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...Herring are now awaiting trial in Georgia on charges of fraudulently obtaining $277,000 in loans. At a farmhouse in the mountains, Vesco outlined a preposterous plan. If the Carter Administration would promise him leniency, he would order six Latin American countries under his "control" to support the Panama Canal treaty. Back in the U.S., Bartlett and his law partner, Harry Wingate, conveyed the offer to Secretary of State-designate Cyrus Vance, who rejected...

Author: /time Magazine | Title: Nation: Vesco's Latest Caper | 10/2/1978 | See Source »

...expectations for Camp David: I am hopeful that we will agree to serious negotiations at Camp David, and that there will be no abrupt interruptions. When you consider that the United States negotiated the Panama Canal Treaty for 14 years, it is realistic to expect that negotiations on the Middle East will take a while. I am not talking of years but of months-months of intensive negotiations. By this I mean our people should sit together five days a week. It will be necessary to have such serious discussions in order to bring about peace. We shall certainly...

Author: /time Magazine | Title: Nation: The Mood Is Strong | 9/11/1978 | See Source »

...occurred at all was symptomatic of the troubles facing Somoza's government. Following on the audacious capture the week before of Managua's National Palace, after which members of the leftist Sandinista National Liberation Front won the release of 59 political prisoners and received safe passage to Panama, the Matagalpa rebellion raised the real likelihood that the days of the Somoza dynasty may be numbered...

Author: /time Magazine | Title: NICARAGUA: A Battle Ends, a War Begins | 9/11/1978 | See Source »

Last week's events suggested that Somoza may yet have his mind made up for him. In Panama, safe, sound and almost delirious with triumph, the Sandinistas, with their newly released comrades, were no doubt preparing for some new victories. Cero assured his captives when he bade them goodbye: "We'll be back in two months...

Author: /time Magazine | Title: NICARAGUA: Triumph of the Sandinistas | 9/4/1978 | See Source »

When the tourists arrive, head the other way. That is the motto of British Author Graham Greene, who flees his home in Antibes, France, each summer for less crowded haunts. On his third trip to Panama, a favorite spot, Greene visited Panamanian Chief of State Omar Torrijos. "I have not even concluded whether I have done good or bad," Torrijos told his guest. "It's like going to the gas station. You pay and the pump returns to zero. Every time I awake I am back to zero...

Author: /time Magazine | Title: People, Sep. 4, 1978 | 9/4/1978 | See Source »

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