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...Russians share the blame for Stalin because they resigned themselves to his excesses instead of resisting them. However, the poet also urges Russians to stop harping on Stalinism, which has been Khrushchev's line of late. Terkin's resurrection was a sign that Khrushchev had decided to soften a campaign against controversial writing that has been going on since December. In fact, Editor Adzhubei noted reassuringly, Nikita liked the poem and laughed loudly when it was read to him before publication...

Author: /time Magazine | Title: World: Stalinsville on the Styx | 8/30/1963 | See Source »

...banks are limited by Federal Reserve Board flat to 75% and 20 years. But in the past two years, the bankers and S & Ls have been hammering away at each other in an interest-rate war that has skyrocketed rates on savings deposits. With the mortgage market beginning to soften, this means a smaller spread between what S & Ls pay out in interest and recieve in mortgage rates...

Author: /time Magazine | Title: U.S. Business: The Twelvefold Increase | 8/30/1963 | See Source »

...Northeast; the line went more than $44 million into the hole during its seven years on the run. For the past 2½ years, it has been kept aloft only by financial transfusions from Industrialist Howard Hughes, whose Hughes Tool Co. owns 80% of Northeast's stock. To soften the effects of its decision, the CAB offered to grant Northeast a subsidy; by coincidence, the offer came on the same day that the White House released a special CAB proposal to reduce drastically all regional airline subsidies...

Author: /time Magazine | Title: Aviation: Decision Against Northeast | 8/23/1963 | See Source »

...agreement puts the U.S. and Russia in league against De Gaulle and his ambitions, thereby further straining the NATO alliance. But Washington argues that De Gaulle cannot grow much more anti-NATO than he is already, and hopes, further, that le grand Charles, after swallowing his initial annoyance, may soften his stand for fear of being isolated...

Author: /time Magazine | Title: Cold War: A New Temperature | 8/2/1963 | See Source »

...found it all just too exhilarating. It was a compliment to his vast powers of persuasion that Mrs. McLean and the others never took into account his reputation; he could soften any skeptic merely by producing freshly embroidered lies with which he smothered older embroidered lies...

Author: /time Magazine | Title: Books: The Liar | 7/19/1963 | See Source »

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