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ARGENTINE oil lands will soon be opened up to U.S. companies. To solve his nation's chronic fuel problem (60% imported), President Juan Perón is ready to sign a deal for Standard Oil of California to develop a 23,000-sq.-mi. tract in Santa Cruz Territory south of the 48th Parallel; Standard of California will sell its oil on the domestic market first, be able to export any surplus. Similar agreements totaling $200 million will also be signed this month with Shell Oil and Standard Oil (NJ.) to develop another huge tract in the Neuquen area...

Author: /time Magazine | Title: Time Clock, Apr. 11, 1955 | 4/11/1955 | See Source »

Just as sitting-rooms are sometimes decorated to bring out the quality of a central picture or object d'art, Vera Cruz seems to have been filmed to highlight the brilliance of Burt Lancaster's teeth. At any rate, they are good-looking teeth...

Author: By John A. Porz, | Title: Vera Cruz | 2/5/1955 | See Source »

...moon, a band of armed Costa Rican exiles landed before dawn from two planes at Villa Quesada (pop. 3,500), 40 miles from the Nicaraguan border. About the same time several hundred invaders, afoot or in small boats, moved into the cattle land on the Nicaraguan border near La Cruz. It was a daring challenge to the O.A.S., recognized peacekeeper of the Americas. But early this week, O.A.S. was resolutely measuring...

Author: /time Magazine | Title: COSTA RICA: Invasion | 1/24/1955 | See Source »

...Vera Cruz (Hecht-Lancaster; United Artists), billed as "The Battle of the Giants," is apparently an attempt to decide the heavyweight championship of Hollywood. In one corner stands Burt Lancaster, congenital desperado, and in the other Gary Cooper, Southern gentle man dispossessed by the Civil War. The rough stuff gets under way somewhere south of the border, around 1866. Bullets squeal, gun butts crunch, death screams gurgle, bombs go bam! And when a man is all tuckered out, some señorita is like as not to come slinking up with a rose in her teeth and a pigsticker...

Author: /time Magazine | Title: Cinema: The New Pictures, Jan. 10, 1955 | 1/10/1955 | See Source »

With a green crew, Catch's ship downed 26 Japanese planes at Santa Cruz, helped turn back a Japanese task force off Savo Island, contributed importantly to the collapse, due to lack of supplies and reinforcements, of the Japanese drive on Guadalcanal's Henderson Field...

Author: /time Magazine | Title: Milestones, Dec. 27, 1954 | 12/27/1954 | See Source »

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