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To remedy this, Moore tried to buy copies of Greyhound's popular big Scenicruiser. But General Motors, which manufactures the Scenicruiser, turned him away. The Scenicruiser dies, explained G.M., belonged to Greyhound, and would be all tied up on Greyhound production for years to come. Undaunted, Moore ordered his...

Author: /time Magazine | Title: Corporations: The Luxury Trail | 4/13/1962 | See Source »

The English invented railways, and have never quite recovered from the pride and guilt of their creation. Nowhere else on earth does rundown rolling stock excite such tantrums or such tenderness. Britons venerate the shabby Victorian discomfort of antiquated first-class carriages; they despair if the diesel hauling them pants...

Author: /time Magazine | Title: Great Britain: Dr. Beeching's Bitter Pill | 4/6/1962 | See Source »

LADAKH (pop. 80,000), Kashmir's northeast bulge, is the sorest of all. A high, arid plateau with a jungle of peaks rising out of it, Ladakh is claimed by both India and Pakistan in their acrid dispute over the control of Kashmir. Indian defence forces must thus be...

Author: /time Magazine | Title: World: THE HIMALAYAS | 4/6/1962 | See Source »

Morgan for $492 million. At the close of that huge deal, which formed the core of the new U.S. Steel Corporation, the beaming banker extended his hand and uttered the ultimate praise of the day: "Mr. Carnegie, I want to congratulate you on being the richest man in the world...

Author: /time Magazine | Title: Education: 50 Years of Smart Giving | 4/6/1962 | See Source »

The Papabile. Recently, one of the older cardinals (average age, 70) was asked by a newsman how the Princes of the Church spent their time. "They work all day long," he answered, "but don't write that. Nobody would believe it."Actually, despite Roman cynicism which insists that dilata...

Author: /time Magazine | Title: Religion: The Princes of the Church | 3/30/1962 | See Source »

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