Hardly a newsperson would not stand up and, with shining eyes, salute this bit of the creed of the London Daily Telegraph. “An honest newspaper reporter tells his readers everything that he thinks they would be interested in knowing about an event, and also everything that he thinks is important for them to know about it.”By George Bain5 min
The convention hall in the West German industrial city of Ludwigshafen was filled to capacity. On the walls hung campaign banners and posters in the national colors of red, black and gold. But the 4,500 people in the audience were surprisingly unenthusiastic.By ROSS LAVER4 min
Saturday morning shopping trips to the local Canadian Tire store for anything from car batteries to fishing rods have been a ritual for many Canadians for decades. It is a tradition that has its own distinctive stamp: the blue, green and pink “funnymoney” premium coupons that accumulate in glove compartments, kitchen cupboards and purses—and are even redeemed for more hardware.
The daily routine at Camp David Corpuz in Cagayan, a province in the northern Philippines, begins at 5 a.m. Awakened by the squawking of roosters, Col. Rodolfo Aguinaldo sits down with his men to a cup of instant coffee and a heaping plate of locally grown rice and scrambled eggs.
They are unlikely prisoners in an equally unusual prison. As they strolled by Rome’s fabled Trevi Fountain one morning last week, Micheline and Laurence Lévesque, two middle-aged sisters from Jonquière, Que., looked typical of the thousands of tourists who visit the city each day.
The battle for control of Canadian Tire Corp. Ltd. (CTC), has dramatized a wider and increasingly bitter conflict between two divergent groups in the Canadian investment world. On one side stand corporate owner-managers who have tightened their control by monopolizing ownership shares that provide company voting rights.
At a dramatic meeting in Vancouver next week, shareholders of the Bank of British Columbia will be voting on whether or not to accept somewhere between 66 cents and $2 for shares some of them bought for as much as $22. And no one attending that traumatic meeting—which follows last month’s takeover of the bank by Hong Kong interests—will be more interested in the outcome than Edgar Kaiser Jr., its former chairman and one of its largest shareholders.By Peter C. Newman4 min
The Iraqi accounts were clearly self-serving, and both sides’ claims of military triumphs were suspect at best. But one thing was certain: last week’s fighting was some of the fiercest and grisliest of the six-year-old Iran-Iraq war. The brunt of the battle took place in southern Iraq, where the Tigris and Euphrates rivers join to form the Shatt alArab waterway.
Zowie, Dr. Foth, it is certainly propitious to intercept your ambulatory perambulations. Exterpolate the specificities of your phantasmagorical vacuity. Well, yee, for the life of me I can't figure out what is going on with this Washington arms scandal.By Allan Fotheringham4 min
It was an emotional appeal from a distraught father. The three confidential letters, personally typed on beige manila paper, expressed the frustration and disillusionment of Alfred J. Billes, the 84-year-old cofounder of Canadian Tire Corp. Ltd. (CTC). The letters were hand-delivered late last week to each of his children—Alfred William, David George and Martha Gardiner Billes.By THERESA TEDESCO6 min
It was President Ronald Reagan’s first public event of the year—and he appeared relaxed and confident as he sat at his desk in the Oval Office last week and faced a television camera. Only 10 days before, he had undergone successful prostate surgery and an examination to ensure that he was free of the colon cancer that had been detected in 1985.
The first issue of The New Yorker magazine appeared in February, 1925, and the cover depicted Eustace Tilley, a dandy with a monocle and top hat—a figure that has since become its trademark. With only two editors in its 62-year history, the influential weekly quickly gained a reputation as one of the most stable literary magazines in North America, seeking out and fostering a stable of talented writers, including J. D. Salinger, author of the 1951 novel of youthful awakening, Catcher in the Rye.
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