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...hell are Sinclair Lewis, William Faulkner and Ernest Hemingway, anyway? Merely Nobel Prizewinners who have written sentimental slop . . . And Steinbeck-pooh ! A lowly proletarian who drips grief over his characters. Then there's James Gould Cozzens, awarded the Pulitzer Prize, whose quoted utterances reflect flashes of his own many-faceted snooty character. Sex. "What's a woman for?" "The thing you have to know is yourself; you are people." And so, his stable of characters, I suspect, is a hash-up of his own personality...

Author: /time Magazine | Title: Letters, Sep. 23, 1957 | 9/23/1957 | See Source »

...books. The truth is, we don't deserve it." Cozzens regards most of his fellow writers as softies. Says he: "The Old Man and the Sea could have run in Little Folks magazine. Under the rough exterior of Hemingway, he's just a great big bleeding heart. Sinclair Lewis was a crypto-sentimentalist and a slovenly writer who managed a slight falsification of life in order to move the reader. Faulkner falsified life for dramatic effect. It's sentimentality disguised by the corncob. I can't read ten pages of Steinbeck without throwing up. I couldn...

Author: /time Magazine | Title: Books: The Hermit of Lambertville | 9/2/1957 | See Source »

...procession of economists, financiers and assorted experts testifying in Washington on the course of the U.S. economy. Commerce Secretary Sinclair Weeks added his bit last week. Secretary Weeks's appraisal: "Spotty." He was worried about inflation's steady spiral, which pushed living costs to an alltime high in June (see NATIONAL AFFAIRS). Yet the economy seemed well able to absorb the high prices-at least for the moment. In 1957's second quarter, the gross national product climbed to an annual rate of $433.5 billion, some 5% more than last year; half the gain...

Author: /time Magazine | Title: STATE OF BUSINESS: Another Voice | 8/5/1957 | See Source »

...Edward N. Gadsby, 57, was nominated to fill out the remaining term (until June 5, 1958) of Securities & Exchange Commission Chairman J. Sinclair Armstrong, who has resigned to become Assistant Secretary of the Navy for finance. A conservative New Englander (Amherst, '23), SECommissioner Gadsby worked for New England Telephone & Telegraph Co. before turning to the law (New York University, '28) and a ten-year berth in the Manhattan law firm of Rushmore, Bisbee & Stern. Moving back to New England, he practiced privately in North Adams, Mass. until 1947, when he became a Massachusetts commissioner of public utilities. Though...

Author: /time Magazine | Title: PERSONNEL: Changes of the Week, Jul. 15, 1957 | 7/15/1957 | See Source »

...Eastern first asked FPC permission in 1954. But the FPC ruled that the Texas Eastern products line would benefit the public by stimulating competition, even though it might hurt the barge business. Already big Midwest refiners are seeking ways to use the proposed Chicago spur to their profit, while Sinclair, Texas and Gulf are talking about a similar products line to be constructed next year from outside Philadelphia to Cleveland. In addition, Texas Eastern got FPC permission last year to spend $74.7 million on a 422-mile line south from near Beaumont, which will soon bring in the first major...

Author: /time Magazine | Title: UTILITIES: Growing by Inches | 7/1/1957 | See Source »

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