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When Brazil broke loose from Portugal, its currency was called the real (ray-ahl). After a decade of independence, the government had to proclaim a new unit of currency, awkwardly named the milreis (mill-rayss), meaning a thousand reals. Now, after many more rounds of inflation, the basic currency unit is the cruzeiro (crew-zay-roo), and inflation is shriveling it too. Its present exchange value is a small fraction of a cent. The 1,000-cruzeiro bill, long Brazil's biggest bank note, is worth only a little more than...

Author: /time Magazine | Title: Brazil: Sinking Currency | 8/23/1963 | See Source »

Shaw was also teaching a lesson about war. He has Caesar proclaim: "Murder shall breed murder, always in the name of right and honor and peace, until the gods are tired of blood and create a race that can understand." And the second Prologue warns: "I bid you beware, ye who would all be Pompeys if ye dared; for war is a wolf that may come to your own door." Like many great creative artists, Shaw could sense the course of world events some years ahead; he foresaw World War I and its wake, just as Mahler...

Author: By Caldwell Titcomb, | Title: 'Caesar & Cleopatra' at Stratford | 8/6/1963 | See Source »

...Diego Chargers) and a 61-room mansion in Bel Air, Calif., which, with Hearstian grandeur, he has named Casa Encantada. He lives there alone and, with 19 servants at his call, does nothing for himself; he will not even buy his own clothes. While his hotels like to proclaim their appeal to gourmets, Hilton is indifferent to fancy food, preferring to dine on corned beef hash, tuna-fish casserole and tea served in plastic cups ("It's more sanitary."). Though his hotels pride themselves on the original works of art they hang in lobbies and guest rooms...

Author: /time Magazine | Title: Hotels: By Golly! | 7/19/1963 | See Source »

...always agree with the administration. On April 21, 1961, the CRIMSON ran a small article on the bottom of its front page, innocently proclaiming "Lingua Latina Mortua Est." Less than one week later, several students gathered in front of Widener to hear an orator proclaim that Harvard should keep Latin diplomas even if the University became "the last light in a darkened world." Within three hours, more than 2000 students had participated in a riot which rivaled the proportions of the famed Pogo riot, complete with tear...

Author: By Richard L. Levine, | Title: Class of '63 Sees Great Changes in College | 6/12/1963 | See Source »

...giant has never really wavered from President Harper's original aim: grown-up teaching and research. In "schizoid" Midwest fashion, as Orientalist John A. Wilson put it not long ago, Chicagoans "pound on our chests and proclaim fiercely that we are the corn belt or the pivotal center of the country or the home of American nationalism or the 'hog butcher of the world.' Yet secretly we long to out-Harvard Harvard, to out-Oxford Oxford, and to out-Sorbonne the Sorbonne as a citadel of pure intellectuality...

Author: /time Magazine | Title: Universities: Return of a Giant | 5/31/1963 | See Source »

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