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Opening the Way. For the U.S. Northwest, the treaty broadened a vista that first opened in 1792, when Captain Robert Gray, fur trader from Boston, steered the schooner Columbia past the dangerous reefs at the river's mouth and named the mighty stream after his ship. John Boit, fifth mate of the Columbia, wrote prophetically that "This River in my opinion, wou'd be a fine place for to sett up a Factory." The Columbia became a vital artery of the region's fur trade, and then of the salmon-canning and lumber industries, but only...

Author: /time Magazine | Title: The Northwest: Broadened Vista | 1/27/1961 | See Source »

...bushels of soybeans by putting up only 10% of the purchase price. He sold out less than one hour later with a $1,200 profit. A Chicago real estate man invested $4,800, quit within 2½ hours while he was $1,200 ahead. A professional soybean trader made $150,000 in 19 trading days...

Author: /time Magazine | Title: Business: Jumping Bean | 1/27/1961 | See Source »

Briefly cornered by a Financial Post reporter in Toronto's Royal York Hotel last week, Liu denied that China has any further need for Canadian foodstuffs or metals, just the opposite of what Canadian traders had surmised. Last year more than 1,500,000 lbs. of Canadian nickel went to Red China via Hong Kong, and Sherritt Gordon Mines Ltd. shipped another 1,039,800 Ibs. to China directly, boosting Canada's 1960 China trade to $20 million. But in view of China's calamitous crop losses to flood and drought, Ottawa is still betting...

Author: /time Magazine | Title: Canada: More Left-Handed Traders | 1/20/1961 | See Source »

...took his three years of theology at St. Mary's College in Kansas, and was ordained a priest in 1934. A year later he was in Alaska. "I heard him when he first came up the Yukon on a boat in the summer of 1935," says Eskimo Trader John Elachik. "He was singing La Paloma so loud we could hear him way up the river. We thought he was drunk...

Author: /time Magazine | Title: Religion: Maverick Among Eskimos | 1/13/1961 | See Source »

...milk cheese passing as Roquefort. Two months ago the association won a U.S. district court temporary injunction against an importer's "Roquefort" cheese made in Hungary. Last week it won a satisfying victory: a consent decree and damages of $1,250 from San Francisco's famed Trader Vic restaurant for putting Danish blue cheese into Roquefort dressing. "Trader Vic's can afford it," explains the association's boss, New York Lawyer Frank O. Fredericks, "but if most restaurants had to fork up $1,250, they'd have to close their doors. It will serve...

Author: /time Magazine | Title: FOOD: The Bite in Roquefort | 10/24/1960 | See Source »

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