Lileya hides in a broken-down water mill...

Author: By Frederic L. Ballard jr., | Title: Lileya | 12/21/1960 | See Source »

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