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Nevertheless, U.S. corporations have staunchly defended FSCs, saying they encourage exports and make American companies more competitive with foreign producers. Jeremy Preiss, chief international trade counsel for United Technologies Corp., testified before Congress last July that FSCs are "necessary to help level the playing field on which U.S. and foreign exporters compete." Further, say advocates of subsidizing exports, the U.S. is merely doing what other nations do through a range of helpful export measures. True enough. But European companies traditionally shoulder higher taxes than American companies and help sustain elaborate social-welfare systems of the sort the U.S. has never...

Author: /time Magazine | Title: Corporate Welfare: Fantasy Islands | 11/16/1998 | See Source »

...Dancers Practicing at the Bar and Seurat's Bathing to canvases by American painters Winslow Homer (Crab Fishing off Yarmouth) and John Sloan (Picnic Grounds). There are also reproductions of a medieval tapestry, History of Venus, and several sculptures, notably St. George and the Dragon by Fritz Preiss and Fulda's 11th century antependium for Basel Cathedral. An audience favorite is Norman Rockwell, who has four Saturday Evening Post covers this year. As always, the pageant winds up with Da Vinci's Last Supper...

Author: /time Magazine | Title: Living: In Laguna Beach, a Living Louvre | 7/26/1982 | See Source »

...deco movement. Isadora Duncan by Alberto Savinio (Franco Maria Ricci; 184 pages; $125) shows just how exquisite some of these miniature sculptures became. All works pictured here were inspired, in one way or another, by the blithe spirit of American Dancer Isadora Duncan. Artists like Demeter Chiparus and Friederich Preiss, whose names are familiar today only to collectors, shaped ivory as if it were butter; the dancing figures they carved were adorned with bronze and stood or reclined on bases of marble or onyx. Many of the statuettes hover at the brink of kitsch, but their brilliant colors and glowing...

Author: /time Magazine | Title: Books: Deck the Shelves for $4.95 and Up | 12/10/1979 | See Source »

High Turnover. Of 57 staffers hired since the bank's incorporation, only ten remain. Such high turnover, quips Eileen Preiss, the only one of the original three executive officers remaining, is the way "we solved the problem of a staff without enough experience." The bank lost many accounts early this year when the inexperienced staff was slow to deal with computer foulups. Even more embarrassing, the bank has actually been accused of sex discrimination by a former teller, Susan Salvia, 23, who claims she was fired because she was pregnant. The bank says Salvia refused to take...

Author: /time Magazine | Title: BANKING: Financial Trouble for Feminists | 11/8/1976 | See Source »

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