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...principals for making false statements. The owners of the ships also stand to lose vast sums if the Meacham case runs against them. Hardest hit will be Niarchos, who has had eight tankers and five Liberties seized, and his brother-in-law, Aristotle Socrates Onassis, the Greek capitalist who bought the gambling casino at Monte Carlo and operates some 80 ships around the world (TIME, Jan. 19). Onassis has had six tankers, five Victory ships and one Liberty taken over. The group of corporations that ex-Congressman Joe Casey and Newbold Morris helped set up, and that touched...

Author: /time Magazine | Title: GOVERNMENT: Ship Seizure | 9/14/1953 | See Source »

Readers of Manhattan's Communist Daily Worker, which steadfastly treated the execution of atom spies Julius and Ethel Rosenberg as a capitalist frame-up, were startled last week when the Worker labeled the Rosenbergs "atom spies." The red-faced editors explained they had lifted the story verbatim from a "capitalist press clipping." Apologized the Worker: "We are deeply sorry that slipshod copy-editing permitted this vile attack on the martyred Rosenbergs to appear in our paper...

Author: /time Magazine | Title: The Press: Frame-up | 7/27/1953 | See Source »

...doubled since 1929, while Britain's has increased by 54%, Holland's by 52%, ours has only increased by 8%-including building . . . Why this relative French decadence on the industrial plane? Because we are a country where many people want to keep the profits of the capitalist regime without respecting its laws, of which the first one is free competition. These people allow neither external nor internal competition. Agreements result in the fixing of sales prices according to the production costs of the most backward enterprises...

Author: /time Magazine | Title: FRANCE: Diagnosis | 6/8/1953 | See Source »

Joseph Stalin boasted just before he died that Communism had deprived the capitalist nations of 800 million potential customers-the have-nots in his Soviet empire. The capitalist powers would fall out over the remaining market, he predicted, and this would lead Britain, France, Germany and Japan to "break out of American bondage . . . on a path of independent development...

Author: /time Magazine | Title: COLD WAR: Trade with the Communists | 6/1/1953 | See Source »

...great storm arose over the Atlantic last week and the waves were ink black with controversy. In the midst of it, Britain and the U.S. uncovered depths of incompatibility that had often been charted without ever being plumbed. Onlookers were reminded of Joseph Stalin's prediction that the capitalist alliance would inevitably fall apart, and at Panmunjom, Communist truce negotiators profited...

Author: /time Magazine | Title: COLD WAR: The Great Tempest | 5/25/1953 | See Source »

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