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The simultaneous plunge into limited currency convertibility taken by ten European nations (TIME, Jan. 5) was a dramatic measure of Europe's recovery from the catastrophic economic consequences of World War II. Part of Europe's new confidence in its own currency rested on a decreasing dominance of...

Author: /time Magazine | Title: WESTERN EUROPE: The Fourth Force | 1/12/1959 | See Source »

Monro added that, as far as he knew, the power to call for a new election rested with the Council and its president, Leland, thus putting Leland in a key position on both sides of the affair

Author: By Frederick W. Byron jr., | Title: Seniors Challenge Marshal Election | 1/9/1959 | See Source »

Out of the confidence and the lessons of Lebanon and Quemoy, the Pentagon stepped up limited-war capability (from sixth priority to third priority, behind deterrent and retaliatory capability). But the broadening spectrum of limited power, and the growing military-diplomatic sophistication (the U.S. staff chiefs even have a planning...

Author: /time Magazine | Title: National Affairs: The Course of Cold War | 1/5/1959 | See Source »

Fiery Diva Maria Callas, her flames fairly well banked, rested in Milan before filming some jovial chit-chat for CBS Pundit Ed Murrow's TV talkathon, Small World. Meanwhile, back at her lawyers' office, things were less restful. Already soprano non grata at Milan's La Scala...

Author: /time Magazine | Title: People, Jan. 5, 1959 | 1/5/1959 | See Source »

Back in Manhattan after finishing her first film role in two years (as a hip-rolling cutie in Director Billy Wilder's Some Like It Hot), distraught Cinemactress Marilyn Monroe rested in seclusion from a bitter blow: only 16½ months after doctors had removed an embryo by surgery...

Author: /time Magazine | Title: People, Dec. 29, 1958 | 12/29/1958 | See Source »

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