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...Stakes. The crucial problem was how the U.S. could preserve its 40% share of the world oil market and how Britain could cut its dollar oil bill, the biggest single item in its dollar deficit. Standard Oil Co. (NJ.) which stood to lose $80 million worth of business a year if the British embargo became complete, had already offered Britain an alternative plan. If Britain would permit Jersey Standard to convert 50% of its sterling sales into dollars, Standard's President Eugene Holman would set up a British company, subject to British laws and taxation, to handle Standard...

Author: /time Magazine | Title: OIL: British Bobble | 2/13/1950 | See Source »

Just off the main street of Rutherford, NJ. (pop. 16,000) stands the clapboard home and office of Dr. William Carlos Williams, M.D., 66, the best-known pediatrician in town. Doctoring is a busy life, but it is not enough for Williams: for over 40 years, on prescription blanks, old envelopes and other odd scraps of paper, he has been jotting down his impressions. A lot of the jottings turned out to be poetry...

Author: /time Magazine | Title: Books: Poetry Between Patients | 2/13/1950 | See Source »

...Bank, NJ...

Author: /time Magazine | Title: Letters, Feb. 6, 1950 | 2/6/1950 | See Source »

North Bergen, NJ...

Author: /time Magazine | Title: Letters, Jan. 23, 1950 | 1/23/1950 | See Source »

CARLETON E. ADAMS Atlantic City, NJ...

Author: /time Magazine | Title: Letters, Dec. 19, 1949 | 12/19/1949 | See Source »

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