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...good reason. A dazzle of diamonds winked and twinkled in all directions, from hair, hands, necks and bosoms. The Duchess of Windsor's were canary. Signora Gianni Agnelli's stones coruscated white, pink and green. But Elizabeth Taylor outshone everyone at the costume ball with the 69.4-carat, million-dollar "Burton Diamond" at her throat, and her black hair caught up in a net studded with 1,000 small diamonds and edged with 25 larger ones. Perhaps to relieve the monotony, her feather spray was held in place by a 20-carat emerald. Estimated total worth...

Author: /time Magazine | Title: People, Dec. 13, 1971 | 12/13/1971 | See Source »

...girl's best friend, but women are also developing an insatiable fondness for emeralds. Demand for the soft, veined, green jewels has risen so appreciably that prices have more than doubled in the past five years; the finest quality stones now fetch as much as $3,000 per carat wholesale, on a par with diamonds. What buyers do not know is that they are almost certainly, if unwittingly, contributing to the prosperity of one of the world's most lucrative-and bloodiest-illegal businesses. Some 90% of all emeralds come from Colombia, where mining and sale...

Author: /time Magazine | Title: COLOMBIA: Emeralds and Bullets | 7/12/1971 | See Source »

...Francisco's ebullient Mayor Joseph Alioto was arraigned last week in Seattle on charges of bribing a Washington State official and using the mails for that purpose. Nothing daunted, Alioto stoutly maintained his innocence of what he called a "14-carat fake" accusation "filled with absolute falsehoods." Would he, despite the charges, run for re-election next fall? Alioto, noting that he had been "not just a full-time mayor but an overtime mayor as well," avoided a straight answer, but let his guard down enough to tell reporters that he had no plans "to resign over this filthy...

Author: /time Magazine | Title: People, Apr. 12, 1971 | 4/12/1971 | See Source »

Cokes and Chorus Girls. How did the little-known Perenchio get that kind of money? And how does he plan to turn a profit? Perenchio put up none of the cash pot himself, but instead found a 24-carat backer. Jack Kent Cooke of Los Angeles. Millionaire Sportsman Cooke, now 58, had parlayed a $24-a-week job as manager of a radio station in Canada into an empire of radio stations and cable-TV companies. Today he also owns the Los Angeles Lakers (basketball) and Kings (hockey), and is part owner of the Washington Redskins (football). Cooke made...

Author: /time Magazine | Title: PROMOTIONS: The Purse Snatchers | 1/25/1971 | See Source »

Falk has a splendid time either muscling the opposition in Vegas or quaking before the elegant threats of a capo from New York. Gena Rowlands (Mrs. Cassavetes outside the movies) does the tough-but-tender-broad routine with such wistful sexiness that her heart of gold is almost 24-carat. When she and Cassavetes play a boisterous reunion scene, the film, however briefly, is transformed from flyweight entertainment into something true and touching...

Author: /time Magazine | Title: Cinema: In the Tradition | 11/23/1970 | See Source »

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