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Since 1918, when the Soviets repudiated $75 million worth of czarist gold bonds sold to Americans, the Romanov two-headed eagles have theoretically been worthless. Yet hope springs eternal, and several thousand bonds are annually traded on the American Stock Exchange, where they move up and down according to the temperature of U.S.-Soviet relations. The Nazi-Soviet pact in 1939 sent the $1,000 bonds to $1.86, their bottom; the Yalta honeymoon with the U.S. (1945) raised them to a peak $220. They dropped to $20 in the 1950 cold war, rose to $125 on the strength of last...

Author: /time Magazine | Title: Business: A Promise Worth 2 | 3/19/1956 | See Source »

Last week the U.S. Government announced that it would pay out to all czarist creditors the $9.1 million so collected. Bondholders have until March 31 to apply for their share. With U.S. nationals' claims against Russia totaling $425 million, this meant that the bondholders would get about 2? on the dollar...

Author: /time Magazine | Title: Business: A Promise Worth 2 | 3/19/1956 | See Source »

...Wurtzburgers are off again, this time to Russia, to uncover choice works of Pacific Northwest Indian art collected by Russian seal hunters in Czarist days. "These days the last person who asks the Russians for something seems to get it," says Wurtzburger. "Maybe we'll be lucky...

Author: /time Magazine | Title: Art: OCEANIC ART: MASKS OF BEAUTY | 2/27/1956 | See Source »

...commands such loyalty is a lonely man without real friends and apparently without desire for any. He has no small talk, and no interest in anybody else's. He is aloof from most of his colleagues, including veteran Zionists with whom he has marched since, an immigrant from Czarist Poland, he began his career as a plowboy in 1907 in a struggling settlement in Galilee...

Author: /time Magazine | Title: ISRAEL: Prophet with a Gun | 1/16/1956 | See Source »

...next came to bat with Nightmare in Red, on Armstrong Circle Theater, its long-heralded story of "how Communism came to Russia and became a world menace." The early footage from old news films was devoted to the Czarist decay that made Communism possible,and there were fine shots of the Romanovs at play while revolutionaries were being ineffectually routed out of cellars. For the upheavals of the Bolshevik age, Producer Henry Salomon leaned heavily on excerpts from such great Eisenstein films as Potemkin and Ten Days That Shook the World. All in all, the story of tyranny rampant...

Author: /time Magazine | Title: Radio: The Week in Review | 1/9/1956 | See Source »

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