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Though it is fashionable nowadays to deride American altruism as "unconscious imperialism," or worse, the U.S. had realized-even before combat in Europe ended on May 8, 1945-that as the world's wealthiest nation and the only major power that had endured the war unscathed, it would inevitably have to shoulder the burden of reconstruction. Until early 1947, Marshall had hoped that the Soviet Union would cooperate; he later offered aid to war-wracked Russia and Eastern Europe...

Author: /time Magazine | Title: Foreign Aid: Twenty Years Later | 6/16/1967 | See Source »

...college, rather than the fund-raising pros, must nail down the donors. Operating on the rough rule that 90% of most drive proceeds will come from 10% of the donors, schools work on their wealthiest friends first. Early announcements of big gifts often entice other affluent donors to follow suit, although the approach has its hazards. One Midwestern multimillionaire kept complaining when a college stalled its announcement of his $100,000 gift; school officers could not tell him that they had expected $10 million and feared his example would induce every potential $100,000 donor to scale down...

Author: /time Magazine | Title: Universities: The Fine Art of Fund Raising | 1/13/1967 | See Source »

...chance, was Tennessee-born Bob High, now in his fifth term as mayor of Miami. Proclaiming that "the issue is integrity," Teetotaler High upset Incumbent Governor Haydon Burns in an acrimonious Democratic primary fight (TIME, June 3). Burns has withheld support from High, and many Burns followers-including the wealthiest backers-have become "Demo-Kirks...

Author: /time Magazine | Title: Florida: A Wave Either Way | 10/28/1966 | See Source »

...Marcos had a reputation as a sportsman and Lothario: when he wasn't blasting quail and ducks with his 20-gauge Browning over-under, he was breaking hearts in Forbes Park. That ended one day in 1954 when he wooed and won the daughter of one of the islands' wealthiest families. Sugar-rich Imelda Romualdez, cousin of House Speaker Daniel Z. Romualdez, was crunching watermelon seeds as she listened to Marcos orate in the House. When Marcos finished, he went up to the erstwhile Miss Manila (a proudly packaged 36-23-35) and asked: "Would you mind standing up, please...

Author: /time Magazine | Title: The Philippines: A New Voice in Asia | 10/21/1966 | See Source »

...Tran Van Van, 58, a gaunt intriguer who is one of Viet Nam's wealthiest businessmen (Saigon real estate, Delta rice lands), is also an ally of Phan Khac Suu and was imprisoned by the Diem and Khanh regimes. Van is the potential leader of a 44-seat southern bloc in the new assembly...

Author: /time Magazine | Title: South Viet Nam: A Beginning | 9/23/1966 | See Source »

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