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...Shubert, whose theatrical real-estate empire controls half of Manhattan's playhouses, was trying to keep ahead of the game. In 1948-49, he knew, radio and television had taken over five legitimate theaters. To keep his houses from gathering cobwebs, "Mister Lee" planned to import at least four plays from London and possibly produce some himself...

Author: /time Magazine | Title: The Theater: New Season in Manhattan? | 9/12/1949 | See Source »

Ford went right to work. His Middle East man, Walter McKee, after talks with Israeli purchasing agents, sounded out the possibilities of an assembly plant near Haifa. The plant would import U.S. foremen and technicians to train unskilled Israeli labor in U.S. production techniques, wherever possible use Israel-made goods for parts...

Author: /time Magazine | Title: FOREIGN TRADE: Israel on Wheels | 8/8/1949 | See Source »

...Israelis signed their first big deal, a $4,000,000 contract for 1,800 U.S.-made trucks and buses, which Ford will start shipping this fall. The terms: Israel will put up 40%, or $1,600,000 in cash (from a $100 million credit already advanced by the Export-Import Bank), and Ford will give Israel a three-year credit for the 60% balance...

Author: /time Magazine | Title: FOREIGN TRADE: Israel on Wheels | 8/8/1949 | See Source »

Cripps had no such intention. His remedy for the crisis was still the same: more austerity and more import cuts. This week he will meet with Dominion Finance Ministers who have been invited to London to discuss ways & means of conserving the sterling area's dollars...

Author: /time Magazine | Title: ECONOMICS: 1952? | 7/11/1949 | See Source »

Surprise Witness. Murphy politely refused the bait-he wanted to impress the jury, through sheer boredom if necessary, of the size and the import of the material which Chambers said he had received from Hiss, the onetime State Department bright young man, for transmission to Soviet Russia. He kept at his slow task for two days, while Stryker paced the corridor outside, clutching a chewed cigar and frowning with impatience...

Author: /time Magazine | Title: COMMUNISTS: The Government Rests | 6/27/1949 | See Source »

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