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...deals that eased temporary balance-of-payments problems for Brazil, Colombia, Britain, the Philippines, Chile and India. He took an immense interest in Latin American affairs, represented Ike at last September's Bogota conference, which programed the spending of $500 million in U.S. development grants. Dillon's monument was the Organization for Economic Cooperation and Development-a Marshall Plan successor that now molds the foreign aid programs of the free world. Dillon helped draw up plans for the program, and last December, weeks before he moved into Treasury, proudly signed the OECD charter...

Author: /time Magazine | Title: The Economy: Man with the Purse | 8/18/1961 | See Source »

...grateful Mayenne placed a wreath at the bridge's center. Then the town built a marble monument, bearing an image of McRacken's face and the legend: "Ici pour sauver ce pout, James McRacken, 315 Bataillon, U.S.A., se sacrifia le cinq Août, 1944." President Truman sent a message for its dedication; General Charles de Gaulle knelt to place a floral Cross of Lorraine. Through the years, schoolchildren replaced the flowers as they withered. Each Aug. 5, the residents followed their mayor to the bridge to pay their somber respects to Jim McRacken. Each Christmas, they sent...

Author: /time Magazine | Title: Heroes: The Widow's Trip | 8/11/1961 | See Source »

While Cuba's cultural commissars pondered converting Ernest Hemingway's 13-acre Finca Vigia into a museum, his widow, Mary Welsh Hemingway, was more concerned about his literary monument. Spending what may be her last weeks at their longtime Cuban home, Mrs. Hemingway, as per her husband's request, destroyed personal papers, culled his "hundreds of thousands of typewritten pages" for marginal notes like "burn this" or "this is pretty good" as a guide to what to publish and what to let perish. Among the manuscripts that Mary Hemingway may or may not ever release: The Dangerous...

Author: /time Magazine | Title: People: Aug. 4, 1961 | 8/4/1961 | See Source »

...architect of her own literary monument, Katherine Anne Porter is the most sparing of designers. The graceful, towering spire of her reputation, unwavering after three decades, rests on three volumes containing but 22 long and short stories-Flowering Judas (1930), Pale Horse, Pale Rider (1939), The Leaning Tower (1944). Last week at 71, still pretty, witty and as talkative as ever ("It's always been my sin"), Katherine Anne Porter announced that she had placed the massive capstone of her distinguished career: a 160,000-word novel, her first, scheduled for spring publication by Atlantic-Little, Brown. Sighed Author...

Author: /time Magazine | Title: Books: First Novel | 7/28/1961 | See Source »

...rest of France was not so enthusiastic. He was rejected as a candidate to do a monument to Novelist Emile Zola. Aix-en-Provence commissioned a monument to his beloved Cézanne, then refused to accept the finished statue, a reclining nude. Even when Maillol found a sympathetic patron, Count Harry Kessler, art adviser to the German Kaiser, it turned out badly. World War I broke out, and the French angrily concluded that Maillol was pro-German, dismissed his beautiful nudes as so many plump Fräulein...

Author: /time Magazine | Title: Art: The Master of Banyuls | 7/21/1961 | See Source »

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