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Rules of the Road. It was another typical day on Yankee Station, the patch of the 45,000-sq.-mi. Tonkin Gulf from which U.S. Task Force 77 launch es its air strikes on North Viet Nam. Ever since the 33-ship force arrived, it has been tailed by one or another of the snoopy Soviet trawlers. Equipped with sophisticated electronic gear, the Russian "skunks" (as they are pungently known in Navy parlance) keep a close watch on U.S. air operations, flash their information to beleaguered Hanoi, and do their best to monitor the radars and radios of American ships...
...deal arranged by E.R.A.P. Chief Pierre Guillaumat, 57, a longtime De Gaulle lieutenant, E.R.A.P. will search for new oil reserves over 85,000 sq. mi. of Iranian desert and offshore tracts in the Persian Gulf. The French twist is that E.R.A.P. will operate as a contractor to Iran rather than a concession-holding partner. Instead of splitting earnings with the host country on a 25-75 basis, as most major international oil companies do, France will turn over half the oil reserves it finds to Iran, in return for rights to pump out as much as 45% of the rest...
...Manufacture des Gobelins. In an old blackened building on the outskirts of Paris whose tradition dates back to the 15th century, they keep 17 high-warp looms busy, moving their shuttles by hand much as their forefathers did in the Middle Ages. Production is slow, averaging only 20 sq. ft. per weaver annually, but the tapissiers know that what they turn out is recognized throughout the world as the finest in tapestry...
...Phillips turned to Libya after dropping the usual string of names and introductions, was soon in conference with King Idris working out an oil concession. Phillips' original 3% interest in the 9,000-sq,-mi. concession has been lost to sight in a series of transfers. The concession is now held by W. R. Grace & Co. and Sinclair Oil, and the field operator is Standard Oil of New Jersey. None of these companies deals directly with Phillips, but he is believed to be drawing from $100,000 to $200,000 annually from royalties on the Ra-guba well, which...
Siesta & Small Talk. The project all began, Hartmann said, three years ago, when the architects decided that the 85,000-sq.-ft. Civic Plaza called for "an important piece of sculpture." Why not go right to the top, approach Picasso? Armed with models of the building and photographs of Chicago, Hartmann descended upon the artist's villa at Mougins on the French Riviera. Though Picasso had never been to Chicago-or, for that matter, to the U.S.-he delightedly recognized pictures of Carl Sandburg and Ernest Hemingway. "Mon ami Hemingway," he exclaimed, then explained that he had taught...