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Dates: during 1950-1959
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Under an escape clause in the 1951 Reciprocal Trade Agreements Extension Act, U.S. industries that feel themselves injured or threatened by increased foreign imports may appeal for relief through higher tariffs. With a single exception (alsike-clover seed from Canada), President Eisenhower has consistently rejected such appeals in favor of the nation's overriding interest in freer trade...

Author: /time Magazine | Title: WORLD TRADE: Action on Watches | 8/9/1954 | See Source »

...greatest joy exists in our love of God, and . . . every love, of necessity, results from the acknowledgment of God" had also helped give philosophy a turn that is still felt in many fields. He believed that the churches must be subject to the state, led the way to the "higher criticism" of the Bible and even developed a theory of emergent evolution. He also supplied a collection of phrases that have worn down to cliches: e.g., "Man is a social animal," "Nature abhors a vacuum...

Author: /time Magazine | Title: Religion: Anathema | 8/9/1954 | See Source »

...press operators, welders and electronics technicians found that it was no trick to fix a leaky faucet or paper a room, especially as it was hard to hire anyone to do it. Doing it herself was also less expensive, since the wages of carpenters and plumbers had jumped far higher than those of many other workers. Says one do-it-yourselfer: "A $1.25-an-hour bookkeeper is not going to pay a $3.50-an-hour carpenter very long...

Author: /time Magazine | Title: MODERN LIVING: The Shoulder Trade | 8/2/1954 | See Source »

...Pacific Mills and Goodall-Sanford, Inc. (TIME, July 26) will be investigated by the New York Stock Exchange on complaints from stockholders that they should have been notified individually of Burlington's plans. But chances are good that nothing will come of the probe, since both stocks are higher now than they were when the offers were made. Burlington will sell Goodall-Sanford's Palm Beach suit subsidiary, will probably eventually shift the work in Goodall's biggest mill, at Sanford, Me., to the South...

Author: /time Magazine | Title: Time Clock, Aug. 2, 1954 | 8/2/1954 | See Source »

What is reality? The question has furrowed the higher brows from Sophocles and Heraclitus to Pirandello and John Dewey. To Joaquim Maria Machado de Assis, who produced the best in 19th century Brazilian literature, the "problem of reality" was not just a metaphysical "What is it?" The problem was a practical "Can you take it?" In Philosopher or Dog?, the third of his novels to be published in English, Author Machado tells what happens to a man who can't take...

Author: /time Magazine | Title: Books: Tatters of Reality | 7/26/1954 | See Source »

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