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...depressed demand, and prices have tumbled with unhappy results. Although the bank did not specify them, there are abundant examples to prove its point. The 11?-per-lb. drop in coffee prices in 1957 cost Colombia $25 million-more than its annual education budget. In 1958, when Russia dumped tin, Bolivia's quota was cut 31% by the International Tin Council; Bolivia lost $20 million, almost canceling...

Author: /time Magazine | Title: The Americas: Painful Dependence | 7/21/1961 | See Source »

...last week began like a summer shivaree. Delegates pinned on badges, pumped hands, paraded conga-fashion through the Deauville Hotel lobby behind a red-coated jazz band. They packed hotel dining rooms in the early evening and took their trade to Collins Avenue strip joints as the night sluiced tin. They crowded into the Miami Beach exhibition hall for a $25,000 one-night Teamster spectacular, featuring George Gobel, Mimi Benzell and ten chorus girls. They had a wonderful time. And they were...

Author: /time Magazine | Title: Labor: Grab for Power | 7/14/1961 | See Source »

...Harvard graduate, Composer Anderson started out with more classical ambitions, built his reputation as a "Tin Pan longhair" only after a nine-year stretch writing arrangements for the Boston Pops Orchestra. He turns out about three of his capsule compositions each year, numbers such as Blue Tango, Trumpeter's Lullaby, Sand Paper Ballet. (He also wrote the music for one Broadway musical-Goldilocks.) His method of composition is as surprising as his success: "There's nothing like getting a good title," says he, "and working backwards...

Author: /time Magazine | Title: Music: The Three-Minute While | 7/7/1961 | See Source »

...luxury, life at Gulfport Field differs little from life on any other resort-area Air Force installation. Most of us live on base, in hot concrete-block barracks, sleep between rough sheets and pounds of sand, eat G.I. fare from tin trays at the broiling-hot mess hall, and pull our share of K.P., some of it in 16-hour shifts...

Author: /time Magazine | Title: Letters: Jun. 23, 1961 | 6/23/1961 | See Source »

...threaten every hemispheric democratic government, burned U.S. Ambassador Teodoro Moscoso's car. In Chile, where famine breeds the same Red-led peasant leagues that already plague Brazil, rioters smashed windows to protest Stevenson's visit. In hapless Bolivia, he witnessed a continuing feud between the government and tin miners that ended in five dead. And in Peru, leftist students who had declared Stevenson persona non grata were dispersed by police with tear...

Author: /time Magazine | Title: The Americas: Hello, But No Help | 6/23/1961 | See Source »

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