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...Camp David last September, Nikita Khrushchev's complaints to President Eisenhower about restrictions on U.S.Soviet trade drew a polite but pointed reminder that the U.S. might do more business if the Kremlin paid its bills. On the U.S. Treasury books since 1945: Soviet debt for lend-lease goods usable in peacetime, originally set at $2.6 billion but later reduced to $800 million (of total wartime U.S. aid worth $10.8 billion). Last Soviet offer, made by hard-haggling Stalin in 1951: $300 million. Asked if he wished to reopen negotiations, Khrushchev beamed: "Of course, we'd be glad...

Author: /time Magazine | Title: FOREIGN RELATIONS: Bad Debt | 2/8/1960 | See Source »

...voice an octave. (His younger sister Frances remembers him as a South Dakota newsboy: "When he stood out there on Main Street in front of the drugstore, holding an armload of St. Paul Dispatches, you could hear him all over town.") His 8½-hour filibuster with Soviet Premier Nikita Khrushchev left the interpreters reeling; Humphrey has talked about it ever since. Once, as a graduate student at the University of Minnesota, he appeared on a radio program with Classmate Malcolm Moos (now President Eisenhower's speechwriter) to debate the relative merits of Franklin Roosevelt and Wendell Willkie. Humphrey...

Author: /time Magazine | Title: THE CAMPAIGN: The Liberal Flame | 2/1/1960 | See Source »

Just as Soviet Power Station. Minister Ignaty Novikov was all set to fly home after attending ground-breaking ceremonies for President Nasser's Aswan Dam, an urgent cable arrived from the boss. Putting off his departure, Novikov rushed to Nasser's palace with Premier Nikita Khrushchev's message: "The government of the Soviet Union hereby expresses its readiness to join in the construction of the second stage of the Aswan High Dam on the same terms as agreed for the first." Hours later, Nasser sent his "greatly overjoyed" acceptance...

Author: /time Magazine | Title: RUSSIA: The Wheeler-Dealers | 2/1/1960 | See Source »

...President Eisenhower prepared to fly back to Washington at week's end, a White House announcement underscored the work that lay ahead. The President of the U.S., said the announcement, had set the dates June 10-19 for his visit to Russia to see Soviet Premier Nikita Khrushchev...

Author: /time Magazine | Title: THE PRESIDENCY: Interlude | 1/25/1960 | See Source »

...Great Kremlin Hall within whose floodlit, white-marble walls Russian history has unrolled in war and peace. Before the admiring gaze of 1,378 Supreme Soviet delegates, of his wife (seated alone on a chair placed in an aisle), and of galleries packed with diplomats and newsmen, Premier Nikita Khrushchev again claimed his day in history. In a 3½-hr. State of the Union address aimed more at the world than his own 212 million subjects (copies of the speech in English were handed out, an unprecedented thing, as he spoke), Khrushchev proclaimed that the Soviet Union intended...

Author: /time Magazine | Title: RUSSIA: Of War & Peace | 1/25/1960 | See Source »

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