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Using local labor wherever possible, the oil camps have given employment to 20,000 Saharans-and thereby increased sales of radios, motor scooters and bicycles in the neighboring oases by 1,000%. Some Moslem employees have even risen to skilled jobs as truckers or members of oil rig crews, but for the bulk of their skilled labor the oil companies are obliged to look to France. To lure and keep the kind of men they need, the companies rely not on high salaries-top wages for an engineer are $700 a month-but on the pioneer spirit, a generous leave...

Author: /time Magazine | Title: FRANCE: The Visionary | 8/17/1959 | See Source »

...dacha next day, Nixon and Khrushchev issued a joint statement protesting that their exchange at the U.S. exhibition, while "frank," was not "belligerent." Then Khrushchev took his guests for a ride on the Moscow River in a 25-ft. motor boat. Eight times Khrushchev had the boat stopped so that he and Nixon could talk to groups of bathers on the beaches along the river, and each time, with broken-record repetition, the same thing happened. Khrushchev would point out the bathers to Nixon as "captive people"; they would yell "nyet, nyet," and Khrushchev would grin, nudge Nixon...

Author: /time Magazine | Title: FOREIGN RELATIONS: Better to See Once | 8/3/1959 | See Source »

...autos, bounding back from the red ink of 1958, Ford Motor Co. led the march far into the black. Chairman Ernest Breech reported that Ford's second-quarter earnings of $2.76 a share (Ford lost money in the same quarter last year) were the highest for any quarter in the company's history, lifted Ford's half-year earnings 1,676% over last year, to a record $5.22 a share. Though Ford's second-quarter sales were only $3.7 million higher than the first quarter, its profits rose $16.3 million, demonstrating what automen have long known...

Author: /time Magazine | Title: Business: Far into the Black | 8/3/1959 | See Source »

...Strawberries" runs through elderly Professor Isak Borg's one-day motor trip to receive an honorary degree at a Swedish university, and through old age's dreams of youth and death. Between self-revealing dream sequences, Borg is busy talking to his bitterly perceptive daughter-in-law (Ingrid Thulin), arguing and making-up with his stout-hearted housekeeper (Julan Kindahl), and experiencing three impossibly youthful hitch-hikers and an actress-and-husband couple whom he has picked up on the road to the university...

Author: By Alan H. Grossman, | Title: 'Wild Strawberries' | 7/30/1959 | See Source »

...long stockpiles hold out. They now bulge at more than 21 million tons, a two-month supply, and the nonstruck 15% of the industry is adding to them at top-speed rate of 1,200,000 tons a month. Speaking for many an industrialist, Chairman Robert Black of White Motor Co. said: "We began preparing for this strike six or seven months ago. We've got a 60-to 90-day steel stock. But you never know-one missing item can stop your production. For want of a nail, a battle can be lost...

Author: /time Magazine | Title: Business: The Strike's Effects | 7/27/1959 | See Source »

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