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...Italian elected since 1522 and thus, in a real sense, the first international Pope to lead a global church. And, in the wake of his frail predecessor, the youngest Pope chosen since 1846. The last under-60 Pope, Pius IX, reigned for 32 years. At age 58, Wojtyla is robust and muscular (he was described in the national daily The Australian as "a man built like a rugby front-row forward"), and it thus seemed possible that he could lead his faith into the 21st century. Plainly, the Cardinals had opted for a long pontificate. Just as plainly, they...

Author: /time Magazine | Title: A Foreign Pope | 10/30/1978 | See Source »

...medicine does not seem to be working. Loan demand so far has remained robust. That is one reason the money supply has expanded at an annual rate of 11.3% in the past two months, well ahead of the Reserve's target limit of 6.5%. Nor has the dollar shown any appreciable signs of strengthening. Thus many experts believe that even higher interest rates are on the way, even though Reserve Chairman William Miller has said that borrowing costs are at or near their peaks. Henry Kaufman, a top money analyst at Salomon Brothers, believes the prime rate could...

Author: /time Magazine | Title: Business: Of Climb, Crunch and Slump | 10/23/1978 | See Source »

Health and age were clearly linked. At first it seemed the need for a robust Pope might eliminate the previous rule of thumb that made 60 an absolute minimum age for a new Pope. But this idea receded as the week progressed, partly because tradition is not easily abandoned in the church, and because the Cardinals are only too aware of the unpredictability of human life and death. (It was recalled that Leo XIII was notably frail but lived to be 93. When a well-wisher said to him, "May you live to be 100," he replied...

Author: /time Magazine | Title: Religion: A Light That Left Us Amazed | 10/16/1978 | See Source »

...will have to devote more of his carefully allotted time than ever now to nurturing this fragile infant that he has helped to midwife into robust life. Good. Let the trivia-like foreign pilgrimages, town meetings and water-project vetoes-that have cluttered and complicated his world so far be conveniently forgotten now and then as he goes after a genuine Middle East peace. That issue and the other big one, inflation, are enough to justify his salary for the rest of the year...

Author: /time Magazine | Title: THE PRESIDENCY: The Sweet Fruits of Success | 9/25/1978 | See Source »

...said, the U.S. shouldn't look back: other countries are gaining on its lead in productivity. In the past decade, U.S. output per hour worked in manufacturing has risen only 27%, exactly the same as anemic Britain's, much less than half as much as that of robust France, West Germany and even Italy, and only one-quarter as much as Japan...

Author: /time Magazine | Title: Executive View: Three R's of Productivity | 9/25/1978 | See Source »

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