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...Calendar. All these symptoms of boom rang a tocsin in the minds of those who feared they meant higher interest rates and a consequent stifling of economic growth. But, as one Government economist noted last week, to assume that this recovery must produce increased interest rates because previous ones did so is to "substitute calendars for analysis." In the 1961 recovery, the most important upward pressures on interest rates are notably missing...

Author: /time Magazine | Title: Money: Abiding Interest | 12/22/1961 | See Source »

With Arrows. Within an hour. Raja's tough Gurkhas had slipped into position around the dug-in Katangese on the airport road. Suddenly shots rang out. When the dust cleared half an hour later, one Indian was dead and four wounded, but among the shambles of the smashed roadblock lay 38 dead Katangese and still more wounded. The road was at last open, permitting a convoy of 240 Swedish reinforcements, just in by air from Europe, to move into the town itself...

Author: /time Magazine | Title: Congo: Battle for Katanga | 12/15/1961 | See Source »

...Metropolitan Opera season has not opened on a gaudier note since Maria Jeritza made her entrance as the stripteasing heroine of Thais in 1923. The cowgirl with the red braided hair was Soprano Leontyne Price (TIME cover, March 10), and the opera that rang up last week's curtain was La Fanciulla del West, or The Girl of the Golden West, by that old roughrider, Giacomo Puccini. Even among ardent Puccini fans, Fanciulla is often regarded as an embarrassing mistake, and the Met has not staged it in 30 years. But last week's production was more than...

Author: /time Magazine | Title: Music: Old Horse, New Saddle | 11/3/1961 | See Source »

Holding steadily to these ambivalences, the TV drama rang true instead of ringing with packaged Truth. In earlier adaptations for stage and film, Greene's novel became little more than a frenzied search for a bottle of sacramental wine. But Adapter Dale Wasserman succeeded in dramatizing the infinitely more significant frenzy of a man in search of his own soul...

Author: /time Magazine | Title: Television: Talent Associates | 11/3/1961 | See Source »

...rienne, the demonstrators at first shuffled peacefully by in the rain. But at the Rond-point de la Défense, just outside Neuilly, the rabble borrowed its tactics from French extremists in Algiers and Oran: slashing tires, overturning cars, shattering shop windows. Shots rang out and police, flailing night sticks and heavily weighted capes, clashed headlong with...

Author: /time Magazine | Title: France: To the Jugular | 10/27/1961 | See Source »

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