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Operation Consume, the Republican program, offers to repay the farmer in kind for land which he agrees to take out of production. Under this program, no farmer would receive funds from the Federal government. Instead, for example, a wheat-grower will allow his land to lie fallow, receiving the equivalent amount of grain from the Federal storage bin. He would then sell this wheat at market prices...

Author: By Peter S. Britell, | Title: The Candidates and the Farmer | 10/21/1960 | See Source »

...Association (IDA) got under way last week and immediately ran into the familiar experience of seeing other nations avert their gaze when the plate was passed. Conceived as a soft-currency adjunct to the World Bank, in which underdeveloped nations may borrow dollars and other hard currencies but can repay in a variety of nonconvertible currencies such as rupees or drachmas, IDA originally was to start with $1 billion in capital. Though the U.S. dutifully subscribed its promised one-third-$320 million-in full, other nations fell short, and IDA last week began with a capital of only $686 million...

Author: /time Magazine | Title: ECONOMICS: Give a Hand, Here | 10/10/1960 | See Source »

...proud Chinese are making prodigious efforts to repay the Russians for their aid and to free themselves of their need for it (officials "hope" they will be self-sufficient in machine-tool production by 1970). They keep their Soviet technicians apart in a suburb of Peking and forbid their own students in Russia to marry or keep company with Russians. They make the most of their sheer numbers. In the China Quarterly, Professor Robert C. North of Stanford University tells of talking to one gloomy Soviet engineer who had worked out the possibilities as neatly as a chess problem: "Suppose...

Author: /time Magazine | Title: COMMUNISTS: The Facts of Life | 7/11/1960 | See Source »

...chamberlains like his father. Thereupon the seven chamberlains urged postponement of Akihito's trip until well after President Eisenhower's visit to Japan in June, "to prevent members of the imperial family being used as a political instrument." Besides, they said, the Crown Prince should first repay visits from Ethiopia's Haile Selassie and Iran's Shah. Last week, blandly ignoring earlier pledges of a U.S. trip in May, the inflexible chamberlains declared that "the Imperial Household Board will work out its own plans for an autumn overseas tour" by Akihito, "independent of any political considerations...

Author: /time Magazine | Title: JAPAN: Seven Court Chamberlains | 2/15/1960 | See Source »

...girl grows older, to Marigold's dismay she acquires a wooer. But in sign language the tearful girl rebuffs her suitor, telling him that she must repay the love and kindness of her surrogate father by being his companion and comforter. Tears in his own eyes, old Marigold proclaims the lovers man and wife with his blessing. Five years go by, when a tiny hand turns the doorknob of the cart door, followed by dark eyes and curly locks. "Grandfather," says the little girl. "She can speak!" cries Marigold, as "the happy and yet pitying tears fell rolling down...

Author: /time Magazine | Title: Books: The Artist as Sob Sister | 11/23/1959 | See Source »

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