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...short, everything depends on foreign aid. India, with the world's second-largest population (380 million, v. 600 million in China) and seventh-biggest area (1,300,000 sq. mi.), is an international giant. In a vast belt running across four of its northeastern states lie an estimated 20.8 billion tons of iron ore and 26 billion tons of coal. Indian steel production last year was 1,900,000 tons (v. Red China's 4,000,000 tons). Indian exports-manganese, tea from Assam, jute from Bengal and cotton cloth from Bombay and Madras-will earn about...

Author: /time Magazine | Title: INDIA: The Flabby Giant | 12/9/1957 | See Source »

AVIATION Boeing's New Jet United Air Lines, the nation's second-largest carrier (first: American Airlines), took another step into the jet age. Last week it ordered ten Douglas DC-8 long-range and eleven new-type, Boeing 720 medium-range jet aircraft to be delivered in 1960. Total cost: $100 million, to be added to the $175 million worth of DC-8s ordered for delivery in 1959. To finance the new jet order, United got an additional $100 million in credit from a syndicate of 36 banks headed by Manhattan's First National City Bank...

Author: /time Magazine | Title: AVIATION: Boeing's New Jet | 12/2/1957 | See Source »

...Emerson Foote, 50, who resigned nine months ago as executive vice president of McCann-Erickson Inc., the world's second-largest ad agency (first: J. Walter Thompson), returned to advertising as chairman of Manhattan's Geyer Advertising, Inc. Longtime (26 years) topflight Adman Foote, who left McCann-Erickson (TIME, Feb. 18) "to return to the personal practice of advertising," made a "substantial" investment in Geyer, which ranks 38th in ad billing with bookings of $20.5 million. Self-described as "an overgrown account executive and a frustrated copywriter," Foote will get a chance to work both ends...

Author: /time Magazine | Title: PERSONNEL: Changes of the Week, Oct. 28, 1957 | 10/28/1957 | See Source »

...transportation hub of New Jersey threatened to spin out the best remaining elements in town. Newark's long-entrenched, pie-splitting, five-commissioner government was whirling merrily along, copying notorious Jersey City in petty graft and inefficiency. In despair, big insurance companies (Newark is the U.S.'s second-largest insurance city) took out options on suburban sites, blueprinted plans to take their bulky payrolls out of the city. Then early in 1953, a handful of worried citizens, encouraged by the Newark News, sat down to map a counterattack against apathy and decay. Says President Robert Cowan...

Author: /time Magazine | Title: CITIES: The New Newark | 10/21/1957 | See Source »

...like a candelabra on a dark and muddy battlefield," and make their dispatches understandable to "the milkman in Omaha." They do not do all of these things all the time, but in 50 years of shooting for those mixed objectives, they have made the U.P. the world's second-largest and most enterprising wire-news merchant, and the shirtsleeve college for thousands of U.S. newsmen. For a profile of hardfisted, bustling U.P. on its golden anniversary, see PRESS, The First Half-Century...

Author: /time Magazine | Title: A Letter From The Publisher, Jun. 24, 1957 | 6/24/1957 | See Source »

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