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...year -and then pay it off by hard work at varying rates of up to 35? an hour. The rates depend on quality of work, says Anderson, who uses such gauges as "being punctual on a job, following instructions without grumbling, and care of tools." Sloppy work can slash the pay to a loss per hour...

Author: /time Magazine | Title: Schools: Pay As You Work | 1/4/1963 | See Source »

...days of free-spending princes and corrupt politicians may be on the way out in Saudi Arabia. The oil-rich royal family, which has always loved its air-conditioned Cadillacs and lavish trips to Paris, got word last week of an austerity drive that will slash its private income by 20%-from $56 million to $45 million-with promises of more cuts to come. "The government's getting honest," said a surprised Saudi businessman. "We used to add 50% to all bids to cover the payoff. Now it's dropped to 10%-or maybe a little more, just...

Author: /time Magazine | Title: Saudi Arabia: New Deal in the Desert | 12/21/1962 | See Source »

...film was shot in Arizona, and frame after frame is crammed with some of the most magnificent scenery on the planet. What's more, the hunting scenes-notably one in which an old wolf elegantly cuts a calf out of its herd and then leaps in savagely to slash its hamstrings-have the beauty and the horror that inevitably attend a blood rite...

Author: /time Magazine | Title: Cinema: Big Bad Wolf | 12/14/1962 | See Source »

...Pittsburgh last week the Allegheny Ludlum Steel Corp., largest U.S..producer of stainless steel, lopped 2% off its prices on key grades "to make ourselves competitive." Coming hard on the heels of a recent 12% price slash by California's Kaiser Steel Corp.. which virtually eliminated the historic differential between Eastern and Western steel, and last month's sharp reductions (as much as 19%) in posted prices by the Aluminum Co. of America, the Allegheny Ludlum move was the latest evidence of a general softening in the prices of industrial materials. According to the Labor Department...

Author: /time Magazine | Title: State of Business: Slicing Prices | 10/19/1962 | See Source »

...cent camel hair wool blazer. This natural shoulder model with three pearl buttons and flap pockets sells for $69.50. Topping off a three piece camel ensemble is a handsome cotton or heek suede outerwear jacket with up sleeves and a full sherpa lining. The shawl collar, raglan shoulder, slash pockets, and leather buttons light this imported jacket from mark. It comes in old gold and olive and is priced at only...

Author: By Susan M. Rogers, | Title: The Clothes Horse | 10/13/1962 | See Source »

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