Word: months
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
President Eisenhower has been true to the anti-sitting tradition, never allowed more than an hour or two for portraitists-until last month. When TIME commissioned famed Realist Andrew Wyeth to paint the President, both artist and subject hesitated momentarily. Wyeth, a deliberate and profoundly emotional artist, was naturally a bit overawed by the assignment. The President, for his part, was relaxing at Gettysburg, gathering his forces for his momentous and precedent-shattering visit to Europe. But TIME and mutual admiration brought the two together to create an important addition to the picture gallery of American history...
...conservative Republican Senator Barry Goldwater, who alone in the Senate had voted against the relatively mild labor-reform bill sponsored by Massachusetts Democrat John Kennedy, was tickled pink when Ike confided: "If I'd been in the Senate, I'd have voted with you." Last month, when labor-reform legislation was at bitter issue in the House, Ike went on radio and television to urge a strong bill. He immensely enjoyed going over the drafts of his speech, and he took special pleasure in trying to outfox the Democratic opposition: he deliberately inserted a statement that, since...
...begun to move against guerrilla activity in Laos last month, when it sent 25 U.S. officers to help the French train the 25,000-man Laotian army in the use of U.S.-supplied infantry weapons. In last week's decision, the President went much further. He approved outlays from his own presidential contingency fund and other military aid sources to raise the little nation's armed strength to 29.000, ordered Navy Admiral Harry D. Felt, U.S. commander in the Far East, to airlift arms and equipment to the scene of trouble. With those two orders, and with...
Soviet citizens next month will be able to sample that old staple of the U.S. consumer: installment buying. On terms of 20% to 25% down and six to twelve months to pay. Russians will be permitted to sign up for such expensive articles as motorcycles, sewing machines, cameras and luxury clothes. Service charges will be 1% to 2%, and there will be no opportunity to welsh on payments. The monthly bite will come as a payroll deduction...
...Treasury's troubles are a key part -but only a part-of the squeeze on money. Because of the new boom, there has been a large rise in business loans, which have soared from a recession low of $52 billion in May 1958 to $58 billion last month. Heavy Government financing ($13 billion deficit last year), a record volume of 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...