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...minute Europeans. They changed every few years as new lands were discovered and old lands settled into their proper places. Map viewers gradually learned what latitude and longitude meant, and that a straight line on a map (Mercator's projection) is not always the shortest distance between two places...

Author: /time Magazine | Title: A Letter From The Publisher, Jan. 19, 1959 | 1/19/1959 | See Source »

Never before had a Soviet economic plan-advertised as only the first installment of an even grander "15-year-perspective development plan"-been proclaimed that sounded so much like a political manifesto. It pledges Russia's 121 million workers "the world's shortest working week"-but at some unspecified future time. It promises that there will be butter for every Russian table, while "flights to celestial and cosmic bodies" will also be carried out. It targets an overall rise of 80% in industrial output by 1965, and a 62%-63% boost in national income. Thus the emphasis will...

Author: /time Magazine | Title: RUSSIA: The Big Dream | 11/24/1958 | See Source »

...Shortest-lived among the clubs in Harvard history was a "Society to Discourage the Perpetration of Crimes," formed in 1793. One of the few records pertaining to the virtuous club was a resolution passed by the Corporation on December...

Author: By John R. Adler, | Title: Crime: A Nazi at Lowell, Spy Club, 1766 Rebellion, | 11/21/1958 | See Source »

...Improvement has come somewhat sooner and more vigorously than many observers had perhaps anticipated." So reported the monthly review of the Federal Reserve Bank of New York last week. The 1958 recession, said the review, probably reached its low point in April, and it was the shortest and the most severe of the postwar recessions. Though it warned that a mild setback might follow the initial upturn, as in 1949 and 1954, the bank saw hopeful signs in the fact that the recovery so far has been broader than in either of the previous postwar recessions...

Author: /time Magazine | Title: STATE OF BUSINESS: Upturn with Problems | 8/18/1958 | See Source »

...views about combatting recessions. Starting at the first real dips, C.E.D. individually plotted such prime indicators as industrial production, gross national product, employment, inventory changes, plant expansion, month by month or quarter by quarter to show the relationship of each to the others. Conclusion: the current recession is the shortest and probably the mildest of the three. It is also the recession that proved it a fallacy to consider tax cuts and heavy Government public works pump-priming, either together or separately, as the speediest and surest cure for any business...

Author: /time Magazine | Title: THE THREE RECESSIONS: Score Card Shows 1958's Was Shortest | 8/4/1958 | See Source »

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