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Milan's Borsa accounts for nearly half of all Italian stock-market transactions. Milan's factories pour out motor scooters and motor cars, turbines and typewriters, boilers and books. With less than 1/25th of the nation's 50 million people, hardworking Milan pays 26% of Italy's national tax bill. Sometimes the Milanese jokingly threaten to secede and join Switzerland. If they did, the remainder of Italy would sink in economic significance to the level of Greece or Portugal...

Author: /time Magazine | Title: ITALY: City on the Move | 6/27/1960 | See Source »

...with him ever since. He is my world. He has made me more mature and I keep him young. I never consciously think of Charlie's age for 364 days of the year. Only his birthday is the annual shock to me-when the whole world seems to pour into our home with wishes, cables and presents." Motherhood is Oona's favorite occupation: "I am delighted every time I have another baby. The more the merrier is our family slogan. Charlie is just crazy about the kids. And he tells everyone that I look my prettiest when...

Author: /time Magazine | Title: People, Jun. 27, 1960 | 6/27/1960 | See Source »

...like your savoir-faire Direct and deft and debonair. No pitch, no plaques, no benefits, No Ladies' Aid, no worker kits. Half-Nelson tactics aren't your dish You twist your ring and state your wish. The genie hears: Voila, a champ. The oil doth pour from Nelson's lamp...

Author: /time Magazine | Title: Letters, may 23, 1960 | 5/23/1960 | See Source »

...Khrushchev continued to pour on the agony, the phoniness of Moscow's noisy piety became all too obvious. Canadian Opposition Leader Lester Pearson declared: "It is the sheerest hypocrisy to feign passionate anger and indignation" at "a crime common to all governments and inevitable in present circumstances." Adenauer observed: "Everyone knows that aircraft have been flying at high altitudes over several countries for years . . . I have knowledge that the Russians are flying over our territory as well." In Britain, former Ambassador to Russia Sir William Hayter reminded his countrymen of the embarrassing disappearance of British Frogman Lionel Crabb (TIME...

Author: /time Magazine | Title: THE NATIONS: Confrontation in Paris | 5/23/1960 | See Source »

Despite the market slide, small investors continued to pour more money into mutual funds, investing for long-term gains. Sales of mutual-fund shares in the first quarter rose to a new high of $619 million, up 3⅓% from a year earlier. Increased redemptions were more than matched by new sales. At the end of the first quarter, the 156 open-end investment company members of the National Association of Investment Companies had total assets of $15.3 billion. Their holdings of common and preferred stocks listed on the New York Stock Exchange represent almost 4% of the total value...

Author: /time Magazine | Title: WALL STREET: Faith in Mutual Funds | 5/16/1960 | See Source »

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