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...commercial ships are usually called-came aboard to survey the damage. And each, in turn, concurred that the listing ship was a lost cause. They also agreed with Captain Potter that his only recourse was to fall back on the general custom under the circumstances: condemn the ship and auction off her cargo, whaleboats and whatever gear that could be hauled off the vessel. At the least, the Brunswick's master could reduce some of the losses to his ship's owner and insurers...

Author: /time Magazine | Title: The Odyssey of the Shenandoah | 6/26/2006 | See Source »

...Decision made, they set to business and by the early morning of June 28, the auction had concluded. But as accounts were being squared and sailors from the nine other whaling vessels were busy removing barrels and crates from the crippled Brunswick, yet another ship hove into view, from the south. Observing the ship's three masts and the plume of smoke rising from her, the whaling masters immediately concluded that she was an auxiliary steamer-so-called because she was powered by both wind and a steam-engine powered iron-screw propeller. Such vessels were rare, if not unknown...

Author: /time Magazine | Title: The Odyssey of the Shenandoah | 6/26/2006 | See Source »

...million Total raised by an auction of the effects of the late Princess Margaret, the younger sister of Britain's Queen Elizabeth II, at Christie's, London. The sale of over 800 items had been predicted to make only $5.5 million $21,000 Price paid for the original artwork from a 1949 TIME cover of Princess Margaret. The portrait had been valued...

Author: /time Magazine | Title: Milestones | 6/19/2006 | See Source »

Today Bollywood is on as many screens in midtown Manhattan as in an Indian neighborhood in Queens. The literary world has learned to pronounce Vikram and Amitav and Jhumpa, and an Amrita Sher-Gil can fetch as much as a Warhol at auction. A click on the Internet instantly conveys the burgeoning scope of South Asian cultural confidence, yielding details of hundreds of art galleries, concerts, readings, plays and indie films. When I was invited back to Harvard for a South Asian night in 2001, I was ushered into a hall brimming with 1,500 heads of shiny black hair...

Author: /time Magazine | Title: India Inc.: Viewpoint: Hooray for Bollywood | 6/18/2006 | See Source »

...movie, Vanity Fair with Reese Witherspoon. Today Bollywood is on as many screens in Times Square as in Jackson Heights. The literary world has learned to pronounce Vikram and Amitav and Jhumpa, and an Amrita Sher-Gil can fetch as much as a Warhol at auction. A click on the Internet instantly conveys the burgeoning scope of South Asian cultural confidence, yielding details of hundreds of art galleries, concerts, readings, plays and indie films. When I was invited back to Harvard for a South Asian night in 2001, I was ushered into a hall brimming with 1,500 heads...

Author: /time Magazine | Title: Hollywood Loves Bollywood | 6/12/2006 | See Source »

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