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...Payoff. If it has defaulted on ownership, INRA has brought to the peasant a definite, though perhaps temporary economic advance. In Oriente province, called the "cradle of the revolution," the INRA boss is Major René Vallejo, a bearded, widely-loved obstetrician. Blowing a kiss into the air, he shouts, "We are doing beautifully!" The 1,400 workers on Vallejo's Twenty Roses and Camilo Cienfuegos cooperative farms last week collected their pay-about $2.70 a day, up $1 from the old scale - and happily lined up to buy ice cream or have their pictures snapped, at 25? each...

Author: /time Magazine | Title: CUBA: Animal Farm | 1/4/1960 | See Source »

...contracts give YPF all the oil and, upon expiration in 20-30 years, the wells themselves. To come in on such terms, the companies demanded and got a fast payoff. For getting YPF's oil out of the ground and to the wellhead, the Carl M. Loeb, Rhoades group, investing $100 million, will get 70% of the world oil price until its investment is amortized. 15-20% after that. Five other big companies (Pan American International, Esso, Shell, Union Oil of California, Tennessee...

Author: /time Magazine | Title: ARGENTINA: Oil Boom | 12/21/1959 | See Source »

...chance for normal life. "My husband and I decided we'd rather have him than anything else." she explained, "so we just sacrificed." The sight of a healthy-looking Phillip (he will be three on Dec. 28), eating an egg and almost ready to go home, was their payoff...

Author: /time Magazine | Title: Medicine: Correcting Nature's Error | 11/30/1959 | See Source »

Such plugs, even when they grow out of genuine comedy, bring payoffs (sometimes known as payola) of varying kinds; the My Sin plug reportedly was worth more than $1,000. Sometimes the payoff goes to the performers, but usually to writers or other employees of a show. Last week the Federal Communications Commission belatedly began to investigate TV's predilection for the plug. The announcement aroused widespread dismay. Moaned Actor Walter Slezak: "Everybody has become so suspicious that if you say 'Oh, my God!' on television, people think you're being paid off by the Holy...

Author: /time Magazine | Title: Show Business: Block That Schlock | 11/23/1959 | See Source »

...reputation. Reason: his friends will not believe that he was not in on the fix. He filed a $500,000 suit against NBC, the show's producers (Barry & Enright Productions) and the sponsor (Procter & Gamble). What's more, argued Clark, his eye on an even bigger payoff, the fix cost him a possible $40,000 in winnings. He sued for that...

Author: /time Magazine | Title: TELEVISION: People Are Wonderful | 11/9/1959 | See Source »

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