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...Streeters' campaign brought a wave of "suitcase companies"-actually subsidiaries of foreign corporations but legally independent. Through a suitcase company, for example, a U.S. steel company subsidiary buys ore in Venezuela, ships it in chartered vessels to Europe. The profits returned to the Bahamian company are not taxed, can be used for expansion outside the U.S. or "borrowed" by the U.S. parent company...

Author: /time Magazine | Title: THE BAHAMAS: Treasure Islands | 4/20/1959 | See Source »

Last week the team turned into Benton v. Bowles. Returning to his home in Essex, Conn, from a Bahamian vacation, Chester Bowles, 56, announced that he would try to win the Democratic nomination for U.S. Senator and the chance to run against Republican Incumbent William A. Purtell. Already in the running: Bill Benton, 57, who lost to Purtell in 1952, has been campaigning for six months, refused to be budged by Bowles's announcement because the campaign "will not affect our personal friendship in any way." Also in the running: former U.S. Representative Thomas J. Dodd, who tried...

Author: /time Magazine | Title: POLITICAL NOTES: Benton Y. Bowles | 3/17/1958 | See Source »

...nearly $1 an hour. But the Bahamas Federation of Labor and the Progressive Liberal Party want not just good pay but to be governed "like our brothers in Trinidad. Barbados and Jamaica." In those crowded islands universal suffrage has given control of the legislative assemblies to colored delegates. Bahamian voters must own real estate or pay at least $6.50 rental a year-and only one tenant in each building may vote. The admittedly archaic code also allows corporations to vote in each district where they own $14 worth of property...

Author: /time Magazine | Title: THE BAHAMAS: Strike for Power | 1/27/1958 | See Source »

...mirrors adorned with palm fronds, and proudly announced the conversion of the back room into the Ekim Calypso Dock. Mid-Manhattan's Le Cupidon closed down when calypso became popular, re-draped itself in hammock and palms and reopened two months ago as a calypso club with a Bahamian trio, two steel drummers. It has since added a converted blues singer named Anne English, now "Lady English," and two Harlem hat-check girls turned dancers. Oldest (eight months) calypso cave is Third Avenue's Jamaican Room, where the Virgin Islands' Carl McCleverty packs them in nightly with...

Author: /time Magazine | Title: Music: Calypsomania | 3/25/1957 | See Source »

Wenner-Gren's associates prudently hired an obeah (Bahamian voodoo) ghost (?10 from a local ghost renter) to assure success at the opening. As any obeah-minded Bahamian could have predicted, this precaution worked; the ghost, one Richard Crotch in life, worked silently and invisibly to bring the necessary luck. Such corporeal visitors as Prince and Princess Alexis Obolensky, Mrs. Winston Guest, Sir Victor Sassoon, Mrs. Bernard Gimbel and Metropolitan Opera Tenor Jussi Bjoerling materialized from amphibians that made 40 nights in and out. Other guests, before and since: Danny Kaye, the Countess of Leicester, Brenda Frazier Kelly...

Author: /time Magazine | Title: THE BAHAMAS: Plush Playground | 3/22/1954 | See Source »

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