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...surprising extent they succeeded. Because there was no local culture, not even the convenience of slaves, these blue-eyed Scots, Irish and English established a middle-class British society, mercantile, predominantly Protestant. The speech of Australia became a nasal offshoot of cockney, and at Christmastime Australians dutifully ate plum pudding in 100° heat. For England's "county" aristocracy, Australia substituted its own "squattocracy"-men who had carved out for themselves sheep or cattle stations the size of Maryland and sent their sons to Cambridge or Oxford. To its critics, it seemed a perfectly preserved specimen of 19th century...

Author: /time Magazine | Title: AUSTRALIA: Out of the Dreaming | 4/4/1960 | See Source »

...holdings, Alleghany has 17% working control of the New York Central Railroad, plus 50% ownership of the Missouri Pacific Railroad. The Central also owns more than $500 million in Manhattan real estate, including the Park Lane, Commodore, Biltmore and Barclay hotels, plus several blocks of Park Avenue land. Biggest plum of all: Alleghany's 47.8% control of Investors Diversified Services, which manages five mutual funds whose combined assets total about $3 billion. This great Alleghany complex, says Sonnabend, "has been static since Robert Young died. It needs new vitality and dynamism...

Author: /time Magazine | Title: CORPORATIONS: War for Allegheny? | 11/23/1959 | See Source »

...undisputed genius of the flamboyant world of cosmetics is Charles Haskell Revson, president of Revlon, Inc. From Charlie Revson's hard-as-steel mind spring the soft and alluring shades-Red Caviar, Pink Lightning, Plum Beautiful-that have touched the lips of more U.S. women than those of any other maker. Last week, at 53, trim (5 ft., 8½ in., 144 lbs.), handsome Charlie Revson ran into some embarrassing new facial shades: Quiz Pink and Umbrage Blue. As sponsor of the rigged $64,000 Question and $64,000 Challenge-which in four years helped triple Revlon...

Author: /time Magazine | Title: Business: The Unflabbergasted Genius | 11/16/1959 | See Source »

...richest plum among the oil industry's independents finally fell last week, and it went to one of the strongest integrated majors. In an $810 million deal, Texaco, No. 2 U.S. producer-No. 1: Standard Oil Co. (N.J.)-and refiner, bought California's profitable Superior Oil Co., whose earnings last year totaled $39.20 a share. Superior stockholders will get 24 shares of Texaco for each share they now hold; Texaco will then absorb Superior's holdings and dissolve the company...

Author: /time Magazine | Title: OIL: Coup for Texaco | 6/29/1959 | See Source »

...soft nights, a man on the bridge felt as if he were on a magic swing: "He swung over the earth and the waters and flew in the skies, yet was firmly and surely linked with the town and his own white house there on the bank with its plum orchard about...

Author: /time Magazine | Title: Books: Three Centuries | 6/29/1959 | See Source »

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