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Pygmalion. Carolina's benefactor was an Englishman named Robert Wilbraham Fitz Aucher. A vicar's son, Fitz Aucher was a man of great charm and erratic fortune. Three years ago he struck it rich when he sold a rust-proofing process to a Belgian steel concern for close to $1,000,000. After that he expanded gloriously, launching enterprises from Norway to Iran. He did not marry, but brooding on his loneliness, decided to adopt children. He dreamed of being a Pygmalion to some poor Italian girl and transforming her into a perfect English lady. Italian friends sent...

Author: /time Magazine | Title: ITALY: Monster's Child | 4/16/1956 | See Source »

...Myron C. Taylor, 82, chairman and chief executive officer of U.S. Steel from 1932 to 1938, retired as a director after 30 continuous years on the board. Brought in by the House of Morgan in 1927 to scurf the accumulated rust off the company management, Lawyer Taylor, a recognized troubleshooter, did two important jobs for Big Steel. He reorganized its finances to weather the Depression, a decade later reorganized its labor policy to weather the social tides of the New Deal. In 1927-29 Taylor paid off $340 million on the company's bonded indebtedness so that when...

Author: /time Magazine | Title: PERSONNEL: Changes of the Week, Jan. 23, 1956 | 1/23/1956 | See Source »

...Busting Crop. The trouble began to develop two years ago, when Canada exported only 41% of its bin-busting 614-million-bushel wheat crop instead of the usual 55%-60%. Rust and harvesttime rain cut last year's crop to 309 million bushels, but exports again fell off sharply. Britain withdrew from the International Wheat Agreement, India and France began to grow more of their own grain as a matter of national policy, and Argentina, bouncing back from a year-long drought, stepped up its sales in Latin America. The U.S., burdened with a giant surplus...

Author: /time Magazine | Title: BUSINESS ABROAD: Canada's Wheat Crisis | 10/31/1955 | See Source »

...formidably calm about a D-day as unnerving as any faced by that old rust-bucket, U.S.S. Caine - the publication this week of his latest novel, Marjorie Morningstar. Months ago, Fellow Author J. P. Marquand warned: "The critics will be waiting for you with meat cleavers the next time around...

Author: /time Magazine | Title: Books: The Wouk Mutiny | 9/5/1955 | See Source »

...four years the despondency of devastation settled over the island. On its fields, supplies-stockpiled for an invasion of Japan that never happened-moldered and rotted. Okinawa became "the junkyard of the Pacific," the outpost of the outcasts, the place where old jeeps and obsolete colonels went to rust away under the gentle melancholy of the August moon...

Author: /time Magazine | Title: Foreign News: OKINAWA: Levittown-on-the-Pacific | 8/15/1955 | See Source »

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