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...people were prepared for the worst when President Pedro Aramburu and Finance Minister Roberto Verrier went on the air last week-and the worst is just what they got. In blunt introductory remarks, the President lambasted both "egotistical businessmen" and workers who believe "that the supreme social achievement is well-paid laziness." Then he turned the microphone over to Economist Verrier, who told the story in terms of pesos. Argentina, according to the minister's figures, is consuming and featherbedding its way to 'bankruptcy...

Author: /time Magazine | Title: ARGENTINA: Going for Broke | 4/1/1957 | See Source »

Unable to fly, Annapolisman Wead supported himself by writing about flying, mostly for the movies. Dirigible, Hell Divers, Test Pilot, Ceiling Zero, Dive Bomber and a dozen other pictures made him a well-paid, well-known man, a sort of Secretary of Aviation in Hollywood's ruling circles. In World War II Wead wangled active duty, hobbled about the flight decks of the Pacific with his neck in a steel brace, and won the Legion of Merit for his theory of the supporting carrier, a major contribution to Pacific strategy...

Author: /time Magazine | Title: Cinema: The New Pictures, Mar. 11, 1957 | 3/11/1957 | See Source »

...Closed four embassies (in Austria, Belgium, Denmark and Switzerland). Losers: assorted political creditors and relatives who had looked forward to an easy, well-paid tour of duty abroad...

Author: /time Magazine | Title: PANAMA: Family Austerity | 12/10/1956 | See Source »

Commenting on a well-paid professional Armed Force replacing the present draft system, Leach said, "It would be good, efficient and in the long run economical, but difficult to accomplish because of its heavy initial cost...

Author: NO WRITER ATTRIBUTED | Title: Leach Foresees No Draft Change With Unification | 12/6/1956 | See Source »

...credit went to the democratic unions; the Communists could only grudgingly accept the gains on behalf of their own members. Caught up in the Marxist dogma of progressive "pauperization," the Communist unions demand political rather than economic gains, preferring workers to be poor and militant rather than well-paid and independent. Some of the French workers seem to be catching...

Author: /time Magazine | Title: Foreign News: Two More Victories | 1/9/1956 | See Source »

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