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...when Editor H. L. Mencken wearily stepped out in 1933. It had long since lost all the sudsy sarcasm it had under Mencken, was now an excitable cross between Reader's Digest and an exposé sheet. The Spivak formula: find a man with a promising cause, and exploit them both. Sample "discoveries...

Author: /time Magazine | Title: The Press: Tex & Jinx | 3/11/1946 | See Source »

Earl Browder made no reply. But at week's end came news that he had applied to the State Department for a passport to Russia. No one knew for sure whether his purpose was to ask the Soviet Union for reinstatement as a Communist or to exploit it as a capitalist...

Author: /time Magazine | Title: National Affairs: Do svidaniya, Comrade | 2/18/1946 | See Source »

...July, Businessman Pawley has been busy trying to be constructive. He helped arrange for settlement of Government debts so that much-needed U.S. Export-Import Bank credits might be obtained. He induced U.S. oil companies to spend money developing Peruvian oil reserves, and aided the Santa Valley project to exploit zinc and nearby Cañón del Pato water power to create a new electrolytic zinc industry. With the formation of a sturdy new Cabinet last week, prospects for Pawley's efforts looked the brightest since he arrived...

Author: /time Magazine | Title: PERU: Apra Enters | 2/4/1946 | See Source »

...Thirty-five years ago, Russian Foreign Minister Sergei Sazonov made a formula of it: "The English, engaged in the pursuit of political aims of vital importance in Europe, may, in case of necessity, be prepared to sacrifice certain interests in Asia. . . . This is circumstance which we can, of course, exploit for ourselves, as, for instance, in Persian affair...

Author: /time Magazine | Title: IRAN: The Rhythm Recurs | 12/17/1945 | See Source »

Biggest thirst of all was Russia's. Until World War II her production (some 240 million barrels a year) and her reserves (some six billion barrels) had been enough to cover her prodigious economy. (Twenty years ago she had not even bothered to exploit a Russian-controlled oil concession in northern Iran.) The war had taught her a burning lesson: when she came closest to losing her oil, she came closest to losing the war. Now the Red Army was grabbing oil in Poland, Rumania, Hungary, Austria-wherever and whenever it could. At home, Russia was stepping...

Author: /time Magazine | Title: IRAN: The Rhythm Recurs | 12/17/1945 | See Source »

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