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Along with new hustle, a new diversity has entered Australian life. Staid Melbourne still languishes under the blue laws that turn it into "a Sunday necropolis," and in most of Australia strict drinking hours still produce a custom known as "the 6 o'clock swill"-which contributes mightily to...

Author: /time Magazine | Title: AUSTRALIA: Out of the Dreaming | 4/4/1960 | See Source »

"I'm All Right, Jack." Whether all this slanging had changed any votes was highly questionable. What clearly had swung the election to the Tories, as able Young Tory Labor Minister Iain Macleod had shrewdly predicted, was the growing stake in society possessed by Britain's "new men...

Author: /time Magazine | Title: GREAT BRITAIN: The Art of the Practical | 10/19/1959 | See Source »

Out of Cash. In mid-September, Jasper & Co. ran out of cash. Shareholders who had accepted the Jasper bids were not being paid off. Within three days the market value of Jasper's empire fell from $48 million to $33.5 million, and Jasper sadly announced that Grunwald had fled...

Author: /time Magazine | Title: BUSINESS ABROAD: The Jasper Scandal | 10/12/1959 | See Source »

In Britain last week, commercial television (never to be confused with the state-supervised BBC) celebrated its fifth birthday by repaying the last shilling of the ?550,000 government loan that got the enterprise started. Despite such success, critics carped that a Briton's TV set was no longer...

Author: /time Magazine | Title: TELEVISION ABROAD: They Went Thataway | 8/10/1959 | See Source »

One of De Gaulle's first major steps towards putting France's house in order last December was stabilizing the franc at 493.7 to the dollar through a devaluation of 17.5%. The stabilization worked, but the low esteem of the franc as a unit of foreign exchange still...

Author: /time Magazine | Title: FRANCE: The Sou Shall Rise Again | 7/20/1959 | See Source »

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