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...Bridgeport, Wash. A $6,238,373 bid by Britain's English Electric Co. Ltd. undercut closest American competition by $931,788, or 13%. But the Buy American Act of 1933 requires federal purchase of U.S.-made goods unless the U.S. price is more than 25% higher than an import...

Author: /time Magazine | Title: National Affairs: Low Bid, No Bid | 4/27/1953 | See Source »

...from the President. Though tin has been nationalized, the tin companies have not been compensated. Until U.S. shareholders are satisfactorily reimbursed, the U.S. is unwilling to sign a long-term contract for tin. The Bolivian economy, lopsidedly dependent on tin income, is near collapse. Unable to get permits to import raw materials, the textile industry has sharply curtailed production. Foodstuffs, normally imported, including wheat, meat, rice and sugar, are in critically short supply. Teachers are pressing for cost-of-living pay increases. The government has had to print more currency; since the revolution, the boliviano has dropped from...

Author: /time Magazine | Title: BOLIVIA: The High Cost of Revolution | 4/20/1953 | See Source »

...Dublin's shy, serious Composer Gerard Victory, 31, Ireland's harp has been silent too long. Ireland has a single professional symphony, a host of amateur choral societies which stick pretty closely to Handel's Messiah and Haydn's Creation, two opera societies which import stars for about seven weeks a year of old-fashioned grand opera, a green countryside full of amateur balladeers, and that is about all. Composer Victory decided to do something about it, last week unveiled in Dublin the world's first opera in Gaelic...

Author: /time Magazine | Title: Music: Dublin's Dumb Wife | 4/20/1953 | See Source »

...half of the Japanese exports, are in the doldrums. The textile industry was one of the first to be revived after the war, and by 1951, Japan was the world's largest exporter of cotton goods. But the worldwide textile recession diminished Japan's markets. There were import cuts by Australia, South Africa, Singapore and Britain. Many Asiatic countries, such as Pakistan, which once bought from Japan, have built up industries of their...

Author: /time Magazine | Title: BUSINESS ABROAD: Jolt for Japan | 4/20/1953 | See Source »

...first time that the Soviet people had heard from their rulers' lips that torture has been used as a method of police interrogation. Whatever dire necessity, of intrigue or revenge, had moved the Malenkov government to risk such admissions must plainly be of vast and vital import...

Author: /time Magazine | Title: International: Doctors' Dilemma | 4/13/1953 | See Source »

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