Word: moreâ
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...Soviet-style Communism, Moscow has further crippled it. Acting on the flimsiest and most cynical of pretexts, Warsaw Pact troops throttled the infant independence of a state that had reiterated its fidelity to Moscow and Communism. To retain its grip on Eastern Europe?perhaps only for a few years more???the Soviet Union had sacrificed much of its influence among Communist parties elsewhere. Not since the Hitler-Stalin pact of 1939 had the Kremlin acted so palpably from fear and weakness. Under present-day conditions, Moscow's treatment of Prague makes for a very poor prognosis for the future...
...current cynosure of the Eastern intellectual set, John Kenneth Galbraith has long been a purveyor of predictions. For two decades they have come tumbling from his typewriter and tongue in prodigious quantities, covering every topic from women to world politics. Yet there are few predictions that Galbraith cherishes more???or wishes more that he had never felt com pelled to make?than his warning that a major U.S. involvement in Viet Nam would lead to disaster...
...employers responded to a fall-off in demand by slicing wages and dumping workers, said Keynes, that would only reduce incomes and demand, and plunge production still deeper. If bankers responded to a fall-off in sayings by raising interest rates, that would not tempt penniless people to save more???but it would move hard-pressed industrialists to borrow less for capital investment. Yet Keynes did not despair of capitalism as so many other economists did. Said he: "The right remedy for the trade cycle is not to be found in abolishing booms and keeping us permanently in a semi...
Rockefeller and president of the nation's second biggest bank, New York's Chase Manhattan. On the strength of his name alone, David Rockefeller is entitled to sit with the powerful, but as head of the Chase he is much more???he is a prime mover in a profession that since the days of the Medici has heavily shaped the course of the world's economic affairs...
...Strong Shogun" returned last week to Tokyo in terrific triumph. He, Lieut.-General Shigeru Honjo, Conqueror of Manchuria, stopped en route at a mountain spa, and was literally mobbed by U. S. and British tourists who shoved, gasped and shrilled, "Please, General, please! Your autograph! Just one more?...