Word: rothschild
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Many immigrants are still the tired, the poor, the huddled masses whom the Statue of Liberty traditionally welcomed to New York Harbor. But the newcomers disembarking at Kennedy Airport or Miami or Los Angeles also include the successful. Baron Guy de Rothschild, for example, recently took refuge in New York City from the vagaries of French Socialism. Australia's publishing tycoon Rupert Murdoch, who has made a deal to buy seven television stations in the U.S., announced in May that he would become a U.S. citizen. The roster of Soviet immigrants includes not only the black-garbed babushkas huddled over...
TIME's food critic Mimi Sheraton secured a bottle of new-vintage Coca-Cola, currently scarcer than a 1934 Mouton-Rothschild, and tasted it against old- style Coke and Pepsi-Cola. Her report...
...exceptionally sunny weather during harvest, particularly in the crucial month of September. Says Steven Spurrier, a Paris wine merchant: "In 1982 the growers almost couldn't believe their eyes." Alas, prices for the exceptional wines are also spectacular. The cost of a premier grand cru like Chateau Lafite-Rothschild '82 is nearly $58 a bottle (compared with $45 for the 1981 vintage), and even humbler chateaux like Prieure-Lichine are selling for $15 a bottle...
Heavy American demand for the 1982 wines is responsible in large part for the inflated prices. Sherry-Lehmann, a leading New York City wine merchant, charged $400 for a case of Lafite-Rothschild '82 when it first went on the market in June of 1983. The price is now $699, and it will go up to $768 on April 15. Spurrier, though, thinks that the speculative bubble will eventually burst and that 1982 prices will fall. Says he: "The public simply won't pay this. I think that a crash is inevitable...
...they simply drop by the neighborhood tanning salon, cozy up to a bank of ultraviolet lamps and emerge looking as if they have just returned from Hawaii. "The ordinary person who can't afford a vacation can get a lasting tan for a fraction of the money," says Martin Rothschild, president of Rothschild Sunsystems in Albany. "It used to be just movie stars and captains of industry who looked good. Now a lot of ordinary people are beautiful...