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...year ago offered the new revolutionary regime a $138 million line of credit to finance Russian imports and Russian aid projects, Iraqis say that the Russians are slow on delivery and their prices are too high. Receiving Mikoyan correctly but with pronounced coolness, Kassem reiterated that Iraq "refuses to bow to imperialism or any greedy quarter"-"greedy" being the favorite Kassem euphemism for Russian stooges in Iraq. Said Kassem to Mikoyan: "The command of our chariot is independent...

Author: /time Magazine | Title: IRAQ: The Case of the Agile Corpse | 4/25/1960 | See Source »

...shrewdly built a Democratic machine on grass-roots upstate organization and the downstate power of Walter Reuther's United Automobile Workers, was re-elected for five successive terms, a national record. Last week crewcut, ruggedly handsome "Soapy" Williams, 49, wearing his original 1948 green polka-dot bow tie, got on a statewide TV network to announce that he would not run for a seventh term...

Author: /time Magazine | Title: MICHIGAN: Wash Up & Check Out | 3/14/1960 | See Source »

...polar bears, happily went hunting for them. Score: none sighted, none bagged. But they had other adventures. The tougher surfacings and a close scrape against the ice pushed in Sargo's sail, punched a pair of holes in its afterdeck, ripped out a plastic dome in its bow. Once the sub scraped within five feet of the ocean's bottom; another time it came within an ace of being frozen rock-solid...

Author: /time Magazine | Title: ARMED FORCES: Through the Ice to the Pole | 3/14/1960 | See Source »

...ship has neither a bow nor a stern, it is certainly not a ship. But it is a nifty little method of getting the benefits of U.S.-built ships without the high cost. On order last week from the Hamburg yards of German Shipbuilder Willy Schlieker (TIME, Oct. 26) were the midsections of six vessels for Mobile's McLean Industries, Inc. With a booming business carrying highway trailer vans by sea, McLean decided to add six new vessels, each with a capacity of 476 vans, to his fleet of trailer ships. The problem was that if the vessels were...

Author: /time Magazine | Title: SHIPPING: Ends Against the Middle | 2/29/1960 | See Source »

Douglas Aircraft Co., for decades a symbol of U.S. world supremacy in commercial aviation, made a low bow to foreign competition last week, and by so doing put itself in position to pick up a pretty penny. In Manhattan, President Donald Douglas Jr. announced that it was joining with France's Sud-Aviation to sell Sud's up-to-80-passenger, 500 m.p.h., twin-jet Caravelle airliner in world markets. Douglas got exclusive sales rights in the U.S. and Latin America, plus parts of Asia and Africa. At first, all planes will be built in France, but when...

Author: /time Magazine | Title: AVIATION: Jet-Age DC-3? | 2/22/1960 | See Source »

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