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...Sacred Idol. Was business the villain? Despite manufacturers' pleas of higher production costs, of less-than-full production, many companies showed lush profits for 1946 and the first quarter of 1947 (although many were operating on dangerously thin profit margins). Business had answered the President's plea for voluntary price reductions with piddling action to date. The C.I.O.'s Phil Murray accused industrialists of "actual racketeering" and "organized robbery...

Author: /time Magazine | Title: THE NATION: Those High Prices | 4/21/1947 | See Source »

...blame? Harry Truman jumped into the argument. His hands were not spotless. He had encouraged Labor to clamor for higher wages after V-J day. At the same time, he tried to keep prices hammer-locked. The paradox stalled production. Like most politicians, he had bowed before the sacred idol of support for farm prices, which would keep a floor under food costs until...

Author: /time Magazine | Title: THE NATION: Those High Prices | 4/21/1947 | See Source »

Hanan does not need to tailor his U.S. strips to U.S. taste. His idol is the New Yorker's James Thurber, and Louie bears a spiritual resemblance to Thurber's ineffectual heroes. Above all Hanan hates Superman; he considers Louie a sort of anti-Superman...

Author: /time Magazine | Title: The Press: Little Guy | 4/21/1947 | See Source »

...piano. The rest of the music is rather routine, though probably Hit Parade-ish, and the usual sprinkling of classical warhorses, such as the Bell Song from "Lakme" is tossed in, too. But no doubt the bobbysoxers will be wild about this one. Not only is their quondam idol, Frankie Sinatra, displayed prominently, but a newer dreamboy, a fellow named Peter Lawford with a British accent and massive triangular eyebrows, also cavorts about...

Author: NO WRITER ATTRIBUTED | Title: The Moviegoer | 4/14/1947 | See Source »

Discovered living in the French village of Matour was another old favorite: Spanish Dancer Caroline Otero, once the idol of a dozen capitals and a good many capitalists. Oftenest-told tale of "La Belle Otero" is that Belgium's Leopold II once put her up as stakes in a gambling game with England's Edward VII, lost, and paid. Now in her 70s, still tall and stately, Caroline lives quietly in a small house on an allowance from an old admirer. "I spent the weekend regularly with Edward VII," she reminisced happily last week. "The Kaiser Wilhelm...

Author: /time Magazine | Title: People: Blossom by Blossom | 3/31/1947 | See Source »

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