Word: marketing
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Dates: during 1940-1949
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...read in TIME, July 26, about the aged Chinese painter, Ch'ih Pai-shih . . . According to your article he sells his pictures for a dollar. Knowing a bargain when I hear about one in the art market, I sent him $1 cash . . . and today the picture really arrived, a traditional Chinese brush painting of a pair of shrimps. His calligraphy is gross but his figures are sensitive and beautiful...
...bottle on a string into the fuel tank of a company truck, pulled it out full of red gasoline, and replenished his lighter. (Britain's Labor government has decreed the red color for all gas used by commercial vehicles, for easier detection if it leaks into the black market...
...Europe ("Let 'em go to hell"). He considers both Herbert Hoover and Earl Warren too leftwing. Two things Publisher Hoiles is in favor of: child labor for the average, child ("Give him a pick & shovel and let him get started") and the black market. One touch of liberalism in the Hoiles record: during the war, he campaigned to give U.S. Japanese a fair break...
...Turku (Finland), the Finnish Bible Society happily prepared to sell ten tons of coffee, a gift from the American Bible Society. Admitted free of duty by the Finnish Government and sold on the free market, the coffee would bring about twelve times the $4,500 it had cost in the U.S.-and provide the cash to buy a new Bible House to replace the one Russia destroyed in World...
Stocks. After the dullest trading day in |f our years (a 460,000-share turnover), the stock market perked up, closed the week with the Dow-Jones industrial averages UP 3.97 to 183.60, rails up 1.93 to 60.72. Volume totaled only 3,075,852 shares for the five-day trading week...