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...mission, beaming with uncommon good will. After two months of dickering, they had signed a treaty with the Argentines under which the two countries will work out a barter exchange of Argentina's agricultural products (mainly linseed oil and hides) for Soviet petroleum, coal, iron, steel, precision instruments, pipe, rails, rolling stock, axles and tires. Goods worth $150 million are supposed to change hands-if both sides deliver. In addition, the Communists agreed to extend a $30 million credit for mining, oil drilling, railroad, agricultural and generating equipment...

Author: /time Magazine | Title: ARGENTINA: Foot in the Door | 8/17/1953 | See Source »

Last week Moody's wistful hope seemed less of a pipe dream. With a syndicate of well-heeled and well-connected backers of predominantly Democratic leanings, Moody took a 15-year lease on Detroit's Michigan Rotary Printing Co., which has been printing a profitable 800,000-copy Shopping News, and several weeklies. Its modern presses could easily print a daily newspaper of either 32 or 48 pages. Reported cost of the lease (with an option...

Author: /time Magazine | Title: The Press: If I Had $10 Million | 8/17/1953 | See Source »

Surveying the wonder world of titanium, most U.S. businessmen have kept their eyes fixed on the sky. The lightweight, heat-resistant metal was obviously just the thing for high-speed, high-flying jet aircraft. But Chicago's Crane Co., No. 1 producer of valves and pipe-fittings, and one of the three biggest U.S. manufacturers of plumbing equipment,† has been looking closer to the ground. From the moment he heard about titanium's resistance to corrosion, Crane's President John L. (for Lindesay) Holloway began thinking of titanium as the ideal material for industrial valves...

Author: /time Magazine | Title: METALS: The Busy Plumbers | 8/17/1953 | See Source »

...ascribed to Admiral Jellicoe. commander of the British Grand Fleet: "The only man on either side who could lose the war in an afternoon." In that sense, Allen Dulles has the most important mission in the long, sordid, heroic and colorful history of the intelligence services. This scholarly, hearty, pipe-smoking lawyer is in strange contrast to some of his famous predecessors in intelligence history...

Author: /time Magazine | Title: THE ADMINISTRATION: The Man with the Innocent Air | 8/3/1953 | See Source »

...Platte Pipe Line Co. will open a $62 million, 1,149-mile, 20-inch oil pipeline next week that will give Rocky Mountain oil producers a big new market for their crude. The line, which runs from eastern Wyoming to refineries near St. Louis, is capable of delivering 110,000 barrels...

Author: /time Magazine | Title: Time Clock, Aug. 3, 1953 | 8/3/1953 | See Source »

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