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...practice of banking hard money outside is an old one, and the Spanish government had tended to wink at the practice. Businessmen swore that they could not operate without external balances, and even some government agencies had undeclared accounts of their own. But Spain's sick economy has been going from bad to worse. In the first nine months of 1958 the country suffered a trade deficit of $263 million. Its exports of citrus fruits are down more than 60%. It has so little left in gold reserves ($57 million) that it cannot even scrape up enough money...

Author: /time Magazine | Title: SPAIN: Case of the Fugitive Treasure | 12/29/1958 | See Source »

Patty (removing dress, exposing slip and such-like): "Why can't we just be grown-up about the whole thing. Really, the way you men seductively mention virginity to a girl not your mistress, and then wink about what happened when Cynthia slept here last night is silly. We should all be frank about...

Author: By Edmund B. Games jr., | Title: The Moon Is Blue | 12/15/1958 | See Source »

...twin cities of Minneapolis and St. Paul add up to a potential major-league baseball franchise, and at least two American League teams-the sixth-place Cleveland Indians and the last-place Washington Senators-seem eager to travel. With a knowing wink eastward, the Minneapolis city council one day last week voted a $9,000,000 bond issue to enlarge Metropolitan Stadium from 21,000 to 41,000 if a big-league team should homestead there. Barely an hour later, the St. Paul city council voted a bond issue to enlarge Municipal Stadium from...

Author: /time Magazine | Title: Sport: Minneapolis Senators? | 9/8/1958 | See Source »

Indonesia's neutralist President Sukarno, who only last May was blustering that "all I have to do is wink" to get Communist aid, put on a broad smile and invited U.S. Ambassador Howard P. Jones to a garden party in the President's countryside palace in Java. Partners in a loose-limbed, international version of the native scarf dance: Jones and Brenda Pavlic, wife of the Yugoslav ambassador, Sukarno and Mrs. James C. Baird Jr., wife of the ICA Director for Indonesia...

Author: /time Magazine | Title: People, Aug. 18, 1958 | 8/18/1958 | See Source »

...them all. The rebels, he cried, were nearly finished. The "foreign adventurers from Formosa and the U.S." had been foiled. He suggested that the U.S. "conduct a reappraisal of its policy" with regard to Indonesia. There was nothing to fear, Sukarno boasted, because "all I have to do is wink" and "volunteers" would come pouring in from Red China and the Soviet Union. But, no, he would not wink, since "with God's mercy, with our own power, we can crush this whole rebellion...

Author: /time Magazine | Title: INDONESIA: Winksmanship | 6/2/1958 | See Source »

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