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...being squeezed toward full use of facilities, particularly steel, aluminum, machine tools, heavy machinery, autos and paper. The squeeze shows up not only in rising overtime in these industries but in slower delivery of key items and in the activation of plants that were formerly headed for the scrap heap. Aluminum capacity is so tight that Kaiser Aluminum plans to reopen a smelter in Tacoma that it shut down six years ago. U.S. Steel has just reopened a 47-year-old mill in Gary, Ind., to cope with the demand for heavy plate. A fifth of the nation...

Author: /time Magazine | Title: U.S. Business: Some Pinch in the Plants | 9/25/1964 | See Source »

Ironically, AMC's present troubles are rooted in the philosophy of the man who rescued the company from the junk heap in the mid-1950s: George Romney. Romney steered AMC to prosperity by bringing out the compact Gambler and crusading against Detroit's "gas-guzzling dinosaurs." Believing that compacts would corner 50% of the U.S. auto market, he concentrated his company's efforts exclusively in the compact field. Though Romney is now Governor of Michigan, AMC is still selling Romney-selected compacts because of the two-year lead time needed to produce new models. Meanwhile, the auto...

Author: /time Magazine | Title: Autos: American's Troubles | 5/15/1964 | See Source »

Gauguin died of a heart attack in 1903 in his hut on the island of Hiva Oa. A sale of his possessions was held after an "expert" in Papeete had rummaged through the watercolors and drawings, throwing most of them "on the rubbish heap-that is, their proper place." Among the surviving papers was a fragmentary note reading, "I am now down and out, defeated by poverty." It was sold in Paris...

Author: /time Magazine | Title: Books: The Austere Heretic | 5/15/1964 | See Source »

STEPHEN GREENE-Staempfli, 47 East 77th. "There is always something terrible happening in a beautiful world," says Greene. As a figurative painter he showed it by placing live bodies in coffins. Now he abstracts the figure, with a dismembered limb or an amorphous heap of flesh leaves only the sense of the human presence. Recent works, flooded with clear uncluttered color, and drawings. Through...

Author: /time Magazine | Title: Art: Art in New York: may 8, 1964 | 5/8/1964 | See Source »

...Heap their hillocks, to hide if they...

Author: /time Magazine | Title: Books: Melville in the Darbies | 5/1/1964 | See Source »

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