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...Investment. As its answer to question 3, the fund ended fiscal 1957 with a currency-supporting record that topped the entire previous total of business in its ten-year career. To halt a run on sterling in the Suez crisis, the fund gave the United Kingdom a dollar loan of $561.5 million and stand-by credit of $739 million, its biggest single deal to date. The fund gave temporary first aid to the slumping reserves of countries "with rather ambitious development programs" (Argentina, Denmark, France, India, Japan, The Netherlands). It eased seasonal trade deficits in countries with only one major...

Author: /time Magazine | Title: WORLD TRADE: Hold That Line | 10/7/1957 | See Source »

...Times-Herald asked: "Who's responsible for this brainstorm-someone who's mad at the human race?" The late Playwright Robert Sherwood moaned: "Calamity." Last week ABC's Kukla, Fran & Ollie, TV's second oldest network show (after Kraft TV Theater) went dark after a ten-year run, and all earlier sounds became mere whimpers. A New Jersey woman wrote Sponsor Gordon Baking Co.: "We do not intend to buy any more of your product." A Chicago fan complained: "I bought my TV set on your account, and now I'm stuck with the damn...

Author: /time Magazine | Title: Television: End of the Affair | 9/9/1957 | See Source »

...Suspicious of the old wives' tale that more babies are born at full moon than other times, Obstetrician Ernest T. Ripp-mann of Lancaster, Pa. checked 9,551 births for a ten-year period, found nothing to it. On the contrary, slightly more babies were born close to the new moon than to the full moon...

Author: /time Magazine | Title: Medicine: Capsules, Aug. 19, 1957 | 8/19/1957 | See Source »

...ten-year old country of Pakistan, strategically located in Northeast India, near Russia, feels that Communism is not at present a serious threat, Hamid Jalal told a Littauer audience Tuesday night...

Author: NO WRITER ATTRIBUTED | Title: Speakers Discuss Pakistan, Algerian Crisis | 8/1/1957 | See Source »

After the sale Fort Lauderdale golfers heard unhappily that greens fees ($1.50 in summer, $3 in winter) will soon be raised to cover taxes, improvements, and a ten-year $373,400 mortgage. Unhappy also was the city's young (30) Mayor John V. Russell, who voted against the sale, pointed .to other Southern cities, where Negroes seldom appear on integrated courses. Outspoken Mayor Russell outlined a problem worrying many another Dixie city official: "A handful of Negroes can put us out of the recreation business entirely. We have miles of public beaches, a swimming pool, and the finest marina...

Author: /time Magazine | Title: RACES: Backward Step | 7/22/1957 | See Source »

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