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...still setting new records. Housing starts in August, reported the Bureau of Labor Statistics, totaled 111,000, up 19% from a year ago. In Dallas the pace was so fast that there was a shortage of such supplies as wallboard, cement and plumbing equipment. In Levittown, Pa., where Mass Builder William J. Levitt showed off a new three-bedroom, two-living-room house (with garage) for $10,990, some 30,000 people stood in line to inspect it. In one week Levitt wrote orders for more than 375 houses, representing about $4,200,000 worth of new construction...

Author: /time Magazine | Title: STATE OF BUSINESS: Boom on Boom | 10/4/1954 | See Source »

...trip to Korea for the American-Korean Foundation last winter, California Builder Stephen Bechtel paid a courtesy call on Coordinator C. Tyler Wood of the Foreign Operations Administration. As Wood well knew, Bechtel was there to see how Korea's orphanages and hospitals were making out. But Ty Wood had another project that he considered just as important. For months, he had been unsuccessfully trying to persuade President Syngman Rhee to approve FOA plans for three coal-burning power plants for Korea. Would Bechtel please try his hand? Bechtel agreed to see what he could...

Author: /time Magazine | Title: CORPORATIONS: Power for Korea | 10/4/1954 | See Source »

...adaptation with his old gusto. Helen Hayes, as the family's irascible matriarch, and Claudette Colbert, as the harassed heroine, played warmly and well, supported by the harrumphs of Charles Coburn as the family manager. As a play, Royal Family was not the best starter for a prestige builder. The madcap antics, the entrances and exits tended to jumble on the TV screen without jelling. Producer Martin Manulis should have better results with plays to come. Among them: The Man Who Came to Dinner, Panama Hattie, The Philadelphia Story, Arsenic and Old Lace, Ah, Wilderness...

Author: /time Magazine | Title: Radio: The Week in Review | 9/27/1954 | See Source »

Regulation Start. Well aware that a bad school situation makes a real-estate developer no friends. Builder Oddstad made a radical suggestion: he would make a temporary school out of tract houses, lease the school to the district until the red tape of establishing a regular school could be untangled. Then the school could be reconverted into its component houses and sold. When Architect Victor Abrahamson showed them the plans for Oddstad's project, the local school board quickly gave him the nod. A San Francisco bank lent the money, and Oddstad's construction crews rushed the school...

Author: /time Magazine | Title: Education: The Unorthodox Way | 9/20/1954 | See Source »

...opening day last week, stocky Builder Oddstad watched the children streaming into his school with obvious delight. "This is the thing to do," said he. "It's up to builders to take the initiative." Near by, under the school's breezeway, Mrs. Robert Blomberg finally broke away from her weeping five-year-old daughter Kathlene. Said Mrs. Blomberg: "She's been dreaming of nothing but school for weeks. Now all she can say is, 'I want to go home.' " An hour later, tears dry, Kathlene was happily drawing her first picture in kindergarten. An unorthodox...

Author: /time Magazine | Title: Education: The Unorthodox Way | 9/20/1954 | See Source »

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