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...alltime high in sales, the answer was no. But profits far outdistanced sales in other cases. For example, with sales up only 36% over the same period last year, General Portland Cement's six-month net jumped over 75%. In this year's second quarter, Willys-Overland had a 29% rise in sales, a 70% rise in profits to $2,019,029. Perhaps the best part of all this rich news was that backlogs, in general, were as big as ever. The prevailing optimism was expressed by Lehigh Coal & Navigation Co., whose profits are running 66% over...

Author: /time Magazine | Title: EARNINGS: Happy Chorus | 8/2/1948 | See Source »

...Egyptian littoral, General Omar Bradley, Army chief of staff, lectured Congressmen on the problem of maintaining a hypothetical 20-group air force within "effective" striking distance of Russia. A minimum of seven divisions would be needed to protect the base from overland attack by massed armies. The ground troops alone-to say nothing of 125,000 Air Force officers and men-would require 12,500 tons of supplies daily. Movement of this tonnage from the U.S. and protection of this one base from sea attack would involve a major naval force...

Author: /time Magazine | Title: ARMED FORCES: Minimum Necessity | 4/5/1948 | See Source »

...Light. The Federal Trade Commission ordered Willys-Overland Motors, Inc. to stop advertising that it had created or designed the "jeep." Said FTC: although Willys-Overland "made an outstanding contribution in its powerful engine as well as in other features of the vehicle," the credit belonged jointly to four companies-Willys-Overland, American Bantam Car Co., Ford Motor Co., Spicer Manufacturing Co. (now Dana Corp.)-and the Army...

Author: /time Magazine | Title: Facts & Figures, Mar. 22, 1948 | 3/22/1948 | See Source »

...sweep the modern world "with the same searching gaze which the Spectator turned on manners of 1 8th Century England." Pacific Spectator had a lot of territory to cover, and no Addison & Steele to help cover it. Since the days of Bret Harte's Overland Monthly, the Western U.S. has had no highbrow magazine of any weight. To help fill the vacuum, 23 colleges had joined as sponsors - "the largest Western college league ever organized," cracked one reviewer, "to support anything but athletics." Last week Pacific Spectator began its second year. It had not yet grown to the stature...

Author: /time Magazine | Title: The Press: Western Brain Child | 1/19/1948 | See Source »

...centuries Moslem students of all colors and tongues have trekked to Al Azhar from as far as China and the Netherlands East Indies. One youth with a burning for learning journeyed overland (more than 2,000 miles) from Morocco to Cairo 50 years ago, is still studying-bent and bearded-at Al Azhar today. Students live by national groups in riwaks, the Moslem version of fraternity houses...

Author: /time Magazine | Title: Education: The Resplendent | 12/1/1947 | See Source »

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