Word: traders
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Dates: during 1950-1959
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NIKITA Khrushchev's latest sidekick and fixer is an enigmatic Armenian who is Soviet Communism's big-time businessman. To find out all it could about Trader Mikoyan, TIME tracked down men who had bargained with him from Hong Kong to Marseille, ranging from U.S. ambassadors to Germans who dealt with him during the days of the Hitler-Stalin pact. One of the directors of Rome's Armenian Pontifical College insists that Armenians everywhere, Communist or antiCommunist, generally admire him as a "man with a head on his shoulders." Diplomats, defectors, Russian specialists in ten capitals from...
Mikoyan, the Kremlin's agile Armenian, has made a career out of guessing right. Among the men who inherited Stalin's tyranny, his is the quickest and sharpest intelligence, and he is the slickest and shrewdest operator. He is the supreme Soviet trader, the one big Bolshevik to show both the talent and the will for business enterprise. As such, he not only organized a $120 billion-a-year retail trade (200 million customers) and a $6.2 billion-a-year overseas business, but in the process achieved an understanding of the wider world of trade and global politics...
...came when Trader Mikoyan's supreme assurance broke down. In the last months of Stalin's life, Mikoyan's name was mentioned in connection with the mysterious "doctors' plot"; in his famed secret speech to the 20th Party Congress, Khrushchev said that Stalin then scathingly "characterized Molotov and Mikoyan" and "evidently had plans to finish them off." After negotiating a trade agreement with one Scandinavian nation, Mikoyan had become a close acquaintance of the country's ambassador, who entertained him frequently. In their family circle Mikoyan relaxed and played parlor games. But in that winter...
...Asian." The last of the old Stalin gang to surrender his Kremlin apartment (he moved out grumblingly in 1955), Trader Mikoyan no longer goes daily to any of his Moscow offices. Though trade is so basic in his background that it is primarily still his responsibility, he has graduated from the management of domestic enterprise to become Khrushchev's senior adviser and fixer. "He has no strong beliefs," says one longtime British observer. "He operates against a background of Marxism the way a Western politician operates against the background of Christianity." Mikoyan once said to a friend...
...peer started life "Dressin of skins for briches & glovs," would probably never have grown too big for his briches had he not spent every penny of his savings buying up U.S. "Continentals" and state securities-and harvesting a fortune when the infant Congress decided to redeem such "trash." Yankee Trader Dexter's finest feats included selling 42,000 warming pans and cargoes of mittens to the warm West Indies and, on the solemn advice of a practical joker, shipping a large quantity of coal to Newcastle. The warming pans were used as ladles in a sugarmaking factory...