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...mutual interest of the two neighbors. Ironically, the President made much last night of the clandestine nature of the Russian build-up. And yet it was the very severing of relations that made secrecy and suspicion the hallmark of U.S. Cuban dealings. Each step in the spiral of hostility has formed a template for its perpetuity. Now, with the introduction of nuclear weapons into the situation, all diplomatic forms and considerations are dropped, and Mr. Kennedy doesn't even try to interrupt the tragedy...

Author: NO WRITER ATTRIBUTED | Title: On Cuba | 10/23/1962 | See Source »

...amount of local advertising it now carries, unless a campaign can be devised to entice national advertisers. To date the HSA has shown itself incapable of devising such a campaign; it has simply increased the costs that must be shouldered by the already overburdened local market. This endless spiral of Calendar expansion must be stopped. Three rigid limitations must be imposed upon the Calendar: 1) No further increases in production costs should be allowed; 2) Absolutely no articles of a descriptive or critical nature are to be tolerated-the Calendar is not and should not be a magazine...

Author: By Rudolf V. Ganz jr., | Title: The Calendar | 10/17/1962 | See Source »

Inflation, always a bugaboo, is in a disastrous upward spiral. With export income and foreign investment at a standstill, governments are forced to borrow or print money to support domestic industries and put their growing populations to work. But the increased currency in circulation is not matched by an equivalent increase in goods for sale. Thus prices climb higher, and the cost of living rises far faster than the world average. In the past five years, the cost of living jumped 212% in Argentina, 158% in Bolivia. 146% in Brazil, 111% in Chile, 133% in Uruguay...

Author: /time Magazine | Title: The Hemisphere: Stagnant Economies | 10/12/1962 | See Source »

...raise $840,000 and used $280,000 of it to buy St. Donat's Castle, a magnificent edifice begun in the 12th century by a Norman nobleman and modernized by William Randolph Hearst when Hearst purchased it in the '20s. Now the ancient corridors and narrow stone spiral stair wells echo to the footfalls of 55 boys from twelve nations...

Author: /time Magazine | Title: Education: College in a Castle | 10/12/1962 | See Source »

After the election, Teddy went off on another trip abroad. It was the seventh he had made and, as always, he followed his father's instructions, scribbling down voluminous notes in brown, spiral-backed notebooks. He returned to Massachusetts to take a job as an assistant district attorney for Suffolk County. He accepted only a token $1 of the $5,000-a-year salary-like his brothers and sisters, he had received a $1,000,000 trust fund at the age of 21-and quietly began planning with his father to become the Democratic nominee in the senatorial election...

Author: /time Magazine | Title: Nation: Teddy & Kennedyism | 9/28/1962 | See Source »

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