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...Brown & Root. For Halliburton, the purchase is primarily a way of hedging its bets. Said Halliburton Vice President John Harbin: "The oil industry in general is troubled with excess production and capacity, and we see no immediate hope of things improving. We're trying to develop a cushion, and all we would like is for Brown & Root to keep going as well...

Author: /time Magazine | Title: Industry: Buying Out a Giant | 12/21/1962 | See Source »

...immediately raise most food and farm prices to the higher Common Market level if it is admitted in 1964, rather than postpone the increase until 1970. The British maintain that they need the transition time, both to raise the housewife's grocery bill by easy stages and to cushion the effect of high European tariffs on Commonwealth economies. European diplomats reply that Britain would do better to join the Community as fast as possible and then help influence its evolution from within...

Author: /time Magazine | Title: World: Make or Break | 12/14/1962 | See Source »

...Blase. To the imperious New York Yankees the only difference between their two potential series opponents was the 25,000-seat cushion of the Dodgers' Chavez Ravine over the Giants' Candlestick Park. Celebrating their own pennant, the 27th in 41 years, the Yanks were the image of champagne-sipping nonchalance. "Why should I be excited," sniffed Roger Maris, taking the series in his usual stride. "It's something we expected all along." But the Yankees do not have quite that much to be blasé about. If Maris was last year's home-run terror...

Author: /time Magazine | Title: Sport: Year of the Stealer | 10/5/1962 | See Source »

Much of the impetus for liberalization comes from the Cabinet's younger ministers who are anxious to adjust the nation's anachronistic policies to those of the rest of Western Europe in order to cushion the shock when-and if-Spain wins associate membership in the Common Market...

Author: /time Magazine | Title: Spain: Bombs Again | 8/31/1962 | See Source »

...been subjected to the incantatory power of the Robbe-Grillet technique in the off-screen commentary he wrote for the narrator in Last Year at Marienbad (for some it had a soporific monotony). Objects are important to Robbe-Grillet in themselves, but also in relation to people. "A sofa cushion," he has explained, "may not be very exciting. But if you have a man and a woman in love at either end of the sofa, the cushion between them can take on all sorts of interest...

Author: /time Magazine | Title: Books: The Neo-Realists | 7/20/1962 | See Source »

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