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...opposed the lending of public funds to Trans-Canada, a firm originally set up by Texas Oilman Clint Murchison and still 83% owned by U.S. gas and oil interests. Some of the opponents of the loan held out for a public-owned pipeline; others demanded that the money be lent to a Canadian company. The government stuck to its argument that Trans-Canada was the only builder with the equipment and know-how to begin the pipeline this year. Four times during the angry debate, the Liberals invoked the detested, rarely used closure rule to ram the measure through...

Author: /time Magazine | Title: CANADA: Pipeline Gamble | 6/18/1956 | See Source »

From the wail of motorcycle sirens to the popping of champagne corks, 1931's Symphony Hall safari last night was one long succession of musical mis-chief. Two classmates and 92 members of the Boston Pops lent professional dignity to the merrymaking...

Author: NO WRITER ATTRIBUTED | Title: Class of '31 Invades Symphony Hall To Noise of Balloons, Corks, Pops | 6/12/1956 | See Source »

...King & I. Unfortunately, the same lack of inhibition that lent the gusto of irresponsibility to a natural raconteur has made nonsense of the notion that Miller is a philosopher and a sage. Not to all, however. There are those to whom state ments such as "In America, the artist is ever an outcast, a pariah" do not read like something misprinted on a card given out in a gypsy tearoom. Indeed, there are those-and Alfred Perles. is determined not to be the least-to whom such words, from Miller's larynx, "make one think of cathedral bells...

Author: /time Magazine | Title: Books: Two Pal Joeys | 6/11/1956 | See Source »

Since those early days, Richardson and Mexico have become close friends. Each has done well out of the friendship: in 1932 the bank lent the Mexican government $10 million and in 1936 Richardson married a Mexican girl, now has two children. He owns a handsome home in the fashionable suburb of Coyoacan, has filled it with a collection of art treasures and a cluster of warm friends. When he an nounced, to no one's surprise, that he would remain in Mexico as an investment counselor, his feelings for his adopted country broke through his customary reserve. "The country...

Author: /time Magazine | Title: MEXICO: Hanging up the Homburg | 6/4/1956 | See Source »

...gave millions to bring culture and civic beauty to Akron, Harvey Jr. believes that U.S. business must spend abroad for civic improvements, in addition to the cost of doing business. Firestone has spent millions in Liberia for roads, schools, hospitals, medical-research centers and power plants, once even lent the country $2,500,000 to help get its finances squared away. Says he: "It is only logical for a corporation to realize that the privilege of doing business carries with it an equal responsibility for the overall good of the community...

Author: /time Magazine | Title: CORPORATIONS: Wheels for the World | 5/28/1956 | See Source »

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