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After little more than a year as Navy Secretary, Anderson stepped up to the Defense Department's No. 2 post. Deputy Defense Secretary. In mid-1955 he left the Administration to take over as president of Ventures, Ltd., a Canadian holding company with worldwide mining interests. When Treasury Secretary George Humphrey decided to go back to the steel business, he persuaded Anderson to return to Washington to succeed him. In mid-July 1957, outgoing Secretary Humphrey took incoming Secretary Anderson to the Bureau of Engraving and Printing to see the first dollar bills coming off the presses with Anderson...
...nearest city of any size is Perth (pop. 376,000), some 1,450 miles to the south; mosquitoes and crocodiles infest the mangrove swamps; 12-ft. sharks cruise the lonely bays. In that unfriendly land, at remote Kuri Bay, a syndicate of Australians, Americans and Japanese called Pearls Proprietary Ltd. is turning out a product that has the world's jewelers agog. The product: fabulous pearls as big across as a 25-cent piece, of gem quality so fine that a Manhattan jeweler recently sold a choker of Kuri Bay pearls...
...into profits was Keith Bureau, an Australian businessman and partner in the big Melbourne importing firm of Brown & Bureau. Three years ago he formed a syndicate with a U.S. businessman, an Australian pearler, and asked Japanese Culture Pearl Expert Tokuichi Kuribayashi, president of Tokyo's Nippo Pearl Co. Ltd., to join them in growing pearls in the northwest...
...annually. Today, Britain has more than 5,000 self-service stores, with a total annual gross of nearly $1 billion, and at least 90 new stores join the ranks each month. This week, Britain's fastest growing chain, Cookie (Allied Bakeries) Magnate Garfield Weston's Fine Fare Ltd., will open three big supermarkets in a single day, plans to double his chain of 39 stores within the next year. Weston, who controls Loblaw's Groceterias (228 stores) in Canada, and National Tea Co. (917 stores) in the U.S., is also training his super sights on Germany, where...
...plan advanced by Conlon Associates Ltd. of California for two-step U.S. recognition of Communist China and the "Republic of Taiwan" does not present devastatingly new policy or argument. What is unusual is that the Senate Foreign Relations Committee should raise the issue of recognition without jeopardizing the political future of any "recognition" advocates. Senator Fulbright, who seemed to be praising with faint damns, called the private agency's report "thought-provoking," adding, "I do not believe that the United States should recognize Communist China at the present time...