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...forbidding Ahaggar mountains in the central Sahara, prospectors have found samples of gold, platinum, nickel, tin, chromium, asbestos, tungsten, uranium, copper, and one small diamond. But the area is separated from the nearest port by 1,400 miles of sand-swept desert trails. Admitted the French government's mining boss in Algeria, Turquet de Beauregard: "Even if we discovered a mountain of pure iron down there, it would not pay to ship it. So we have to look for very precious ores, such as platinum and uranium, which would be worth sending by plane...

Author: /time Magazine | Title: BUSINESS ABROAD: Gold from Sand | 7/1/1957 | See Source »

Detroit Tintype. Faulkner's advice was as starkly frank as his methods. He cautioned one student writer not to slip into a grey flannel suit and measure out his life in installment plans. "Do you want a piece of tin from Detroit and a $30,000 pile of bricks in the suburbs?" he demanded. "If you do, you should get a load on every night. Isn't that a hell of a goal?" Television and the movies have their uses. Faulkner conceded, since they are "a simple way to get a paycheck and have nothing to do with...

Author: /time Magazine | Title: Education: Resist the Mass | 6/3/1957 | See Source »

...hoped to gain working control of the company by buying the 224,938 shares of stock held by President Hyman Marcus, who moved up to become board chairman. They also hoped to raise $2,000,000 to refinance the shaky corporate empire (23 subsidiaries manufacturing everything from candy to tin cans). But the team raised only enough to buy 60,000 shares. Last week, for the second time in seven weeks, ailing U.S. Hoffman got a new transfusion. The donor : Harold Roth, president of Continental Industries, Inc., a vending-machine manufacturer and distributor...

Author: /time Magazine | Title: CORPORATIONS: New Transfusion | 5/27/1957 | See Source »

...Sick of seeing his team tied like a tin can to the tail of the American League, the Washington Senators' President Calvin Griffith tried an old-fashioned remedy: he fired the manager. Chuck Dressen was relieved of his squad of second-raters, offered a front-office job, and replaced by Senator Coach Cookie Lavagetto. Said Cookie: "This is sickening." Said Chuck: "This is baseball...

Author: /time Magazine | Title: Sport: Scoreboard, may 20, 1957 | 5/20/1957 | See Source »

...being eaten, the Middle African man-in-the-bush was for the most part unaware of the rich potential of the land beneath his feet. There, waiting to be found by the white man, were some of the earth's greatest stores of precious gems, iron, coal, gold, tin, copper and tungsten for the dawning age of electricity, pitchblende from which the minerals of the atomic age would one day be refined, and scores of other metals...

Author: /time Magazine | Title: Middle Africa: Cradle of Tomorrow | 5/20/1957 | See Source »

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