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...antagonist. Says an admiring British Commonwealth diplomat: "He is a joy to behold in action. I have never seen any man who could sit at a conference table and smile and nod and rub his hands-and, when the occasion demands, be so coldly vicious." Thus, in Lebanon last fortnight, when Nasserite Rebel Leader Saeb Salam threatened to pitch U.S. marines into the sea, Murphy's eyes turned hard, and he began cracking his knuckles like a machine gun. Said he: "You know, Mr. Salam, we have the power to destroy your positions in a matter of seconds." Then...

Author: /time Magazine | Title: FOREIGN RELATIONS: Five-Star Diplomat | 8/25/1958 | See Source »

...small kindness from anyone seems to be a large emotional shock, and Paar still weeps often. When he went through the motions of an on-screen reconciliation with Dody Goodman fortnight ago, he broke into tears. When he was told that a Lindy comic had liked his show, he was "Leaky Jack" once more, his eyes misting as his own hostility melted...

Author: /time Magazine | Title: Show Business: Late-Night Affair | 8/18/1958 | See Source »

...rises might be held down by the large inventories still on hand. Recent price rises in steel and other raw materials, said the report, were encouraged by the Mideast crisis, and might prove to be transitory. In one case they had already proved so; custom smelters of copper, who fortnight ago raised their prices ½? to 27? a lb., last week cut their prices back to 26½?. But steel showed no sign of retreat, as steel price hikes spread to 65% of the industry's output. Though Tennessee's Senator Estes Kefauver started a probe...

Author: /time Magazine | Title: STATE OF BUSINESS: Upturn with Problems | 8/18/1958 | See Source »

...Administration held out firmly against every such proposal, convinced that while recession was the immediate problem, the long-range problem was inflation. Now almost everybody else has come around to this view. Fortnight ago, the House killed a $2 billion public-works program that had once been a major Democratic antirecession measure...

Author: /time Magazine | Title: THE NEW INFLATION: Has the U.S. Learned Its Lesson? | 8/18/1958 | See Source »

...management contract to run Studebaker, plus an option to buy 5,000,000 shares of stock at $5 a share (which runs out this November), plus the chance of merging Studebaker into Curtiss-Wright if it could cut Studebaker's huge losses. But Curtiss-Wright had no success. Fortnight ago Studebaker reported that its losses in the first six months of this year soared to $13,314,165, almost double the losses in the same period last year...

Author: /time Magazine | Title: MANAGEMENT: Marriage Broker Sonnabend | 8/18/1958 | See Source »

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