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...Prebisch, got six Latin American nations to talking about forming a common market. That kind of thing was all right for a well-developed Europe, they said, but backward Latin nations were too accustomed to protecting national industries with high tariff walls. And since a major slice of every government's revenue came from import and export duties, they could hardly be expected to agree on mutual tariff cutbacks. But last week seven Latin nations * brought their common market to life by simultaneously cutting tariffs against one another on 2,500 items of trade...

Author: /time Magazine | Title: Commerce: A Latin Common Market | 1/12/1962 | See Source »

...power to reoccupy the Rhineland in 1936, even though Winston Churchill, among others, felt that Hitler could have been easily stopped and probably toppled from power. At Munich, writes Taylor, British Prime Minister Neville Chamberlain saved the peace and served the principle of self-determination, i.e., by handing a slice of Czechoslovakia to Germany because a lot of Germans lived there. Writes Taylor: "It was a triumph of all that was best and most enlightened in British life...

Author: /time Magazine | Title: Books: Apologia for Hitler | 1/12/1962 | See Source »

...film seem more ordered or more wonderful than the world of day-to-day experience. But the "real" world suffices well enough indeed as a backdrop of malignity, Screaming traffic, hostile crowds and dark, spectral buildings frame this drama of the streets which is not just a slice of life, but seems to have been wrenched whole-cloth from...

Author: By Raymond A. Soxolov jr., | Title: The Bicycle Thief and Ivan, Part I | 1/8/1962 | See Source »

...Italy's forward-driving Fiat, computers design engine parts and direct machine tools; Fiat intends to double daily auto production within three years. At Hamburg's Willy Schlieker shipyards, a slender beam of light moves along the lines of a blueprint and automatically directs acetylene torches that slice through thick slabs of steel like butter. And the Europeans are spending freely for more automation. The Common Market Six are plowing back an average 15% of their gross national products into fixed capital investment...

Author: /time Magazine | Title: Business: Automation Speeds Recovery, Boosts Productivity, Pares Jobs | 12/29/1961 | See Source »

...board of education meeting called last week to decide the school's fate, 1,000 citizens heard three hours of speeches against a truncated Lowell. "No matter how thin you slice it," cried one Spears critic, "this will not be an academic high school." After nearly 40 speeches from the floor, the board of education voted 6 to 1 in favor of an undistricted new Lowell. A great cheer shook the hall...

Author: /time Magazine | Title: Education: The Battle for Lowell | 12/15/1961 | See Source »

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