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Rhodesia, says the Sunday Times, produces six key commodities for sale abroad: tobacco, sugar, asbestos, copper, chrome and iron. According to the newspaper's careful study of world markets, Rhodesia today "is selling all the asbestos and copper she sold before, around a third of the chrome, almost half the iron ore and a third of the tobacco." Only on sugar have the sanctions worked. As a result, Rhodesia will earn some $150 million this year, selling goods in defiance of U.N. sanctions-goods that enter world markets bearing false bills of origin from other countries...

Author: /time Magazine | Title: World: The Sanctions Busters | 9/8/1967 | See Source »

...reason for this is that antitrust rulings have virtually outlawed "horizontal" mergers (between competitors) and, to a lesser extent, "vertical" ones (with suppliers or customers). As a result, today's merger-minded companies are looking for partners in industries far afield from their own, as in American Tobacco's current negotiations to acquire apparel-making Kayser-Roth Corp...

Author: /time Magazine | Title: Corporations: Double the Profits, Double the Pride | 9/8/1967 | See Source »

Morton claimed that in 1966 Strick man had taken his filter to Louisville's Brown & Williamson Tobacco Corp., which tested the device and rejected it because it was too tightly compacted, as any effective filter might be. Indeed, observed Dr. Ernest Wynder of Manhattan's Sloan-Kettering Institute for Cancer Research, filters that significantly cut tars and nicotine "are so tight that when you smoke these cigarettes you develop a hernia...

Author: /time Magazine | Title: Investigations: Smoking & Safety | 9/1/1967 | See Source »

Still Wynder believes it may be possible to achieve a significant reduction of tars by using selected tobacco strains or reconstituted tobaccos along with filters. Another medical witness, Dr. George E. Moore, director of Public Health Research in New York State, told the subcommittee, "It is possible to make a less hazardous cigarette-very substantially less...

Author: /time Magazine | Title: Investigations: Smoking & Safety | 9/1/1967 | See Source »

...Film Flam Man. Deep in tobacco country, a burned-out grifter (George C. Scott) is shoved from a moving freight car. A young drifter (Michael Sarrazin) dusts him off and helps him to his feet. The two quickly discover that they have some things in common-cunning and duplicity. The grifter is the Flim Flam Man, a wheezy, sleazy slicker who for half a century has taken yokels with potency pills, crooked cards and his smooth Mason-Dixon line. The drifter is AWOL from Fort Bragg, and hungry. Scott proposes a merger, and the two are soon fast-shuffling their...

Author: /time Magazine | Title: Cinema: Conned Goods | 9/1/1967 | See Source »

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