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...disappointing. Despite record sales of $6.9 billion, a sharp drop in gasoline and oil prices in Europe and Japan helped depress profits 3% to $583 million. Without U.S. Shell, which is 69% owned by its European parent, the slide would have been steeper. The profits of Spaght's realm rose 10% (to $198 million), fueled principally by a record $2.8 billion in sales. Since taking charge four years ago, Spaght has expanded marketing facilities so shrewdly that gasoline sales have shot up more than 40% . Last year alone, Shell's U.S. sales of refined petroleum products rose...

Author: /time Magazine | Title: Western Europe: A Rare Kind of Import | 4/30/1965 | See Source »

...know the field, and they have had several good exhibits since the gallery opened last fall. Just ending now is Richard Merkin's first one-man show in which everything was sold-an extremely rare event for Boston, especially for an unknown artist. His paintings are in the realm of "Pop Art"-the artist calls them "slanted documentaries"-for they comment on popular images. But these works have none of the banal, obvious quality of much Pop; they are clever, painterly, and biting...

Author: NO WRITER ATTRIBUTED | Title: Newbury Street: Boston's World of Art Tour of the Galleries | 4/24/1965 | See Source »

...independence must be considerably rewritten, and in this volume a Scottish professor has manfully attempted the task. He summarily deflates the theory that Bruce was merely an ambitious feudal magnate, effectively demonstrates that his movement was fundamentally powered by a patriotic passion for "the community of the realm of Scotland." At times the book is clotted with corrigenda, but it tells the ghastly and glorious old story with new vigor and delight...

Author: /time Magazine | Title: Books: King Hob | 4/16/1965 | See Source »

...Tyler, but by 1924 the Klan's great days were ending. Several states invoked anti-Klan laws; others forbade the Klan to wear masks. Corruption among the bosses and internecine battles for leadership further weakened the organization. In 1926 David Stephenson, the posturing Grand Dragon of the Indiana Realm, was convicted of murder after the lower-berth Pullman-car rape of a young woman. The Indiana affair hurt the Klan image considerably more than the castrations and lynchings that Klansmen had perpetrated in all the years before. Members resigned by the hundreds. In the '30s the Klan cuddled...

Author: /time Magazine | Title: Nation: THE VARIOUS SHADY LIVES OF THE KU KLUX KLAN | 4/9/1965 | See Source »

...Governor of the Bank of England is both the country's fiscal conscience and one of the most important subjects in the realm. So powerful can the post be that one governor, Montagu Norman, almost singlehanded brought down the Labor government in 1931 by publicly criticizing its extravagant policies. Since then, little love has been lost between Labor's leaders and the Old Lady of Threadneedle Street. Last week the bank's current governor, George Rowland Stanley Baring, the third Earl of Cromer, stirred Britain and shocked Labor with the sternest public lecture on economy yet issued...

Author: /time Magazine | Title: Britain: Protector of the Pound | 2/26/1965 | See Source »

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