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...works and pomps which Glenn McCarthy has raised in honor of McCarthy have taken a more solid form. There is McCarthy's Houston mansion, a white-pillared, $700,000 pile surrounded by vast lawns and trees bearded with Spanish moss. There is the 15,000-acre ranch on which he admires his blooded cattle and occasionally shoots deer, goats and turkeys. There is McCarthy's Colosadium (so far, only on paper), a 110,000-seat stadium for Houston with a sliding roof in case of rain. There are McCarthy's airplanes, which include a four-engined Boeing...

Author: /time Magazine | Title: TEXAS: King of the Wildcatters | 2/13/1950 | See Source »

...priming, and deflation. Pump-primers wanted the government to spend part of the reserve in the Bank Deutscher Länder (similar to the U.S. Federal Reserve) for critically needed housing, and thus re-employ hundreds of thousands of construction workers. The other solution was to let the goods pile up on shelves until prices dropped to the point where customers could buy more. But the trade associations refused to let prices follow the law of supply & demand...

Author: /time Magazine | Title: Foreign News: Was 1st Los? | 2/13/1950 | See Source »

...drawing room comedies, there is always one minor character who is extremely annoying. Usually it is and American, who is supplied with a pile of Yankee idiom and a vicious accent and who distributes these to the audience with magnanimity. But "Yes M'Lord" 's American is a girl and relatively well behaved, and Elaine Stritch brings enough, restraint to the role to excuse her occasional moralizing. She is part of a generally excellent cast...

Author: By David L. Ratner, | Title: THE PLAYGOER | 2/9/1950 | See Source »

...were mutinying against him (TIME, Jan. 30). It also gave Big John a chance to talk business in the climate he likes best. After seven months of his production-throttling three-day week, Lewis had equalized his bargaining position. That is, he had whittled the nation's coal pile down to a precarious 27 days' supply...

Author: /time Magazine | Title: National Affairs: Comeback? | 2/6/1950 | See Source »

Meanwhile, CCC went ahead with plans to pile more food on its mountain of surpluses. Last week it decided that hog prices, which had tumbled, would continue falling, prepared to support them at $14.90 a 100 Ibs. at the farm...

Author: /time Magazine | Title: AGRICULTURE: Over the Waves | 1/30/1950 | See Source »

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