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After years of work in the lab to improve the process, the company finally began to market a crude copying machine in 1950, but sales were disappointing. Changing its name to Haloid Xerox Inc., the company kept working on improvements and in 1960 introduced the 914. It was an immediate hit, and Xerox's sales began a spectacular climb, rising from $31.7 million in 1959 to $104.5 million last year. Earnings rose from $2,100,000 to $13.9 million. "In 1963," says Wilson, "we believe that over 2.3 billion pictures will be made on the 914, and each picture...

Author: /time Magazine | Title: Corporations: Fortune in Facsimile | 4/12/1963 | See Source »

...collard greens, lecherous, but always frustrated, aggressive, but always a victim (even to his beaten, tumor-plagued wife, who cuts him up bad at the end of a long, long day), Jake is no left-wing stereotype of a good man. He and society match each other in crude nastiness. The Depression and the code of "The Man" (meaning the white man) press down on him like the lid on a garbage...

Author: /time Magazine | Title: Books: Native Sons | 4/5/1963 | See Source »

Wright today should be judged, Baldwin says, by "how accurately or deeply the life of Chicago's South Side had been conveyed." It is hard to judge. Even if half-true, Lawd Today is an appalling document. As an artist, Wright was as crude and humorlessly "sincere" as his Depression-period white twin, James Farrell. The U.S. Negro of Baldwin's generation would not be as credulous as was Wright's Jake Jackson, who was dazzled by a preposterous parade of a mythical black army headed by "The Supreme Undisputed Exalted Commander of the Allied Imperial African...

Author: /time Magazine | Title: Books: Native Sons | 4/5/1963 | See Source »

...frog could catch insects with RCA's crude and ponderous eye, but the Air Force has high hopes of developing it into a practical instrument that can view a scene and make instant, frog-quick decisions. Unblinkingly focused on a radar scope, it might report only those aircraft or missiles that are potentially hostile. In an even more refined version, it could ride in a missile and steer its warhead toward targets that it had been trained to seek...

Author: /time Magazine | Title: Electronics: Man-Made Frog's Eye | 3/29/1963 | See Source »

...anything we get." Only the more mature nations are apt to pay up. Brazil intends to nationalize five refineries that it identifies as being U.S. financed, promises to pay a fair price for all expropriated properties. Mexico, after its costly oil expropriations in the '30s, now shuns such crude methods, instead is enforcing "Mexicanization" laws and decrees that call for the sale to Mexican citizens of majority capital in many foreign-owned industries. The U.S. Congress last year wrote the Hickenlooper Amendment into the Foreign Assistance Act to cut off foreign aid to any country that expropriates U.S. properties...

Author: /time Magazine | Title: Governments: The Grabbers | 3/29/1963 | See Source »

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