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Dates: during 1950-1959
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Usage:

...gang of nozem out on a heckling foray and administered professional beatings all around. The same evening Amsterdam's police commissioner got a telephone call from the city's leading racketeer. Willem ("Fat Steak'') Wagenaar. Said Fat Steak: "If you can't keep order in our district, we'll take over. Keep your police at home; we'll fix the nozem." Bubbling with official indignation, the commissioner flatly rejected Fat Steak's offer. But last week idle Amsterdamers out for a spot of nozem watching found remarkably little to look at. Those...

Author: /time Magazine | Title: THE NETHERLANDS: The Enforcers | 9/14/1959 | See Source »

...clerk in one of Britain's largest investment trusts last week shook open a soiled manila envelope, and out fell a wad of crumpled ?5 notes, accompanied by a crudely scrawled order to buy stocks. "The man probably had the money in his mattress for 25 years,'' said a fund executive, "but we're getting used to this sort of thing." This "sort of thing" was such a rush to buy shares in British corporations that the Financial Times's share index soared to 259.7, up from 188.1 last fall. Many a broker grumbled that...

Author: /time Magazine | Title: BUSINESS ABROAD: The New Capitalists | 9/14/1959 | See Source »

Almost every dollar the U.S. commits to missiles is squeezed out of some plane program. All told, the U.S. will order only 1,500 planes this year compared with 1,760 last year. Next year the cuts will be bigger. Of the fabled Century series of supersonic fighters, the fiscal 1960 budget allocates not a penny for North American's F-100 Super Sabre, McDonnell's F101 Voodoo, Convair's F-102, Lockheed's 1,400-m.p.h. F-104 Starfighter or Convair's F-106. Only one tactical plane is funded in the new budget...

Author: /time Magazine | Title: AVIATION: Flying Low | 9/14/1959 | See Source »

...Losses. The planemakers are not yet making money on their commercial jets, although the jets have proved to be enormously profitable to the airlines. Boeing has delivered 55 of its 7075, has orders for 197 in all. But it still needs orders for 50 more before it can hope to turn a profit, is losing $500,000 to $750,000 on each one it delivers. Douglas Aircraft last week won FAA certification for its DC-8, which will be put in service this month by United and Delta airlines. Even though Douglas has 143 planes on order, it needs...

Author: /time Magazine | Title: AVIATION: Flying Low | 9/14/1959 | See Source »

...cynicism, Author Stacton builds his theory. Egypt's priesthood, Ikhnaton's mother reflects at one point, was "a series of venal officials ... a branch of the police, and only slightly more corrupt." Yet she is well aware that "corruption is the price we have to pay for order." Her son might have realized it too, had he possessed only that measure of insanity normal to a bloodline transmitted for generations through the marriage of brother and sister. But when the priests of Amon, in the traditional coronation ceremony, pushed the new Pharaoh alone into the pitch-dark holy...

Author: /time Magazine | Title: Books: Mad Pharaoh | 9/7/1959 | See Source »

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