Word: pry
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...first move was to encourage pri vate foreign investment in India's des perately inadequate fertilizer industry (TIME, May 27). Then the government removed controls on eleven basic indus tries, including cement, iron and steel forging, and timber products. Two weeks ago, the rupee was devalued,* to combat inflation, shelter domestic manufactures against foreign competition, and make exports more salable in world markets. The Finance Ministry an nounced that it was working on an import-liberalization plan...
Because of failure to reapportion Alabama's districts, candidates for all eight of the state's House seats ran at large. In last week's Democratic pri mary, Elliott, 51, stood ninth and, after seven House terms, was turned out of office. Just to underline their point, Alabama Democrats nominated Birmingham's former police commissioner, Eugene ("Bull") Connor, an interna tional symbol of segregation, for the presidency of the utility-regulating state public service commission...
...money, which the companies can deduct from taxes, will go into welfare projects, community improvement, pri mary, technical and university education, teacher training, health education. The organization will also organize an Institute for the Economic and Social Development to study national needs and how to cope with them. Says Mendoza: "I believe that we are living in a deep-seated social evolution in Latin America, and that we businessmen -with all of our economic capacity and our influence - should collaborate with that evolution...
...small safety of his home in the morn ing, ran considerable risk of being robbed or assassinated by ruffians, or jailed or executed by his rulers, before he could return to it. And the home it self was a poor sanctuary from starva tion and disease, from pain and pri vation and death." Things are better now, even for the underprivileged, in much of the world. But it is a case of new stresses being substituted for old. Because there has been "an explosion of expectations," there will be "again a stressful period of adjusting to the abundance of goods...
...onetime lawyer, soldier and economics professor, Paz is short and swarthy, with gentle brown eyes and a friendly humor. Yet in 1952, he led a social revolution that emancipated the population from virtual serfdom and crushed the power of the army. In its early days, like Mexico's PRI in the first stages of the Mexican revolution, Paz's National Revolutionary Movement operated with a heavy hand, sending its enemies to concentration camps or into exile. Today, though it is plagued by entrenched party politicians ("Tammany Hall," Paz calls them), the party probably speaks for the majority...