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...flowing out of the U.S. said Rockefeller, "due to a failure to develop methods to support the economic development and defense of the free world without placing too great a burden on the balance of payments." Investment money is going abroad because of the "failure of the President to redeem his often-repeated 1960 campaign pledge to 'get this country moving again economically," and because U.S. interest rates are lower than some other countries...

Author: /time Magazine | Title: The Economy: The Continued Gold Drain | 9/13/1963 | See Source »

Each weekend in August, the Italians in the North End of Boston have a festival for a patron saint or protector. Though the inspiration is religious, in practice they show some qualities that redeem them to the masses. Ice cream vendors tinkle along behind the procession, and children scream and cry just like at any other parade. The largest and most exciting is the last, the festival for Saint Antonio de Padova, but the other three are just as important...

Author: NO WRITER ATTRIBUTED | Title: Grande Festivale della Madonna del Soccorso | 8/21/1963 | See Source »

Kentucky Derby winner Chateaugay will probably go off the favorite in Saturday's 87th running of the Preakness Stakes at Pimlico, but the smart money (Le., mine) is going on Candy Spots to redeem himself after his disappointing third place finish in the Churchill Downs classic...

Author: By R.andrew Beyer, | Title: THE SPORTING SCENE | 5/15/1963 | See Source »

Stop the Singing. To make sure that there will always be ready cash to redeem shares in the fund, one-fifth of it will be invested in U.S. industries. The remainder will be fed gradually, so as not to rock the young Tel Aviv stock market, into Israeli government-held stocks as well as into private insurance, banks, utilities and such land development projects as the nourishing Dead Sea Works (TIME, March 1). The new money, the biggest single block ever to enter Israel, will help to expand growth projects, while charity will continue to cover such ventures...

Author: /time Magazine | Title: Israel: A Place to Make Money | 5/10/1963 | See Source »

...redeem the professor's reputation, a colleague (Dirk Bogarde) engages to repeat his experience. While the camera dispassionately supervises, Bogarde is led into a room impermeable to light and sound. There he is stuffed into a rubber diving suit and submerged in a tank of water warmed to body heat. His external sensations disappear, and as the hours go by he passes through six successive stages of sensory deprivation: irritation, melancholia, hallucination, panic, disorientation and stupor. When his assistants finally haul him out of the tank, Bogarde is more like a jellyfish than a human being, a mindless blob...

Author: /time Magazine | Title: Cinema: Blob Psychology | 5/10/1963 | See Source »

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