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Foreign News: Vanderbilts, Letellier & Gwynne

Smartest Parisians of the ċercle du Ritz Bar were titillated and intrigued, last week, by news from Manhattan that General and Mrs. Cornelius Vanderbilt seemed finally reconciled not only with their lanky ex-publisher son Cornelius Jr., but also with their cherub-faced and rumpus-raising nephew Erskine Gwynne.

Son Cornelius Jr. is scarcely famed in Paris—having chosen California as his place to toil and go bankrupt publishing tabloid news organs. Therefore announcements that General Cornelius Vanderbilt had made available $2,257,000 to pay the California tabloid creditors (TIME, Dec. 31), were of relatively slight interest to...

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MICHAEL BREEN, vice president of the Truman Project, a national security leadership institute, on the possible outcome of the U.S. and Israel's tough stance on Iran's nuclear program
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