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...with any bold architectural venture, the results have often met with a mixed critical reaction. Eero Saarinen's Oslo embassy (opposite) has been warmly praised, while his nearly completed London embassy, which combines traditional Portland stone with straw-colored aluminum trim, has been sharply taken to task for being too brash and bright. In New Delhi, Edward D. Stone adopted the form of an Indian temple and wrapped it with a lacy grille that lights up like a jewel box at night. The New Delhi embassy has been so widely admired that it now stays open on Sundays...

Author: /time Magazine | Title: National Affairs: NEW FACE FOR AMERICA ABROAD | 7/11/1960 | See Source »

Among all the speculators in stocks, no one, day in and day out, takes greater risks than John Aloysius Coleman, 58, a trim, broad-shouldered Irishman with the saturnine look and sad eyes of a bloodhound. He is a stock specialist and is required by the New York Stock Exchange to "make the market" and help stabilize prices in the 52 stocks he specializes in. This means that he must often buy a stock, whatever its price and prospects, when the majority of investors want to sell, thus keep it from dropping too much. He must also sell stocks when...

Author: /time Magazine | Title: Business: The Speculator's Speculator | 7/11/1960 | See Source »

...carnival-like displays around the nation, was giving away cokes, ice cream and balloons to kids who brought their mothers to the fair (next week, the kids can trade their mothers for space helmets). Whirlpool has cut distributor prices 6% on some refrigerator models. General Electric has stripped trim off other models to sell them as cheaper "economy specials." The industry was hustling as quickly as it could to move its oversupply of goods...

Author: /time Magazine | Title: Business: Bargain Day in Appliances | 7/4/1960 | See Source »

Sanzo Nozaka, 68, chairman of the Japanese Communist Party. A trim, dapper theoretician who learned his Marxism in Moscow, Nozaka was educated at Tokyo's Keio University, joined the Reds during a 1920 visit to Britain, where he studied under Clement Attlee at the London School of Economics. Deported, he returned to Japan and was in and out of jail until 1931, when he fled to Russia with his wife and became an executive member of the Comintern. In 1943. Nozaka was sent to join Mao Tse-tung in the Yenan caves as an adviser...

Author: /time Magazine | Title: Foreign News: THE MEN BEHIND THE MOBS | 6/27/1960 | See Source »

...practice, the world's finest golfer looked unbeatable. Tanned and trim, Arnold Palmer (TIME Cover, May 2), spent hours perfecting his power off the tee, sent shots that seemed to soar forever in the rarefied, mile-high air of the Cherry Hills Country Club outside of Denver. On the greens, the 30-year-old Palmer had the same gentle touch that had brought him from behind in April to win the prestigious Masters, give him a big lead as the year's top money winner. Ready to turn Cherry Hills into a pitch-and-putt course, Palmer...

Author: /time Magazine | Title: Sport: Comeback at Cherry Hills | 6/27/1960 | See Source »

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