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RAIL MERGERS are picking up steam. Illinois Central and Southern Railway are competing for control of the 5,696-mile Louisville & Nashville to strengthen their positions if ICC okays the pending merger of the Atlantic Coast Line and the Seaboard. Southern Pacific asked ICC permission to take over the Western Pacific. One approved merger: Chicago & North Western takeover of the Minneapolis and St. Louis to form the second longest U.S. road (after the Santa...

Author: /time Magazine | Title: Time Clock, Oct. 24, 1960 | 10/24/1960 | See Source »

...invents a phrase, "development diplomacy," that is, "how to secure advantages in terms of development without arousing too much hostility." The development diplomat's job is to "illuminate the choices" before the governments of poor nations, to show them the possible effects that building a Brasilia, or laying a railway, may have on the growth of the economy. By no means should he attempt to make the choices himself--that should be left to the politicians--for he may ignore the social and political implications of his decision. There is nothing new about any of this, but Black puts...

Author: By Robert W. Gordon, | Title: New Plan For Distributing Foreign Aid | 10/7/1960 | See Source »

...DAYGE) is one of the rare satellite leaders to enjoy some degree of genuine popularity in his own country. A small-town boy from Moldavia whose education stopped with elementary school, Gheorghiu-Dej, 58, began his real schooling when he was jailed in 1933 for organizing a bloody railway strike near Bucharest. After eleven years in prisons and work camps, he was allowed to escape in 1944, as a gesture to the advancing Red army, began rising rapidly through Rumania's Communist hierarchy. (To distinguish himself from the rest of the Gheorghius, who are as common in Rumania...

Author: /time Magazine | Title: Foreign News: KHRUSHCHEV'S ROGUES' GALLERY | 9/26/1960 | See Source »

...station, founded in the 1880s by an archdeacon who had earned local fame as a healer with one modest improvement on witch doctors' methods: he routed out decayed teeth with pliers instead of a spear or rusty nail. The hospital was 40 miles from the nearest railway; when the Barkers took over, it was an iron-roofed bungalow compound inhabited by a poorly trained staff of nine, seven invalids, two cows...

Author: /time Magazine | Title: Books: The Good Neighbor | 9/26/1960 | See Source »

...biggest news out of Red China came from the railway stations. In Peking, Canton, Shanghai and Shenyang, northbound trains were suddenly clogged with unaccustomed passengers. For a fortnight, trainload after trainload of Soviet technicians and their families have been leaving for home with all their belongings -but without any farewell fanfare in the press or happy fraternal rallies at the station. Yugoslav Correspondent Branko Bogunovic, who sent out the story of the exodus, wrote: "The official explanation is that the Soviet experts are leaving after the expiration of their contracts. But other versions are circulating in Peking which throw...

Author: /time Magazine | Title: COMMUNISTS: The Frigid Friends | 8/29/1960 | See Source »

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