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They bought up as many small electrical companies as they could, poured 10% of earnings into research and set out to sell to industry, the government, and to the French consumer - who is fondly referred to as "Monsieur Tout-le-monde" (Mr. Average Man). But its forced growth came close to being fatal. When the French government suddenly cut back military orders as a deflationary move, Thomson found itself overexpanded. Control of the new acquisitions was so loose that the result, recalls one Thomson executive, was "anarchy...

Author: /time Magazine | Title: Business: Thomson Sounds Good | 5/11/1962 | See Source »

...Marshal Tito and Indonesia's mercurial Sukarno, Benkhedda is something of a surprise. Of medium height and medium age (42), diffident in manner, ascetic in habits, with his voice emotionlessly level and his expression forever veiled by dark glasses, Benkhedda resembles his nickname of M'sieu Tout le Monde (Mr. Every body). No flag-waving Moslem mob has ever ecstatically screamed his name. Ben khedda came up through the ranks of the F.L.N. as a machine-minded organizer...

Author: /time Magazine | Title: World: The Brothers | 3/16/1962 | See Source »

...high quality of the goods Matsushita sends abroad is helping to erase the old image of Japan as a producer of cheap junk. In dramatic evidence of the changing international reputation of Japanese goods, New York's Macy's last week took full page newspaper ads to tout Matsushita's "worldwide reputation for finest quality, finest performance," and to boast that it had the U.S.'s first stock of his new Panasonic portable television sets. Like other Japanese industrialists. Matsushita finds the U.S. and Canada his best customers. Latin American countries are becoming increasingly important...

Author: /time Magazine | Title: Business Abroad: Following Henry Ford | 2/23/1962 | See Source »

...subfreezing temperatures do little to cool the enthusiasm of the hardy horse players who jam West Virginia's Charles Town Race Course each day during the long winter: 30,000 were on hand last week. Pockets bulging with Mason jars of moonshine, Shenandoah farmers huddled over their tout sheets; Baltimore businessmen traded tips with pin-striped Washington politicians. For hundreds of other two-buck bettors from New York and Philadelphia, the day at the races had begun at 6 a.m., when they boarded special buses for a five-hour trek to the track...

Author: /time Magazine | Title: Sport: Only Wheel in Town | 1/19/1962 | See Source »

...much-harried racing tout who "manages" Gobel, Sam Levene plays Sam Levene-and is a welcome comic relief. His eyes are poached eggs that have seen the rise of a thousand false dawns. And with the underworld on his shoulders, he can give Atlas shrugging lessons. But Sam can't sing either...

Author: /time Magazine | Title: Theater: Three Men on a Hearse | 10/20/1961 | See Source »

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