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Outwardly, the loggers' strike is a jurisdictional struggle between the I.W.A. and the newly formed Newfoundland Brotherhood of Woodworkers; more profoundly, the island's economy is at issue. Two big newsprint producers, Anglo-Newfoundland Development Co. Ltd. and Bowater's Pulp & Paper Mills Ltd., are faced with the rising cost of cutting logs in Newfoundland's skimpy forests. Newfoundland Premier Joseph Roberts Smallwood, fearful that further cost increases might endanger the companies' operations, moved in to settle the dispute at Grand Falls. Liberal Smallwood, once a union organizer, rammed a bill through the provincial legislature...

Author: /time Magazine | Title: CANADA: Anniversary Crisis | 3/23/1959 | See Source »

...competition. It is an ironic fact that by trying to help Press Trust of India (which depends heavily for revenue on the government-owned All India Radio), India is also giving a near monopoly of foreign news service to the agency that supplies Press Trust: Britain's Reuters Ltd., long a symbol to Indians of British imperialism. It is even more ironic that India, which won its national freedom so dearly, has created a press which is one of the most drably conformist outside the Iron Curtain...

Author: /time Magazine | Title: The Press: Noose on the News | 3/23/1959 | See Source »

ANTIFUNGUS PILL that combats athlete's foot, ringworm and other fungus diseases will be sold in U.S., if Food and Drug Administration approves, by Johnson & Johnson and Schering Corp. It was developed by Britain's big Glaxo Laboratories Ltd...

Author: /time Magazine | Title: Time Clock, Mar. 23, 1959 | 3/23/1959 | See Source »

...Administration stoutly rebuffed the "national security" pleas of lobbyists, who wanted to block imports of such items as watches and woolens. But the wind recently began to shift: the new chief at the office of Civil and Defense Mobilization, Leo Hoegh, tossed out a bid by English Electric Co. Ltd. to build two hydraulic-electric turbines for the Greers Ferry Dam in Arkansas, instead chose a 21% higher bid from Philadelphia's Baldwin-Lima-Hamilton Corp., thus giving some political help to Republican Congressman Hugh Scott (TIME, Feb. 2). Last week the coalmen demanded still tougher controls on imports...

Author: /time Magazine | Title: THE NEW PROTECTIONISM | 3/23/1959 | See Source »

...foreign generating-equipment. Also, U.S. makers export far more heavy electric equipment than the U.S. imports-$840 million exported, v. $61 million imported from 1952 to 1957. Private utilities have bought little foreign gear, but the Tennessee Valley Authority last month selected Britain's C. A. Parsons & Co. Ltd. to build a 500,000 kw. turbogenerator-one of the world's biggest-at Tuscumbia, Ala., and said that Parsons is indeed "qualified, technically competent and adequately equipped." Parsons' evaluated bid of $13 million was $6,300,000 below the nearest domestic bidder. TVA found "the import duty...

Author: /time Magazine | Title: THE NEW PROTECTIONISM | 3/23/1959 | See Source »

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