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...facilities ($70 million), expansion of the U.S. Government-owned nickel plant at Nicaro ($37 million). The boom shows no sign of slackening. Planned for the future: a $147 million expansion program by a subsidiary of American & Foreign Power Co.. a $75 million nickel-mining operation by a Freeport Sulphur Co. subsidiary. Even tourism, one of Cuba's three top industries, has held up through all the political troubles. For tropical beaches, open gambling and a throbbing night life, an estimated 350,000 visitors will have spent $35 million by the end of this year...

Author: /time Magazine | Title: CUBA: Prosperity & Rebellion | 8/19/1957 | See Source »

...March the General Services Administration agreed to buy up to 271 million Ibs. of nickel from Freeport Sulphur Co. by July 1965, thus giving Freeport incentive to build new nickel-producing facilities in Cuba and a $100 million refinery in Louisiana. Freeport's facilities will produce 50 million Ibs. of nickel annually, of which the U.S. will have the right to take up to 30% for stockpiling. The U.S. also contracted with M.A. Hanna Co. (to open a ferronickel mine in Riddle, Ore., which is now producing 11 million Ibs. a year) and with Canada's Falconbridge...

Author: /time Magazine | Title: CORPORATIONS: Competition in Nickel | 7/22/1957 | See Source »

Frenchmen still agree that the water cure is as much a treat as a treatment. From their beginnings they have resolutely tried to drown their ills-real or borrowed-in the country's 2,500 springs that are laced with such life-giving elements as arsenic, sulphur, carbon, magnesium and uranium. "More than one person sang the praises of wine," wrote French Poet Paul Valery. "I love water...

Author: /time Magazine | Title: Medicine: Gurgle, Gargle, Guggle | 7/8/1957 | See Source »

...result of the decision, businessmen could descry trouble ahead for dozens of big and little U.S. companies. Sears, Roebuck & Co. owns big blocks of stock in such suppliers as Whirlpool-Seeger Corp., Florence Stove Co., and Armstrong Tire & Rubber Co.; Gulf Oil has a 12% interest in Texas Gulf Sulphur, which supplies Gulf with sulphur; Olin Mathieson Chemical has 25.8% of Marquardt Aircraft and 50% of rocketmaker Reaction Motors, for which it is helping develop rocket fuel. And by successfully going back 30 years to trip Du Pont, trustbusters had won the right to try any company for things...

Author: /time Magazine | Title: CORPORATIONS: The $2.7 Billion Question | 6/17/1957 | See Source »

...leading prophet and pressagent. Like all Miller's books, this one contains great jambalayas of jiggery-pokery about everything under the midnight sun, from atomic stockpiling (anti) to Zulus (pro). But the early passages about Miller at Big Sur-wuffling away at the wild waves, sitting in hot sulphur baths, dragging his groceries a mile and a half in a cart-are attractive to anyone with a notion to get away from it all. Unfortunately, into all such private Edens some pilgrims must come, and the Miller reader knows with a sinking heart that each will be a genius...

Author: /time Magazine | Title: Books: Big Sur-Realism | 6/10/1957 | See Source »

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