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...rate shaving is hurting foreign lines much more than it is the U.S. merchant fleet, whose share of world commerce has long been dwindling anyway. Not surprisingly, condemnation of Soviet tactics is widespread among shipowners. In the U.S., James Barker, chairman of the Moore-McCormack Lines and head of the National Maritime Council, is livid. "In effect, the Soviets are dumping by their price cutting, while there is no serious coordinated policy in Washington," he charges. Managing Director Carl-Thomas Hubrich of the Deutsche Afrika-Linien in Hamburg laments: "We're still there, but our backs...

Author: /time Magazine | Title: Business: Piracy or Profit on the High Seas? | 12/5/1977 | See Source »

...Novacek, 50, a canny Nebraskan of Czech descent who is president of New Jersey-based Morflot American Shipping Inc. Moram, as the company is known, is a Soviet-owned agency for four of the 16 Soviet lines hauling cargo to and from the U.S. A graduate of the U.S. Merchant Marine Academy, Novacek was once president of Grace Line, then executive vice president of Seatrain Lines. He formed Moram in 1976, and now has a crackerjack sales force of more than 33 salespeople. Novacek runs the agency, according to his own account, in the style of any Western company, drawing...

Author: /time Magazine | Title: Business: Piracy or Profit on the High Seas? | 12/5/1977 | See Source »

...commercial hustle is back, but factional mistrust remains It happened slowly at first, but in Beirut these days the scene is almost a daily occurrence. A Lebanese merchant who had abandoned his shop at the height of fighting in the 1975-76 civil war appears at the door one morning, surveys the damage and sets about the job of reopening. Raking out waist-high rubble and empty shell casings the merchant uncovers the rotting remains of an unknown man, stripped naked by brigands of who can say which side. The owner, a Christian, shifts his rake to his left hand...

Author: /time Magazine | Title: LEBANON: Beirut: Better, but Not Yet Well | 11/14/1977 | See Source »

...sophomore honors English class and the movie projector begins to whir. Act III, Scene 1 of The Merchant of Venice. There is no discussion and only a few questions about the plot. The 18 students and their teacher all hunch silently in their seats. Down the hall, three more English classes, packed in a small theater, are also viewing films. Complains one teacher: "I really get caught up in my subject matter. But some teachers think that's weird. The attitude in the faculty lounge is, 'Does anyone have a film...

Author: /time Magazine | Title: High Schools Under Fire | 11/14/1977 | See Source »

...where Rhodes had left off. Said he: "The House has no business inflicting higher oil prices on the American people in order to fulfill President Carter's campaign promises to the maritime unions." Sponsor Murphy replied that he and his supporters were only trying to salvage the U.S. merchant fleet, which has dwindled from 5,000 to 570 ships during the past three decades...

Author: /time Magazine | Title: The Nation: The House Sinks The Cargo Bill | 10/31/1977 | See Source »

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