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Whither Barataria. At the government's request, a three-member committee, headed by Sir Val Duncan, chairman of Rio Tinto-Zinc Corporation Ltd., has been studying British representation abroad for a year. Their report, just released, may upend yet another British institution. Comparing Britain to "a man who decides that his requirements no longer justify the upkeep of a Rolls-Royce," the committee recommended "a significant reduction" in the size of the diplomatic service, a 50% slash in the size of overseas information departments, and a one-third cut in the number of armed-service attaches. Moreover, said...

Author: /time Magazine | Title: Britain: Goodbye to All That | 8/1/1969 | See Source »

...proposals from the Common Market's Executive Commission for joint economic planning and budgetary discipline to deal with overheated European economies, the ministers agreed -in principle-to set up a unified monetary mechanism. The details would have to be worked out later. Nevertheless, France's Finance Minister Valéry Giscard d'Estaing and West Germany's Economics Minister Karl Schiller called the agreement an important step. Giscard added, perhaps too optimistically, that it was "the first time we have monetary solidarity among...

Author: /time Magazine | Title: Europe: Seeking Unity--Slowly | 7/25/1969 | See Source »

...Valéry Giscard d'Estaing, 43, Finance Minister, was Pompidou's second choice for the job, after Antoine Pinay, France's personification of financial stability, turned the post down. Giscard was an obvious alternative, if a controversial one to loyal Gaullists, who dubbed him "Giscariot" after he opposed De Gaulle in the April referendum. Brilliant, rich and openly ambitious, Giscard affects an image à la Kennedy, has had himself photographed skiing France's Grande-Motte glacier and hunting wild boar in the Soviet Union. During his four years as De Gaulle's Finance Minister...

Author: /time Magazine | Title: World: France's New Cabinet | 7/4/1969 | See Source »

SWORD LINE can carry the weight and win, PRINCESS VAL is ridden by hot apprentice R. Casey, LIGHTNING STORM...

Author: By The Scientist, | Title: Today's Bets At Suffolk Downs | 7/3/1969 | See Source »

There is a feeling in my shoulders and arms of not holding something. I would like to have held Val then or Lilian in the hall or Irene just now. I feel there is nothing I can hold. Val is the first girl I have actually known at all whom I have held. It was an emptiness in me for years...

Author: By Carter Wilson, | Title: Tike and Five Stories | 6/12/1969 | See Source »

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