Word: merchantable
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Dates: during 1950-1959
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Thomas Karathanos was 25 years old when the Communists took over Albania, and his life has never been the same since. The Communists slowly tortured his father to death, because as a Greek and a small merchant he was considered "an enemy of the state." They put young Thomas in forced-labor camps for five years, and when he was released they put him in the army. When he was finally released last year, he returned to his village of Lazati to find that the schoolteacher had drowned himself and the storekeeper had slashed his wrists and killed himself when...
Thirty-seven of the paintings were on loan from the U.S.S.R., which had confiscated them at the time of the revolution. Many had belonged to an art-loving Moscow grain merchant named Serge Stchoukine. When the magnate's daughter Irene Stchoukine, who now lives in Paris, started legal proceedings to get back what she considers her rightful inheritance, the Iron Curtain clanged down. One day last week a little black truck sped up to the gallery door, loaded all the disputed Picassos aboard and whisked them off to the Soviet embassy. There, the paintings were back on Soviet soil...
...Senate this week came Edward David (Ted) Crippa, 55, of Rock Springs. Wyo., a lean, eager merchant, banker and auto-dealer whose father was born in the Tyrolean Alps. Appointed by Wyoming's Republican Governor C. J. Rogers to fill the unexpired term of Democrat Lester Callaway Hunt, who shot himself to death last fortnight (TIME, June 28), Republican National Committeeman Crippa restored the G.O.P. to a numerical majority in the Senate. The count now: 48 Republicans, 47 Democrats and one Wayne Morse. Appointee Crippa will not run for the full Senate term in the November election. Leading contender...
Russia had warned that it "will be forced to take appropriate measures for safeguarding the security of Soviet Merchant ships," presumably hinting that it might provide naval escorts for them in Far Eastern waters. After thinking things over, Nationalist China this week announced that it had decided to confiscate the tanker's cargo but to return the ship itself...
Word from Portugal. Gruff, heavy-spending Achille Lauro, multimillionaire owner of a huge merchant shipping fleet, staunch friend of the late Benito Mussolini and now the popular mayor of Naples, was the party's nominal head and principal bankroller (about $3,000,000 in contributions). Ex-Professor (of law) Alfredo Covelli, an expert parliamentarian and a good organizer, was secretary-general and real leader of the Monarchists...