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...receiving from--the intellectual and social and spiritual life of the place. I have also read with only a little amusement a journal entry written by a girl in my nineteenth century novel course in which she compared herself and her undergraduate friends with the prisoners in the Fleet Street Jail in Pickwick Papers, sitting on the stairs "the greater part because they were restless and uncomfortable and not possessed of exactly knowing what to do with themselves...

Author: By Robert J. Kiely, | Title: For The Present | 2/13/1973 | See Source »

...certainly cannot join the armed forces. Italy presently has 541 generals to command an army of 267,570 men. (The U.S., by contrast, has 508 generals for an army more than three times as large.) As for the Italian navy, it has 1.23 admirals for every vessel in the fleet...

Author: /time Magazine | Title: ITALY: A Plethora of Presidents | 1/29/1973 | See Source »

...cited in a lawsuit filed in the U.S. that Occidental had won its concessions partly by f unneling money to officials of deposed King Idris, one a former minister who is now in jail. In 1971 Occidental lost $88 million on a mistimed tanker charter venture: it chartered a fleet of tankers when rates were rising sharply, then found that it did not need so many and was stuck with high-priced ships as rates collapsed. The company has since renegotiated many of the charter contracts. Angry shipowners charge that the company got them to agree to lower rates...

Author: /time Magazine | Title: CORPORATIONS: Trying to Hammer a Deal | 1/29/1973 | See Source »

...buying jets, leasing them to the airline and depreciating them against profits, Hughes Tool could shelter much of its earnings from taxes. TWA lawyers say that the tool company avoided full taxation on $20 million in this manner. By the time TWA was in the air with a sizable fleet of jets in 1959, competing airlines were months ahead. In the suit, TWA lawyers asked for damages to make up for profits the line claimed it lost because of the delay. But the Supreme Court ruled that all of TWA's aircraft deals with Hughes Tool had been approved...

Author: /time Magazine | Title: AVIATION: Victory for Hughes | 1/22/1973 | See Source »

...open fare" situation. Although Pan Am officials remain worried that too much bulk flying may cut into their scheduled-service sales, air officials in Washington are convinced that U.S. carriers stand to profit from the new era. As owner of the world's biggest (30) fleet of 747s, they reason, Pan Am has every chance of profiting the most because it has the most seats to offer to group travelers...

Author: /time Magazine | Title: AIRLINES: Transit from Terrible | 1/15/1973 | See Source »

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