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...years shark-mouthed Matyas Rakosi, Hungary's Communist boss, had been casting covetous eyes at MAORT (Magyar Amerikai Olajipari Rt.), the $25 million American-owned Hungarian affiliate of Standard Oil Co. (New Jersey). Behind his greed was Moscow pressure: the American concession controlled richer fields than the Soviet-dominated joint company, Hungary's only other oil producer. The Russians had operated MAORT for a short time under Red army occupation, and wanted it back. Last week, Rakosi seized MAORT and in Washington the two U.S. citizen executives from whom he took it summed up the Rakosi expropriation method...

Author: /time Magazine | Title: ECONOMICS: Or Else-- | 10/11/1948 | See Source »

...small foreign-language paper, Manhattan's Amerikai-Magyar Népszava, a Hungarian daily, was getting a lot of attention in international short-wave circles last week. A new editorial team had just taken over. And while a well-wishing message from President Truman was beamed to Central Europe by the Voice of America, the Moscow radio lambasted the new management as a bunch of rascals...

Author: /time Magazine | Title: The Press: Editors in Exile | 6/21/1948 | See Source »

...fateful day in 1940, a would-be actress named Deborah Kerr (rhymes with star) was sitting in a London restaurant with an acquaintance of British Producer-Director Gabriel Pascal. When Pascal himself was introduced, he promptly chanted in his richest Magyar overtones: "Sweet lady, you have a spiritual face...

Author: /time Magazine | Title: Cinema: A Star Is Born | 2/10/1947 | See Source »

...Wofford Jr., founder of Student Federalists (the junior branch of Federal Union). Sparkplug of the eight full-time staffers, all under 30, is energetic Managing Editor Helen B. Hamer, alumna of Manhattan's Greenwich Villager and Science Illustrated. The "panel of contributors" includes Wickham Steed, Elmo Roper, Pertinax, Magyar Cartoonists Derso & Kelen...

Author: /time Magazine | Title: The Press: Streit & Straight | 9/23/1946 | See Source »

Died. Béla BartÓk, 64, prolific Hungarian composer of piquant, sometimes cacophonous orchestral and chamber music; longtime student of Magyar and Yugoslav folk music; after long illness; in Manhattan, his home since 1940. A radical modernist, BartÓk in 1938 wrote Rhapsody for Clarinet and Violin especially for his friend Joseph Szigeti's violin and Benny Goodman's rippling clarinet...

Author: /time Magazine | Title: Milestones, Oct. 8, 1945 | 10/8/1945 | See Source »

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