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...Icelandic is negotiating for a sizable loan from the Export-Import Bank to buy new equipment, hopes to have two turboprop airliners on its Far North routes by 1959. Since faster, bigger planes will bring higher revenues, Icelandic expects to keep bargain fares for years to come. Says Craig: "They call us cut-rate, and I'm proud...

Author: /time Magazine | Title: Business: Sparrow in the Treetop | 9/2/1957 | See Source »

VOLKSWAGEN BOOM is buzzing along so fast that used cars originally slated for European drivers are being brought into U.S. and sold as import models. Franchised Volkswagen dealers are worried because made-for-Europe models lack safety devices that many states demand, e.g., shatterproof glass, directional signals, sealed-beam headlights...

Author: /time Magazine | Title: Time Clock, Sep. 2, 1957 | 9/2/1957 | See Source »

...vaccine. Reason: there was no stockpile to draw from, and vaccine would continue to be dribbled out to all regions, whether or not polio had broken out, on a "fair-shares-for-all" basis. When a public-spirited businessman offered to buy U.S. vaccine, he was denied permission to import...

Author: /time Magazine | Title: Medicine: Pride Above Polio | 8/26/1957 | See Source »

Some Britons (especially physicians) with U.S. connections are getting "unsolicited gifts" of American vaccine for their children. More U.S. vaccine is being smuggled in, sold on the black market. The Sunday Express asked angrily: "Why did the Ministry refuse to import the Salk vaccine offered by America [4,000,000 cc., offered last winter]? How can they pretend it is unsafe, yet at the same time allow the privileged few to accept presents of the vaccine from American friends...

Author: /time Magazine | Title: Medicine: Pride Above Polio | 8/26/1957 | See Source »

Escapade (Daniel M. Angel; DCA), true to its title, fails to quit when it is ahead. A British import based on Roger MacDougall's long-run London stage hit, the film gets on splendidly as long as it rambles puckishly in the classrooms and dormitories, spying on the rebellious antics of Ferndale School's mischievous boys. But when it suddenly converts its juvenile comics into a pack of stern little pacifists campaigning for world peace, it grows about as hilarious as a U.N. committee session on genocide...

Author: /time Magazine | Title: Cinema: The New Pictures, Aug. 26, 1957 | 8/26/1957 | See Source »

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