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...babnik, which means flatterer. She once declared that he was one of only two hand-kissing, courtly gentlemen in Moscow (the other: Lavrenty Beria). They have four sons (another was killed in World War II): two are in the air force, a third is reportedly a wild-living, peg-trousered boidevardier in Gorky Street's "jet set." Mikoyan's brother Artem, an air force general, is famous in his own right as co-designer of the MIG -the "MI" stands for Mikoyan, the "G" for Co-Designer Gurevich...

Author: /time Magazine | Title: RUSSIA: The Survivor | 9/16/1957 | See Source »

...value, thus encouraging imports and making exporters' competition for world markets more difficult. The country's money managers are worried that trade may freeze in this pattern. Yet the alternatives are scarcely inviting. Discouraging foreign investment might touch off a recession. If Canada tried to peg its dollar at a lower level, it would redouble the incentive of foreign capital to invest. And it is questionable whether Canadian taxpayers would willingly finance a costly stabilization plan certain to cause higher prices at home...

Author: /time Magazine | Title: CANADA: The Sturdy Dollar | 9/2/1957 | See Source »

...wars as a three-year center at Notre Dame, 38-year-old Footballer Brock heads the university men's physical education department and doubles as a line coach. "At first these fellows think it's all for the birds," admits Brock, "but dancing pulls them down a peg. They learn that a fast square dance is work. There are maneuvers and muscles used in Arkansas Traveler that you won't use doing a hand-off or making a tackle...

Author: /time Magazine | Title: Sport: Shall We Dance? | 5/6/1957 | See Source »

Clean That Plate. Charles's workday now begins at 9:15 after he hangs up his coat and hat on a peg newly labeled "Prince Charles." At the double desk he shares with a London doctor's son, he studies reading, writing, arithmetic, history, geography and science, will soon add Latin and elementary anatomy. At 11 a.m. he gets half a pint of free milk that is provided by the government, later pays 35? for a hot lunch. Though addressed as Prince Charles, he must obey all the rules, keep silent during the meal, and clean his plate...

Author: /time Magazine | Title: Education: The New Boy | 2/11/1957 | See Source »

...Some labor economists have suggested that a series of brand-new organizations be set up to change U.S. credit operations drastically, e.g., a National Capital Issues Committee, which would have dictatorial powers to allocate all credit, set all interest rates, and, in effect, peg the debt level for every businessman and private citizen in the U.S. Another suggestion is that the FRB's responsibility for backing the Employment Act be written into law. While FRB Chairman William McChesney Martin assumed' that he must help maintain full employment, no such basic mission is contained in the original charter...

Author: /time Magazine | Title: US FINANCIAL SYSTEM: U.S. Financial System | 1/21/1957 | See Source »

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