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...criticized the flexible support plan on the grounds that "no one has yet proved that farmers will make the economic response to price flexing . . . There is good evidence that most farmers will not. Much of a farmer's costs is fixed and much of his property is in sunk investments, in specialized equipment and skills, which force him to keep right on producing even though the price is falling...

Author: NO WRITER ATTRIBUTED | Title: Professors Vindicated at Nevada and Nebraska | 9/29/1954 | See Source »

...place to pray." Duilio Marcante told some of his friends, and the idea raced through Genoa and far beyond. Hundreds of Italian athletes sent in bronze and copper trophies to be melted down for the statue. The Italian navy and merchant marine offered bronze scrap from Italian ships sunk in World War II, and from one poor woman came a single copper coin. Sculptor Guido Galletti, 61, labored for nearly a year to model and cast a figure eight feet tall to stand on a pedestal ten feet high...

Author: /time Magazine | Title: Religion: Christ of the Depths | 9/13/1954 | See Source »

When it comes to gambling on wildcat stock schemes, Australians take a back seat to few other people. They have tossed an estimated $202 million into 16 oil-exploration companies, although only three have sunk wells and only one (controlled by the California Texas Corp.) has struck oil. They have also invested $22 million in twelve uranium companies, of which only three are producing ore. A speculative boom sent stock prices so high this year that government officials felt compelled to issue warnings against the excesses. Last week the warnings proved wise...

Author: /time Magazine | Title: BUSINESS ABROAD: You Got to Be in It | 8/16/1954 | See Source »

...glimpses a few lines in one of Marian's letters ("Darling, darling, darling, same time, same place, this evening"), and is struck all of a heap by the revelation, it is for a disillusioned schoolboy's reason, not a scandalized adult's. "How could she have sunk so low? To be what we [schoolboys] all. despised more than anything-soft, soppy . . . a subject for furtive giggling . . . No wonder she wanted it kept secret...

Author: /time Magazine | Title: Books: Cow Meets Gentleman | 8/9/1954 | See Source »

...queens builds her nest in the hold of a freighter, but is destroyed when the ship is sunk by naval gunfire. When the other and her brood are traced to the 700 miles of sewer conduit that crisscross beneath metropolitan Los Angeles, martial law is declared, and a jeep-borne army contingent roars in to wipe the things...

Author: /time Magazine | Title: Cinema: The Monsters | 7/19/1954 | See Source »

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