Word: landed
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Dates: during 1950-1959
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Only 35 miles east of Phoenix, Superstition Mountain rises dull red and sheer from the sunbaked Arizona wasteland with its yucca, saguaro, greasewood and ocotillo. In that land Geronimo, Cochise and their Apaches once roamed, and Superstition Mountain gave them hiding. When the moon is right, its beams shine through two notches flanking a spike of rock called Weaver's Needle. Some say the moonlight points to the location of the Lost Dutchman's gold mine, where men have sought wealth for more than a century-and died in the seeking...
...save the Spanish economy (TIME, June 15), 50 small and medium-sized factories in hard-hit Barcelona announced a "suspension of payments," a legal state just this side of actual bankruptcy that defers debt payments and allows a company to lay off help (otherwise forbidden by law). In a land where newspapers print no unpleasant news, word spread that the big (3,000 employees) Euskalduna shipyard and the Basconia steel mill in Bilbao were also about to lay off their work forces, and so was Madrid's leading steel company...
...week's end, as Margaret winged her way back home, a Lisbon editor irately complained that the fair was nothing but ''a party given by the British for the British in a conquered land." The West Germans, who have no monarchy, hope to open a Lisbon fair of their own some time...
Going Through Channels. Once again a royal family council had to be called. Princes warned Feisal that, if he quit, the younger brothers might depose or kill the King, and told King Saud that civil war and bankruptcy might ruin the land if Feisal stepped down. By last week, after hours of debate, the council had patched together a compromise: the King approved Feisal's budget and Feisal assumed responsibility for the King's debts; Editor al Jasir was freed from jail, and the King conceded the importance of going through channels. Thus Saudi Arabia, still very much...
...shuffle with A.G.V.A. sick and relief funds? Member contributions are recorded only by number, not by name, so that only Bright and his staff can decipher who deserves what. In addition, a separate corporation called the A.G.V.A. Foundation, headed by busy Jackie Bright, last year bought 62 acres of land in the Catskills, plus assorted buildings, announced that this was the new retreat for retired A.G.V.A. members. So far no A.G.V.A. member has retired there. Asked one critic: "What kind of a home is it up there in the hills? You need overcoats, underwear and everything else. What are they...