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Commuting from Singapore. All companies that enter the search pay heavily for the privilege. They must join a partnership with Pertamina, the government oil monopoly, which is run as an independent fiefdom by Lieut. General Ibnu Sutowo. The initial charge can run to as much as $7,000,000 in so-called signature fees-"just for a hunting license," as one oilman puts it. The companies take all the risks. If oil is found, Pertamina allows a foreign contractor to keep the first 40% to pay exploration and production expenses; the remaining oil is split, with the government monopoly taking...

Author: /time Magazine | Title: Oil: Hunt for Sunken Treasure | 4/20/1970 | See Source »

With a $38,000 salary, a chauffeured limousine and a huge office on F Street -not to mention a fiefdom of almost 10,000 deskmen-the job sounds like a bureaucrat's dream. Recently, though, it seemed as if no one in the country was willing to take the burdensome post mired in controversy. It was fitting that the Nixon Administration finally had to conscript a man to head the Selective Service System...

Author: /time Magazine | Title: The Draft: Conscripting a Chief | 3/23/1970 | See Source »

...public image of the sociologist -if there is a public image-is that of a fusty pedant who writes books that nobody understands. He is esoteric, obfuscatory, exclusive and elusive. The stereotype is not too far from reality. There are such men, and they preside jealously over an academic fiefdom whose efforts to be recognized as a science are barely a century...

Author: /time Magazine | Title: Behavior: The New Sociology | 1/5/1970 | See Source »

...about what he regards as his royal duties, whether they give him pleasure or not. Heirs apparent of the past rarely set foot in Wales, let alone bothered to learn more than enough Welsh to struggle through an investiture. The latest Prince already has considerable acquaintance with his titular fiefdom. He has spent the past two months in Wales. It was the Prince's own idea to attempt to quiet the Welsh protests against his investiture and at the same time satisfy his own well-honed sense of duty. Taking along only his cello, a record player and a metal...

Author: /time Magazine | Title: World: BRITAIN'S PRINCE CHARLES: THE APPRENTICE KING | 6/27/1969 | See Source »

Divorced. Russell B. Long, 50, U.S. Senator since 1948 and heir to the Louisiana political fiefdom of his father, Huey ("Kingfish") Long; by Katherine Mae Long, 49; on grounds of incompatibility; after almost 30 years of marriage, two children; in Reno...

Author: /time Magazine | Title: Milestones: Jun. 13, 1969 | 6/13/1969 | See Source »

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