Word: electra
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...18th and 19th century artists, ranging from John Singleton Copley's John Scollay and Winslow Homer's Milking Time to an anonymous primitive of General George Washington without his teeth. There is no chronological arrangement of the paintings. "The whole thing was done by feeling," explains Electra Havemeyer Webb, the museum's president and founder. "Paintings can harmonize, or they can clash and look perfectly horrible. We just keep trying until we get the right effect...
...Webb has always been a compulsive collector. "It's like being an alcoholic," she says. Her interest in collecting comes naturally: she is the daughter of the Henry O. Havemeyers, whose multimillion-dollar collection of old masters was left to the Metropolitan Museum. Her parents were baffled when Electra got interested in Americana, and at 18 collected her first item: a $25 cigar-store Indian. As her daughter's stockpile of Early American dolls, quilts, pewter, decoys and trade signs grew, Mrs. Havemeyer asked in exasperation: "How can anyone who has been brought up with Rembrandts and Manets...
Ever since Lockheed Aircraft Corp. announced the cause of two crashes by its turboprop Electras (TIME, May 23), the big question has been: Who will pay to have the planes fixed? This week Lockheed was ready to sign contracts with Electra-equipped U.S. airlines obligating Lockheed to pay all direct modification costs, which it estimates will total $25 million. The lines, arguing successfully that they have already paid a high price in lost revenues and increased operating costs, will pay only minor expenses, such as flying the planes to Lockheed's Burbank, Calif, headquarters and test flights...
...Electra's troubles have already been a heavy blow to Lockheed. When the planes were first delivered, airlines complained about vibration, and Lockheed spent some $7,000,000 changing the slant of the planes' engines to correct it. Since the new troubles, Lockheed's stock has been sliding steadily, last week closed at 20½ v. its 1960 high of 32⅞. Worry among stockholders has grown so great that last month Bob Gross took pains to point out that Electra sales in 1960 will account for only about 15% of total sales of more than...
...Buick Electra Playhouse (CBS, 9:30-11 p.m.). The series dramatizing the works of Ernest Hemingway continues with The Gambler, the Nun and the Radio. The 1933 story of a wounded man in a Montana hospital, in which Hemingway makes one of his rare philosophical observations: "Bread is the opium of the people." With Richard Conte, Eleanor Parker...