Word: pasts
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Dates: during 1950-1959
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ANOTHER innovation in TIME this week is the global year-end review of business. Research for it came from 75 on-the-spot reports from staff correspondents and stringers around the entire world. In past years the review has largely concentrated on the U.S. economy. In 1959 it was apparent that the most interesting economic story of the year was the vast spread of U.S. ideas and U.S. methods to the world, not only to the already industrialized nations of Europe, but also to scores of underdeveloped lands just beginning the long march to prosperity...
Frilled Skirts. By evening, Ike was in Athens, and cheering throngs lined Poseidon Avenue and the streets of the suburb of Phaleron (where St. Paul is said to have landed when he journeyed to Greece). Rose petals pelted him as the procession moved past half a million people. "Viva!" they yelled (while the Communists chanted "Hyphesis"-Down with Tension). Ike could see the Parthenon glowing in light on the Acropolis, the ruins of the Temple of Olympian Zeus, and a small obelisk monument to Americans who were killed in Greece's 1821-29 war for independence from the Ottoman...
...Charles Dana has reached the age when rich Americans take up the art of giving away money. But not for him the faceless foundation, or the fund raiser with a checklist of millionaires. Dana picks his own targets, pounces on them with tough-minded charity. For the past three years, he has personally "traipsed myself up and down the South," scouting the needs and virtues of a dozen small, obscure colleges. So far, he has seeded seven campuses with more than...
...onrushing 20th century stranded Scientific American in the past. Readership dwindled; revenue shrank to a trickle. By 1947, when Gerard Piel, then science editor of LIFE (and grandson of the late Michael Piel, co-founder of New York's Piel Bros, brewery), persuaded two friends to join him in buying Scientific American, about all the three got for their $40,000 were 5,000 solid subscribers, a Manhattan office and a lustrous 102-year-old name. Piel had a theory, and his partners-Dennis Flanagan, also a LIFE editor, and Management Consultant Donald H. Miller Jr.-were willing...
...Columbus; William G. Rector and Robert R. Raymond, president and vice president of the True Temper Corp. of Cleveland; and F. Bliss Winn. president of the O. Ames Co. division of McDonough Co. of Parkersburg, W. Va. The indictment charged that at meetings held over the past five years they discussed setting identical prices for hundreds of implements, chiefly for gardening, such as rakes, shovels, picks, trowels, sidewalk scrapers and sod lifters. With other parties to the agreements (who got immunity to testify for the Government), the defendants controlled 60% to 80% of the nation's $50 million hand...