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Socialist Humanitarianism. The summing up was the predictable set propaganda piece-one that the London Times dismissed as "crude stuff" and a "charac teristic mistake by the Russians." To Prosecutor Rudenko, the trial "unmasked completely the criminal aggressive actions of the U.S. ruling quarters" and the "savage, man-hating ethics of Allen Dulles & Co., placing the dollar, this yellow devil, higher than human life." By way of defense, Powers' court-appointed attorney. Mikhail Grinev, who makes a good living losing cases he is expected to. tried to outdo the prosecution in attacking the U.S. Powers, he said, "should...

Author: /time Magazine | Title: RUSSIA: The Boy from Virginia | 8/29/1960 | See Source »

...offensive to drive Western oil companies out of their traditional overseas markets, came just as the battle forced Western firms to cut their prices to meet Russian competition. Items: ¶Four major Middle East oil producers -British Petroleum, Shell, Mobil, and the Compagnie Franchise des Petroles-cut their posted crude-oil prices, following the lead of Esso Export Corp. ¶Under pressure from price cuts in India (TIME, Aug. 22), British and U.S. companies reduced bulk prices on petroleum products in Pakistan by an average 7%. ¶Ceylon's Prime Minister Mrs. Sirimavo Bandaranaike, not to be left...

Author: /time Magazine | Title: OIL: Flow from the East | 8/29/1960 | See Source »

...movie nonsense miles ahead of TV nonsense. When the Pharaohs of the small screen plan another shoot-'em-up, they give the tough-guy hero a routine tough-word last name, such as Gunn or Staccato. Hollywood's mentalists, on the other hand, resorted to nothing so crude in naming the hard case played by Frank Sinatra. They called him Danny Ocean. This not only permits a title too baffling to leave the mind easily; it offers a straight line for any number of jokes (Sinatra an ocean? He ain't even a Scotch and water...

Author: /time Magazine | Title: Cinema: The New Pictures, Aug. 22, 1960 | 8/22/1960 | See Source »

...society utterly contemptuous of formal law. One area of Sicily recently tallied up 520 murders, two-thirds still unsolved. Many were blamed on the Mafia, "the honorable society" that originally functioned as a kind of resistance movement to government by foreigners. Though the Mafia runs a kind of crude kangaroo legal system-which is often preferred by the peasants to the caprices of a distrusted judge-much of Sicily's violence is as simple and stark as passion and avarice. For dispensing its brand of justice, the Mafia is handsomely paid. In Licata, probably Italy's most debt...

Author: /time Magazine | Title: SICILY: In Darkest Southern Europe | 8/15/1960 | See Source »

...increased Cuba's foreign exchange reserves from $50 million to $196 million, largely by the simple device of refusing to pay his U.S. bills. The Soviets are keeping Cuba supplied with oil at prices running $14 million a year less than the price of the Venezuelan crude it replaces, though the high cost of transport must in the end be paid by Cuba. Economic sanctions, so long as Castro's popularity lasts with his people, may even increase their fervor for a time...

Author: /time Magazine | Title: CUBA: Castro's Brain | 8/8/1960 | See Source »

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