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...favorite argument for dictators is that they impose order and thus smooth the way for improvements, but in 20 years of Francisco Franco, the Spanish economy has seen precious little improvement. Partly to blame were the aftermath of Spain's ruinous Civil War, the international war that followed, and the long years of political isolation. But the rest lay in Franco's inept administering, in Spain's archaic economic system, and perhaps in those national qualities described by a 19th century Spanish statesman: "I do not know where we are going, but I do know this-that...

Author: /time Magazine | Title: SPAIN: Out of Limbo? | 8/3/1959 | See Source »

With Democrats favored to win in the July 28 general election, Inouye's step-down prevented a party-splitting, potentially ruinous primary battle that had been threatening since a self-declared "team" of septuagenarians set their misting sights on the Senate seats. The team: Oren E. (for Ethelbirt) Long, 70, onetime (1951-53) Governor of Hawaii; William H. Heen, 76, Chinese-American ex-president of the territorial senate (1954-58). Said Bill Heen in asserting his right to a place in the Senate: "I have given long service to the Democratic Party in Hawaii, and I have many friends...

Author: /time Magazine | Title: HAWAII: Old Faces for Baby | 6/8/1959 | See Source »

...Gazette of Feb. 2 reported that Stoughton and Massachusetts Halls were in great danger as the wind drove cinders on the roofs of both buildings. Also the "new and beautiful" Hollis Hall dedicated just days earlier, narrowly escaped although it was windward. The Gazette called the blaze "the most ruinous the College ever met since its foundation...

Author: By Robert E. Smith, | Title: Officials Cool to Harvard Fires But Blazes Ignite Student Spirit | 4/9/1959 | See Source »

...idea behind India's policy toward foreign news agencies is to protect its only remaining domestic news agency, Press Trust of India, from ruinous competition. It is an ironic fact that by trying to help Press Trust of India (which depends heavily for revenue on the government-owned All India Radio), India is also giving a near monopoly of foreign news service to the agency that supplies Press Trust: Britain's Reuters Ltd., long a symbol to Indians of British imperialism. It is even more ironic that India, which won its national freedom so dearly, has created...

Author: /time Magazine | Title: The Press: Noose on the News | 3/23/1959 | See Source »

...great debate on the rule of government in the lives of her citizens. Shall government live within its means; shall our citizens, in a prosperous time, meet the cost of the service they desire of their government? Or is it to be our established policy to follow the ruinous route of free republics of the past ages, the route of deficit financing, of inflation, of taxes ever rising, until all initiative and self-reliant enterprise are destroyed...

Author: /time Magazine | Title: THE PRESIDENCY: A Great Debate | 2/23/1959 | See Source »

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