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...Cover) The green phone - phone-green to match the office walls - rang imperiously. New York City, said the long-distance operator, was calling Mr. James Reston, and in a moment Mr. Reston, Washington correspond ent of the New York Times, was talking to Adlai Stevenson. The titular head of the Democratic Party, a longtime Reston admirer, confidant and news source, was getting ready for his South American tour, and he wanted to know if the Times in tended to cover it. As a matter of fact, Stevenson hinted, it would be dandy if Reston himself went along. Well, no, said...

Author: /time Magazine | Title: The Press: Man of Influence | 2/15/1960 | See Source »

When even that failed to buy the insurgents off, Delouvrier caved in emotionally. He had had only seven hours' sleep in five days. In a speech that was sometimes eloquent but more often rang like a wild cry of panic in the night ("I myself have been struck by paralysis, by anguish and by torment like all of you"), Delouvrier announced that, General de Gaulle having taught him how to decide, he and Challe had decided to leave Algiers and go to a command post in the country. He called upon Algeria's 9,000,000 Moslems...

Author: /time Magazine | Title: Foreign News: The Blue Helmet | 2/8/1960 | See Source »

...Wall Street last week knew whether rates would continue to ease. But for the first time since November prices of outstanding U.S. securities had risen to the point where no issue was selling to yield as much as 5%. Mirroring the improvement in governments, corporate bonds also rang up price gains...

Author: /time Magazine | Title: Business: Money: Past the Peak? | 2/8/1960 | See Source »

...create new ones. As for profits, said Hoyt, "if you cannot get a return of 20% on your net worth, you had better get out of business." Carter need not worry. Its 1959 earnings ran 44% of its net worth (v. the U.S. manufacturing average of 11%); Carter rang up sales and royalties of $51 million, put $1,032,000 into research, had earnings...

Author: /time Magazine | Title: GOVERNMENT: Trouble in Miltown | 2/8/1960 | See Source »

...suburb of the placid city of Geneva, Mme. Marie Zumbach returned home one spring evening in 1958 from a weekly parish meeting. As she entered the back door, she heard her husband Charles scream for help. Four shots rang out, and a man came running toward her, chased her out into the garden and shot her down. The attacker returned to the house, savagely and repeatedly stabbed the dying Charles Zumbach, then mounted his bicycle and pedaled away into the night...

Author: /time Magazine | Title: SWITZERLAND: LAffaire Poupette | 2/1/1960 | See Source »

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