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...post from the vice-presidency by the sudden death of President Oscar Gestido. A former newspaper editor who relaxes by dropping in on his favorite gym to box, Pacheco opened his campaign for national discipline in a gloves-off spirit. He fired six members of his own Colorado Par ty from their ministerial jobs. Since then, he has replaced all but one man in the twelve-member Cabinet with "good technicians." To halt inflation, which had boosted prices 200% in 18 months and forced five devaluations of the peso, he decreed a total wage and price freeze. The government encouraged...

Author: /time Magazine | Title: Uruguay: President in the Ring | 7/26/1968 | See Source »

...BUICK OPEN (CBS, 5-6 p.m., concluding on Sunday, 4-6 p.m.). The four finishing holes on the par-72 Warwick Hills Golf & Country Club, Grand Blanc, Mich., with Defending Champ Julius Boros and 143 other contestants. Live...

Author: /time Magazine | Title: Television: Jul. 5, 1968 | 7/5/1968 | See Source »

Unqualified Confidence. Only the Swiss franc, which is 100% backed by gold, shares with today's Deutsche mark the unqualified confidence of international businessmen, financiers and speculators. Because investors now prefer bonds floated in German marks to those denominated in U.S. dollars, most mark issues are selling above par, while dollar bonds go at a discount in Europe. During the March gold crisis, there was such a rush to change other money into marks that foreign accounts in West German banks swelled by a net $285 million in a single week...

Author: /time Magazine | Title: Money: Happy Birthday, Dear Deutsche Mark | 6/28/1968 | See Source »

...shown later this month at West Germany's prestigious Dokumenta, and he can hardly meet the demand from private buyers, who willingly pay from $4,000 to $12,000 for a painting. Among today's so-called color-field painters, Olitski is ranked by many on a par with Kenneth Noland and the late Morris Louis. While the canvases of both Louis and Noland are generally filled with several areas of color that rest flatly on the canvas, Olitski has mastered the art of spraying on paint to create a single, subtly shaded veil that conveys an illusion...

Author: /time Magazine | Title: Art: Color It Color | 6/14/1968 | See Source »

...hitter on the ladies' tour, Carol consistently belts her drives 250 yds. or more, and there is little wrong with the rest of her game. Last month, in Atlanta's Lady Carling Open, she shot 66-66-68 for a 54-hole total of 200-16 under par and the lowest score ever recorded in a ladies' tournament...

Author: /time Magazine | Title: Golf: How About That Mann? | 5/17/1968 | See Source »

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