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...liked what they found, if not exactly for all the right reasons. One girl, who explains that she had owned only one tattered pair of panties before, became ecstatic over being able to buy five pairs out of the $75 charge account given each volunteer to supplement her Government-issue wardrobe. The girls will receive an additional $65 allowance for winter clothing later in the year. Recruits also get $30 a month pocket money and $50 a month put aside for when they leave the Job Corps. Out of this $50, the trainees may send up to $25 home...

Author: /time Magazine | Title: Youth: Expectations, Great & Small | 5/21/1965 | See Source »

...central banks from the IMF's ten leading industrial powers: Belgium, Britain, Canada, France, Germany, Italy, Japan, The Netherlands, Sweden and the U.S. The Ten quietly take on study assignments for the IMF (current study: proposals for a new type of international reserve currency) and, when necessary, supplement IMF loans with their own hard currencies. In the latter case, they contribute quotas under an agreement called the General Arrangements to Borrow, which is known as GAB. Meetings: whenever necessary, usually several times a year...

Author: /time Magazine | Title: World Business: FIVE CLUBS FOR MONEYMEN | 5/14/1965 | See Source »

...RUSSIA. A pending consular treaty provides U.S. access to arrested Americans within four days. Bail is rare, but foreigners awaiting trial may be temporarily freed in Moscow-hardly an easy place to escape from. Foreign lawyers may supplement court-appointed Soviet lawyers, though purely as advisers. Soviet police are ordinarily quite tolerant of minor offenses, such as public drunkenness, but careless picture taking is bad medicine. Chary of national disgrace, the Soviet cops are ruthless in protecting tourists from thieves and swindlers...

Author: /time Magazine | Title: Foreign Law: A U.S. Tourist's Legal Sampler | 5/7/1965 | See Source »

Vellucci possessed the instinctive ability to play both sides of the fence. He has a flair for grasping interesting issues and exploiting them. Like most other councillors, he has his own entourage of friends and informants to supplement his knowledge of what's going on in Cambridge...

Author: By Robert J. Samuelson, | Title: Vellucci Stamps Style On Cambridge Politics | 4/30/1965 | See Source »

French Finance Minister Valéry Giscard d'Estaing has also called for the Group of Ten to create its own money, but he wants to use it only as a minor supplement to gold. France's main aim is to upgrade the importance of gold, of which it has plenty, and downgrade the dollar and the pound. The Common Market is talking about printing a six-nation money, and its economic chief, Robert Marjolin, figures that such a move could later open the way for a Group of Ten money. The U.S. opposes the idea...

Author: /time Magazine | Title: Money: A Cry for Change | 4/16/1965 | See Source »

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