Word: aug
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Dates: during 1950-1959
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...Ecuador's El Comercio, who won the $500 prize for "work on behalf of press freedom" after he refused to print a government communique in his paper and was closed down by the police; and Carlos Lacerda, fiery publisher of Brazil's Tribuna da Imprensa (TiME. Aug. 16), for his crusading editorials against government corruption. Said Lacerda: "There is one lesson we learn from events in Brazil. [It is the] growing responsibility of the press in forming a public opinion capable of fighting...
...muddiest cups yet brewed. The Federal Trade Commission filed a formal complaint against the New York Coffee and Sugar Exchange and eight of its members. The charge: restraining coffee trading and thereby causing prices to rise out of all proportion to supply and demand. As it had before (TIME, Aug. 9), FTC hit hard at the exchange's "restrictive" contract, which permits trading only in "Santos 4" coffee, an average grade shipped from Brazil's port of Santos and accounting for 10% of U.S. consumption (2.78 billion Ibs. last year). FTC suggested that the exchange "cease and desist...
WILLYS MOTORS, which was shut down last June, starting rumors that it was going out of business (TIME, Aug. 2), will stay in automaking at least through 1955. Company is now tooling up for 1955 production, plans to introduce its new model around the end of the year...
...Vanishing Prairie. Walt Disney's cameramen catch some intimate glimpses (including the birth of a baby buffalo) of what animal life was like when the West was really wild (TIME, Aug...
...Waterfront. Elia Kazan's big-shouldered melodrama of dockside corruption; with Marlon Brando, Eva Marie Saint, Lee J. Cobb (TIME, Aug...