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...wheat-and-beef economy riddled by inflation, unemployment and a towering national debt, its daily life punctuated by nasty little fights between warring military factions. Nevertheless Argentina managed to grope its way back to a constitutional government that took office with new hope. Mature and stable, Illia is a small-town doctor whose middle-roading People's Radicals grew out of a split with Frondizi's Radicals in 1957. His cabinet is notable for a lack of big names; most of them are calm, dedicated professional men in their...

Author: /time Magazine | Title: Argentina: A President Again | 10/18/1963 | See Source »

...system needs rescuing," says Saxon grandly-and he has set out on what he considers a rescue mission by permitting national banks to branch out more freely than state banks, which are regulated by state banking commissions. By liberalizing branching policies, he aims to break the hold that many small-town and suburban bankers have on their areas. Critical state bankers charge that Saxon's expansion plans would cause many of them to fail under the pressure of big-banking competition. They also fear that many state banks may have to seek national charters in self-defense, thus destroying...

Author: /time Magazine | Title: Banking: The Saxon Crusade | 10/18/1963 | See Source »

...have fostered these notions, it is Spoon River Anthology by Edgar Lee Masters, which first appeared in 1915. Masters, who died in 1950 at the age of 81, was a Chicago lawyer-turned-poet who had grown up in Petersburg and Lewistown, 111. In Masters' book, 244 small-town dead speak their autobiographical epitaphs in free verse. Spoon River Anthology was the logical forerunner of Winesburg, Ohio, Main Street, and Our Town, as well as such garbage as Peyton Place...

Author: /time Magazine | Title: Theater: Tarnished Spoon | 10/11/1963 | See Source »

...Daughters juxtaposes two seperate genre films about small-town Indian girls. The first film is frankly sentimental, but should appeal to anyone not embarassed by sentimentality. It describes the relationship between a young, orphaned servant girl and her master, a Calcutta postmaster assigned reluctantly to her provincial village. They become increasing close, and when, actually uncomfortable with the town, he returns to Calcutta, he leaves her heartbroken and finds his own emotions unexpectedly mixed. Director Santyajit Ray's scenes are always well-composed and seldom ostentatious, but I wish he would not use effects so crude as the violent thunderstorm...

Author: By Daniel J. Chasan., | Title: Two Daughters | 10/11/1963 | See Source »

Hatchet in Hand. The hero is a small-town reporter covering the crime. Even as he churns out the stories that forensically call on authorities to catch "the maniac responsible," the young reporter gradually comes to a guilty recognition of his own inner feelings. His shock at seeing the body was indefinably tinctured with lust. "I saw her lying there on the cold basement floor, nude, on the cold basement floor, lovely, and over the horror of the fact washed the desire for the act, uncontrolled, it swept me under despite me, put the hatchet in my hand...

Author: /time Magazine | Title: Books: Beauty and the Beast | 9/27/1963 | See Source »

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