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...only the easy externals. Their uniform is as standard as that of a geisha: the "Shintaro" crew cut and aloha sports shirts for the men, with loose-flowing Byronic shirts, zoot coats and pointed suede shoes for city wear; toreador pants for the girls with hair cut like a mop and often dyed red; and over all, an attitude of abandonment and deep to-hell-with-it cynicism...

Author: /time Magazine | Title: JAPAN: The Rising Sun Tribe | 12/17/1956 | See Source »

Israel, its hardy soldiers quickly masters of a peninsula twice the size of their own nation, did not even wait to mop up last Egyptian resistance before switching from Egyptian to Israeli currency in the Gaza Strip. After midnight Tuesday, little more than a week after the operation began, Israeli army GHQ announced: "The campaign in Sinai has ended . . . and there is no more fighting." At that moment, the British-French invasion of the Canal Zone was already under...

Author: /time Magazine | Title: THE MIDDLE EAST: Blitz in the Desert | 11/12/1956 | See Source »

...destroyed by the terror they had fed. Nearly a hundred stores and buildings had been sacked and burned, and a pall of the smoke of burning loot hovered over Kowloon. Governor David ordered the first curfew in Hong Kong's history. Military forces and police moved in to mop up a fiercely resisting core of rioters, arrested 3,000 Chinese suspected of provoking or leading rioters...

Author: /time Magazine | Title: HONG KONG: Trouble on the Double Tenth | 10/22/1956 | See Source »

...portfolio of marketable Treasury securities. To nip expanding credit, the FRB sells securities through its Open Market Committee at competitive prices, thus sucks in funds from bank reserves. Since banks can lend up to $6 for every $1 in reserve, every dollar paid for these Treasury securities actually can mop up as much as $6 in potential loans. Since the first of the year, the Open Market Committee has allowed the banking system to thin out their portfolios without replenishing the money supply. (The FRB expands the money supply by buying securities, thus increasing a bank's lending capacity...

Author: /time Magazine | Title: GOVERNMENT: The Banker's Banker | 9/10/1956 | See Source »

...audience watching Nasser's parade of military power, a burly, heavy-faced man in a white suit smiled contentedly and ran a comb through his mop of greying hair. Frozen-Faced Molotov's successor as Soviet Foreign Minister proved a man of many mobile impressions (see cuts). A year ago Dmitry Shepilov came to Cairo as editor of Pravda; a few months later came Nasser's arms deal with the Communists, which set Nasser up in business as a man no longer dependent on the West alone. Now, as Foreign Minister, Shepilov was, back to inspect...

Author: /time Magazine | Title: Foreign News: Visitor Bearing Gifts | 7/2/1956 | See Source »

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