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...create 10,000 new farm jobs in the immediate area. Another $30 million will build eight power projects to increase southern Italy's electric generating capacity by one-sixth; the remaining $20 million will help private investors finance seven new factories (fertilizer, fruit processing, cement, chemicals and medicines, pulp and paper, woolens). Said Italian Finance Minister Ezio Vanoni: "We hope to merit other loans in the future...

Author: /time Magazine | Title: Business: Hope in the Mezzogiorno | 6/13/1955 | See Source »

...face of spiraling costs, many a U.S. daily has died in the last ten years, and few new ones have been born. Three months ago, in Tallahassee, Fla. (pop. 38,002), Leo William Bowmall, vice president of Manhattan's Bulkley Dunton Pulp Co., decided to try to buck the trend. He and other backers put up more than $250,000 to launch the Tallahassee Capital Post, to compete with the 50-year old Tallahassee Democrat (circ. 14,014). Last week, after barely 68 days of life, the new paper died. Even though the Post was small, with a circulation...

Author: /time Magazine | Title: The Press: The Rough Road | 6/6/1955 | See Source »

...Reporter John Bartlow Martin, 39, who lives in Chicago, started writing at i/ to 2? a word for pulp crime and detective magazines, graduated to Harper's, which averages $250 to $350 a piece, and finally also began selling to Satevepost and other slick magazines. Says he: "I like every thing about freelancing, with the exception of the lack of security. Sometimes it's four to six months between checks, and that creates problems for my grocer and everybody else." One writer who no longer worries about the grocery bills is Frank J. Taylor, 60, dean...

Author: /time Magazine | Title: The Press: The Free-Lancers | 5/30/1955 | See Source »

...Darrow, Paul Muni snorts and paces and glares, lifts indignant agnostic eyes toward heaven, heaps anti-Biblical fire and brimstone on the pious, and slowly reduces Bryan to a mental pulp and physical exhaustion. A wonderful example of the high hamming that is equally the forte of skilled actors and skilled trial lawyers, it makes Muni and Darrow indistinguishable. Ed Begley's Bryan is excellent also, though this is a more benign figure at the trial than the Bryan who, as H. L. Mencken watched him, "writhed and tossed in a very fury of malignancy," and not quite...

Author: /time Magazine | Title: The Theater: New Play in Manhattan, may 2, 1955 | 5/2/1955 | See Source »

...livened up the Trib with crusades against crime and political corruption, lured in more readers with some of the first serial comic strips (Moon Mullins, The Gumps, Little Orphan Annie) ever printed in a U.S. daily. They watched the paper's circulation and profits soar, bought vast Canadian pulp forests and a fleet of vessels that still supply the Trib with paper. But the cousins seldom saw eye to eye. Though he bitterly condemned the idle rich, Bertie reveled in his own aristocratic background; Patterson, a turtleneck sweater man at heart, rebelled against it, became an active Socialist. While...

Author: /time Magazine | Title: The Press: The Colonel | 4/11/1955 | See Source »

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