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Having survived a wintry blast from Congress that nearly killed it, the great wheat deal between the U.S. and Russia finally yielded its first cash crop last week. In the biggest one-shot commercial grain transaction ever made by a U.S. firm, Manhattan's Continental Grain Co. agreed to deliver a whopping 1,000,000 metric tons of wheat to Black Sea and Siberian ports by early spring for $78.5 million, including shipping costs. Presumably, to compensate Continental for the difference between the heavily subsidized U.S. price for the wheat ($90 million) and the lower world market price that...

Author: /time Magazine | Title: Foreign Trade: Big Deal | 1/10/1964 | See Source »

...wants to reduce these tariffs so that the Market will have a stronger bargaining position in the upcoming "Kennedy Round" of negotiations with the U.S., through which the Germans hope to be able to increase their industrial exports. The ministers must also thresh out policies covering wheat and other grains, but De Gaulle's ultimatum, it turned out when the fine print was read, applied only to beef, rice and dairy products. Belgium's Spaak introduced a pacifying proposal to put the grain problem off until early next year...

Author: /time Magazine | Title: Common Market: Seeds of Agreement | 12/27/1963 | See Source »

...that swarm with migratory birds in spring and fall. In a colorful 1959 se quence, Frasconi shows the crisp, yel low marshland laced with long black lines of birds that seem to pulsate on the paper. Denuded trees float above the steel-blue water, which itself ripples with the grain of the wood. His Homage to Francisco Sabater, honoring the anti-Franco bandit slain in 1960, shows the same respect for what wood...

Author: /time Magazine | Title: Art: Wizard of the Woodcut | 12/20/1963 | See Source »

...pieces of wood are alike," says Frasconi, who uses a dozen varie ties of pine, some of them knotty, in his work. "Sometimes the wood gives you a break and matches your conception in the way it is grained. But often you must surrender to the grain, find the movement of the scene, the mood of the work, in the way the grain runs...

Author: /time Magazine | Title: Art: Wizard of the Woodcut | 12/20/1963 | See Source »

...sons, Pablo, 11, and Miguel, 7, also do woodcuts. The boys often bring home odd pieces of driftwood from their play, and such scavenging sometimes pays off in inscrutable ironies. A battered board that floated in from the Sound ended up in the Lorca series, conveying by its grain the harsh grandeur of the Spanish earth...

Author: /time Magazine | Title: Art: Wizard of the Woodcut | 12/20/1963 | See Source »

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