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...invest abroad. For their part, the foreign nations that need and want U.S. investment must encourage it. Having seen what a free economy did for the U.S. in 1954, they can move more surely toward economic freedom by lessening their own restrictions on trade and currency. Said Free Trader Clarence Randall: "The whole world is throbbing with new life and vitality. It is America's destiny to lead this new world for the betterment of all mankind. We must and will measure...

Author: /time Magazine | Title: Sport: BUSINESS IN 1954 | 1/10/1955 | See Source »

...point, she suspected that the local native trader was running a backroom brothel in his shop: behind a curtain, "there was laughter and low moaning and exclamations of surprise and delight." As it turned out. the trader was simply charging admission for a look at U.S. magazines. The Atlantic Monthly "is not worth even one peanut with a worm inside." The New Yorker and Esquire were in some demand. "Sometimes a copy of TIME was acceptable and sometimes it was not. The one sure way to open the cornucopia of the back room was to produce an issue of LIFE...

Author: /time Magazine | Title: Books: Three out of Africa | 11/15/1954 | See Source »

...first G.M. president to make such a grand tour of foreign plants, Curtice rang up good press notices everywhere. Said Britain's Motor Trader in clipped accents: "America could export more of this type of American." Said Berlingske Tidende, Denmark's leading daily, after a Curtice press conference: "It was really felt that here was a magnate who had succeeded in performing the miracle to preserve his soul in company with an annual turnover of 70 thousand million kroner...

Author: /time Magazine | Title: AUTOS: The Battle of Detroit | 11/1/1954 | See Source »

...biggest jump was in mercury, which has soared over 85% from the January low of $187 for a 76-lb. flask. Last week mercury rose another $4 to $6 a flask, causing one veteran trader to complain that "the market's just plain crazy." But there was a reason: producers were not running their mines full tilt to take care of big new demands for the metal (e.g., in the atomic field) for fear that the demand would disappear while they were spending a lot of money expanding. But when the Administration recently guaranteed the producers a fixed market...

Author: /time Magazine | Title: METALS: Climbing Prices | 9/20/1954 | See Source »

...scale of the present-day "New York School" abstractionists, for the pictures measure 7 ft. by 10 ft. and up. All 13 pictures (painted on mattress ticking) were commissioned over a century ago by one George Mastin. a Genoa. N.Y. tailor, farmer, phrenologist violin player and horse trader, who exhibited them, together with his own wares and talents, in barns all over his county...

Author: /time Magazine | Title: Art: BIG COMICS | 9/6/1954 | See Source »

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