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...cover was beautifully done and quite symbolic. It recalls for many of us here Bernard Lorjou's The Dying Bull, [see cut]. The original painting hangs directly opposite the desk of our senior partner, who finds it an ever-present reminder that no "sacred cows" or immortal bulls roam Wall Street. As Baron Rothschild put it: "Fortunes are made by buying low and selling too soon...

Author: /time Magazine | Title: Letters, Apr. 14, 1958 | 4/14/1958 | See Source »

...city, none is more corrosive than juvenile delinquency, and the one city in the U.S. that has a giant's share of pain is New York. There, in the weltering tenements and public-housing complexes that pimple district upon district of the city's 299 sq. mi., roam the "bopping clubs," the teen-age street-fighting gangs. They call themselves Centurians, Demons, Villains, Stonekillers and Sand Street Angels, organize themselves with the precision of military combat teams, with an officer hierarchy (president, war counselor, armorer, etc.). Their code of ethics is a distorted boy's-eye view...

Author: /time Magazine | Title: YOUTH: The Shook-Up Generation | 4/7/1958 | See Source »

Economics aside, there is also the question of international politics. "The Russians are smart," said Clayton. "They roam around the world offering trade. We give away some millions here and some there. No self-respecting people want charity; they want to earn their way. To seize the initiative in the cold war, we must first make ourselves worthy of the leadership of the free world. But we will never do that so long as we continue to act in the short-term special interest of our minority groups." Concluded Clayton: "Our oil imports come partly from Venezuela (buyer annually...

Author: /time Magazine | Title: OIL: The Road to Disunity | 3/31/1958 | See Source »

...Sukarno and Hatta would collaborate with them. The Dutch administrators and businessmen were herded into Japanese concentration camps, and native bureaucrats, who had never been allowed above the lower rungs of government, took charge under the guidance of Japanese officers. Sukarno was at last in his element, free to roam the country and make countless broadcasts. "America we shall iron out, England we shall destroy," he cried. He urged Indonesians to enlist in defense forces recruited and armed by the Japanese; he helped supply his Japanese masters with romushas, or slave laborers, most of whom were never heard of again...

Author: /time Magazine | Title: INDONESIA: Djago, the Rooster | 3/10/1958 | See Source »

...symphonic poem, his two symphonies. Such pieces have few of Elgar's faults and most of his virtues: the imaginative orchestration, the mystical harmonies, the broad, marching orchestral drive, and the peaceful lyrical passages, which rise and fall as gently as the rolling English countryside Elgar used to roam for inspiration...

Author: /time Magazine | Title: Music: Musical Kipling | 6/10/1957 | See Source »

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