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Died. Sherman Mills Fairchild, 74, inventor and industrialist; in Manhattan. A college dropout (Harvard, University of Arizona, Columbia), Fairchild turned a knack for tinkering into an aviation and photographic empire. While at Harvard he invented a primitive flash camera; by 1918 he had developed one of the first between-the-lens shutters for aerial cameras. The need for an aircraft to use his cameras for aerial mapping led him into plane building, and in 1926 the fledgling Fairchild Aviation Corp. introduced the first enclosed-cabin monoplane. During World War II, Fairchild turned out thousands of PT-19 trainers and developed...

Author: /time Magazine | Title: Milestones, Apr. 12, 1971 | 4/12/1971 | See Source »

...Behind him, a window discloses silver water, trees, a farm, an arched bridge. The little panel (it measures 181 in. by 141 in.) had disappeared in the Middle Ages and reappeared late in the 19th century in the collection of the first Lord Newlands of Mauldslie Castle, a Scottish industrialist with a taste for painting. It was vaguely attributed to the 15th century Flemish painter Quentin Massys. But nobody paid much attention, least of all the owner's heir Violet, Lady Baird, who kept it in her cottage at Bray mainly because it reminded her of a dear friend...

Author: /time Magazine | Title: Art: Out of a Cottage | 4/5/1971 | See Source »

There is no Greek industrialist class, there is no Greek capital, that's an unreal thing. In Italy there is, there's such a thing as an Italian capitalist class. The Greek capitalist class is parasitic, it's dependent upon capital, and this is very fundamental. Now, when you talk about the middle class, the shopkeeper, of course it's always conservative, it is everywhere, and that's not different in Greece, and the conservative element, this is the only element from which, I suppose, some support could have been had for this regime. But, as a matter of fact...

Author: NO WRITER ATTRIBUTED | Title: Papandreou: Fighting the Junta | 3/29/1971 | See Source »

Antonio Coco, a wealthy Spanish industrialist, is in a car accident that leaves him paralvzed and amnesiac. While he sits immobile in a wheelchair, prey to guilt-ridden hallucinations, his estate and manufacturing company fall into hopeless disarray. Decisions are left unmade, allowances stop, family discipline falls apart and, worse, a Swiss bank account number is lost. The process of the film becomes an attempt on the part of his family, mistress, and attendants, to shock Antonio back into health by acting out various psychological traumas of his past (a punishment in which he is locked in his room with...

Author: By H. MICHAEL Levenson, | Title: Film The Garden of Delights at the Harvard Square Theatre | 3/25/1971 | See Source »

...each specializing in a particular component. Thus engines might be built in one country, transmissions in another and body parts in others. Outside of Japan, today's Asian auto industry is small and largely uneconomical. Nearly every country has its own assembly plants. Ford is the first American industrialist to offer a product designed especially for developing countries, to be produced on the basis of regional cooperation and duty-free import of components. His project would allow each country to reap the benefits of the economies of scale and specialization by sharing in a large market instead of having...

Author: /time Magazine | Title: AUTOS: A Model T for Asia? | 3/8/1971 | See Source »

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