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...pathetic little heroine of A Night of Levitation is a teen-ager who has fallen in love with a boarding-school teacher. Having been sent to an island resort to get over her infatuation, she promptly falls for a crude, shrewd young local fisherman. After a stolen hour of duel-like talk and romance by the sea, he simply lifts the money in her purse and disappears, leaving a note that reads...

Author: /time Magazine | Title: Books: Mixed Fiction, Oct. 7, 1957 | 10/7/1957 | See Source »

...curb on big oil companies. Last week the program's administrator. Navy Captain Matthew V. Carson Jr.. logged a mutinous crew and foul weather ahead. The companies were asked to cut imports 10% below their 1954-to-1956 levels, bring in only 755,700 bbl. of foreign crude a day. But Captain Carson's first statistics showed a daily August total of 982,300 bbl. The companies themselves estimate daily imports from now through December at 849,300 bbl. Though he professed no dismay. Carson warned tautly: "The only alternative to this program is mandatory action...

Author: /time Magazine | Title: OIL: Mutiny for the Bounty | 9/30/1957 | See Source »

Failure Ahead. There were plenty of signs last week that it might. The pressure against the quota came from companies that only recently began bringing in foreign crude. The quotas, based on the 1954-56 import level, squeeze them hard. Although allocated a total of only 262,600 bbl. daily, they imported 354,600 bbl. a day in August, estimate a 337,200-bbl. rate in December. Both Tidewater and Standard of Indiana appealed for quota boosts, held that the formula has actually cut their imports 22% below the levels they had planned to supply recently built U.S. refineries that...

Author: /time Magazine | Title: OIL: Mutiny for the Bounty | 9/30/1957 | See Source »

...reserves are not increasing fast enough. "To disrupt and impair our sources of supply abroad and jeopardize relationships of industry that have been built up with foreign nations over a long period of years can result in a more serious threat to national security than any temporary excess of crude-oil imports...

Author: /time Magazine | Title: OIL: Mutiny for the Bounty | 9/30/1957 | See Source »

...Such crude wisecracking is perhaps not inappropriate in a nightclub act, but in a movie house-even with Frank Sinatra, an old friend of Joe's, serving up the master's material in showmanly style-it quickly produces an unpleasant sensation known to both medicine and show business as "the gag reflex...

Author: /time Magazine | Title: Cinema: The Joker Is Wild | 9/30/1957 | See Source »

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