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...tenth, and supposedly final negotiating session between the U.S., Britain and the Soviet Union over a nuclear test ban treaty was due to begin at 3 p.m. in Moscow's Spiridonovka Palace, but actually started at 4:30. Outside the yellow fake-Gothic home of a czarist merchant prince, a crowd of 60 reporters and photographers stood watch. A bevy of iron gargoyles glared down at them from atop the gates. At 6:25 p.m. the appearance of a familiar face in the doorway was not reassuring. It was Semyon ("Scratchy") Tsarapkin, nicknamed because of his long, high-pitched...

Author: /time Magazine | Title: Cold War: A New Temperature | 8/2/1963 | See Source »

Audacious Horse Trading. Still, there is a hard streak of practicality in Conrad Hilton. The son of a successful merchant in San Antonio, N. Mex., he put down his entire savings of $5,000 in 1919 to buy his first hotel, the bustling Mobley in oil-rich Cisco, Texas. He managed to put together a small chain in Texas before the Depression wiped him out, bounced back with shrewd and often audacious horse trading to collect a lineup of prestigious hotels. His first major move was to acquire the high-priced Town House in Los Angeles, but he really broke...

Author: /time Magazine | Title: Hotels: By Golly! | 7/19/1963 | See Source »

...would like to see an authentic and conservative old-time men's shop, climb the stairs at 4 Linden St. to the atmospheric hideout of Duncan Macandrew, merchant tailor. Outfitting the distinguished and conservative in a manner reminiscent of Saville Row, this shop sells hand-knitted Harris tweed hose and the 1937 four-inch-wide necktie in an incredible collection of haberdashery...

Author: By Susan M. Rogers, | Title: Square Stores Slash Swimsuits | 7/12/1963 | See Source »

...locked in a vindictive, futile economic war with the English, though it remained economically dependent on Britain. He strove desperately to mobilize enough new industry to supply the nation's basic needs, though at high cost; he also founded the state transport network and organized a national merchant marine in time to keep Ireland fed during World War II, in which he took on the additional job of Minister of Supply, and by brilliant improvisation averted crippling shortages...

Author: /time Magazine | Title: Ireland: Lifting the Green Curtain | 7/12/1963 | See Source »

Founded there in 1919, the Narodny Bank was only another agency to finance East-West trade until it began to go capitalist and expanded into a full-fledged merchant bank in the late 1950s under the prodding of a new chairman, personable and professional A. I. Doubonossov, 63, who wears a Homburg. Narodny's prudent bankers handle the extremely sensitive job of selling Soviet gold on the London market, trade actively in foreign currencies, and make short-term loans to British corporations and cities. With a capitalist eye for profit, they even hold $3.9 million in British Treasury certificates...

Author: /time Magazine | Title: East-West Trade: Russia's Sterling Success | 7/12/1963 | See Source »

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