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Avance and Diario had committed the error of strong but well-reasoned arguments against a new Castro decree boosting import duties to 100% in some cases; the effect, noted the papers, may well be to reduce Cuba to the levels of undeveloped Asian and African nations...

Author: /time Magazine | Title: CUBA: Voice of Opposition | 10/12/1959 | See Source »

...Kenneth H. Redmond, 64, retiring after 42 years with the company. Sunderland, who admits he "knows nothing about bananas," is an expert in the antitrust problems that plague United Fruit; under a 1958 antitrust decree, United Fruit must sell off some of its properties, give up 35% of its import business. A Michigan-born lawyer, Sunderland saw World War II service in the Army Air Forces, became a Standard director and vice president in 1949. At United Fruit, he hopes to revive wilting profits ($1.15 per share in the first six months of 1959 v. $1.94 last year) and restore...

Author: /time Magazine | Title: PERSONNEL: Changes of the Week, Oct. 5, 1959 | 10/5/1959 | See Source »

...spotlight, because Venezuela's oil boom has spurred attention-getting public works, Mendoza has been on the rise since he quit high school at 17 ("I was too much in a hurry") to go to work as an office boy. At 28, he owned a thriving construction import business, and his interests were gushing out like Venezuela's oil. He expanded into a 3,000-acre dairy farm, three cement plants (which produce half the national supply), pulp and paper products, insurance, a paint factory, a giant finance company. As he prospered. Mendoza took care...

Author: /time Magazine | Title: VENEZUELA: Pillsbury's Best in Maracaibo | 9/28/1959 | See Source »

...IMPORT CURBS against Japanese transistors and semiconductors are being pushed by U.S. electronics companies on grounds that imports are a threat to U.S. security. Japanese transistor imports last year reached...

Author: /time Magazine | Title: Time Clock, Sep. 28, 1959 | 9/28/1959 | See Source »

...IMPORT BANS against foreign-made men's and boys' clothing are being instituted by Amalgamated Clothing Workers of America. Union invoked contract clause that prohibits makers from handling apparel not made within union jurisdiction, will force three large New York-based chains-Ripley, Howard, Crawford (totaling 177 stores)-to halt imports of West German woolen loden coats...

Author: /time Magazine | Title: Time Clock, Sep. 21, 1959 | 9/21/1959 | See Source »

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