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...days of the legendary Emperor Jimmu, who founded the Japanese empire in 660 B.C. In five years the gross national product zoomed 62.5% to $25 billion annually, while industrial production jumped almost 100% to 219 on the 1934-36 index. But last week Japan had two somewhat more sober phrases to quote: naka-darumi, meaning pause, and oi-uchi, meaning a tightening. The pause in the boom had been brought about by the credit pinching of Finance Minister Hisato Ichimada to keep inflation from toppling the boom...

Author: /time Magazine | Title: BUSINESS ABROAD: Naka-Darumi in Japan | 11/18/1957 | See Source »

...Soviet satellite, Russia's diplomatic rocket-rattling and fear of weakness in the free world's leadership, President Dwight Eisenhower and Prime Minister Harold Macmillan met last week in Washington. They took an idea, which at first was little more than a hope. In their hours of sober consultation they shaped it, giving it life. The idea was simply that man's future lay not only in answering Soviet missiles with more missiles, but in the pooling of every moral and material resource that 50 free nations could bring to bear against despotism...

Author: /time Magazine | Title: THE NATION: More Than a Hope | 11/4/1957 | See Source »

...speedup was inevitable (see below), moved to meet Khrushchev's crude power play with a readiness to use power, if necessary. How to preserve that power and that diplomatic capability five to ten years hence, in the face of Sputnik's warning, was the heart of the sober second thought in Washington last week...

Author: /time Magazine | Title: THE NATION: The Specific Threat | 10/21/1957 | See Source »

Missing Pots. More sober comment came from such thoughtful Europeans as Thierry Maulnier. who wrote in Le Figaro: "The Russian people can ... see in the sky a brilliant star which carries above the world the light of Soviet power, thanks to millions of pots and shoes lacking." And France's Combat pointedly declared: "We ourselves would like it if the Russians would put some of their pride into the evolution of a better world -an end to the world of concentration camps...

Author: /time Magazine | Title: COLD WAR: The Beeper's Message | 10/21/1957 | See Source »

...peaceful alcoholic stupor. Food and board are cheap: 50? a night for a flop; two fried eggs, coffee, toast, mush and potatoes for a quarter. Money is adequate: handouts in these generous times are fat; pharmaceutical companies buy blood for $5 a pint if the donor appears sober; relief checks and unemployment compensation are punctual. If all else fails, a day's dishwashing will net $8, and $8 is enough for a week's luxurious living in a civilization where showers are free, haircuts and shaves cost nothing at a barber college, the missions hand out meals...

Author: /time Magazine | Title: CITIES: Hallelujah Time for Bums | 10/14/1957 | See Source »

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