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Cocky Gambits. Continuing his nationalist spree, before leaving on a trip to Spain and Pakistan, Macapagal last week took on still another Western power by claiming Philippine sovereignty over the 29,387 square miles of British North Borneo.* More significant than these cocky gambits is the fact that Macapagal seems determined to base them on democracy and free enterprise at home. He understands the challenge, for the tao, with whom Macapagal identifies, are desperately poor, unlike the top 10% of the Filipinos who receive nearly half the nation's personal income. An estimated 5,000,000 peasants have...

Author: /time Magazine | Title: The Philippines: Progress Despite Needles | 6/29/1962 | See Source »

...dine at friends' houses unless Rosa was there to cook the bland, boiled food that, in her words, "would not spill down is shirt front." Edward was an ardent patron of the hotel, which had a private entrance around the corner for merry monarchs and squires on the spree; as Prince of Wales he reputedly bankrolled his blonde, blue-eyed friend when she bought the Cavendish in 1902. "One king leads to another," she used to say. Soon the Kaiser became one of her best customers, and grew so fond of her cuisine that he presented her with...

Author: /time Magazine | Title: Great Britain: Requiem for Rosa's | 6/29/1962 | See Source »

...Fourth of July 1898. steamed from the Jersey shore into holiday-forsaken Manhattan to cable huge buy orders to the London Stock Exchange on news of the great U.S. naval victory off Cuba in the Spanish-American War, a victory that, as they expected, touched off a great buying spree on Wall Street next day. skyrocketing prices in the U.S. stocks that the Baruchs had bought at low prices in London while others were too busy celebrating; after a long illness; in Miami...

Author: /time Magazine | Title: Milestones: Jun. 22, 1962 | 6/22/1962 | See Source »

Then, with the Korean war, a new boom-and-inflation cycle set off the roaring bull markets of the '50s. The war itself sent the Government on a buying spree, and the cease-fire released a burst of dammed-up consumer demand for cars, houses, appliances. Its confidence bolstered by Dwight Eisenhower's election, business began to expand. As the economy reached new highs, big wage hikes were followed by still bigger price rises. The real value of the dollar went down by 3∧ every year...

Author: /time Magazine | Title: Wall Street: One Hectic Week | 6/1/1962 | See Source »

...scoring spree was one of the fastest in Harvard history, and featured two of Spruance's four game tallies. Before the period was over the Crimson's offensive steamroller had added two more goals on, shots from Spruance and Captain Grady Watts for a 5-3 lead...

Author: By Robert A. Ferguson, | Title: Stickmen Down Dartmouth, 3-9, for Fourth League Win | 5/14/1962 | See Source »

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