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Although both the United States and Russia are naturally wealthy nations, the allocation of Iranian petroleum becomes a prime consideration when one country wants to conserve its oil and another attempts the upkeep of a large military machine. Any Russian entrenchment in northern Iran comes as an economic and strategic threat to the Anglo-American interests in nearby Arabia. Besides giving the Soviet Union sufficient oil to maintain the ambitions of the Red Army, the plan for twenty-five years of Russian exploitation would weaken Allied control of the Iranian government and weaken the entire Anglo-American position...

Author: NO WRITER ATTRIBUTED | Title: Bubble, Bubble, Oil and Trouble | 10/2/1947 | See Source »

From all over the Colonies and from England came gifts of books from scholars, preachers, writers. The library doubled in size every 20 years. Today, as "trustee for the learned world" (as it likes to call itself), Harvard's library spends more money a year on the upkeep of valuable but out-of-the-way bequests than it does on books that its undergraduates use. For the searching scholar it houses shelves full of irreplaceable documents on the Italian Risorgimento, Congo dialects, cooking and the privately printed pornographies of Mark Twain. Some of its treasures haven't been...

Author: /time Magazine | Title: Education: Buried Treasure | 8/4/1947 | See Source »

Endowments totaling $162,000,000 are playing an increasingly important role in the upkeep of the University, Edward Reynolds '15, administrative vice-president of the University, told a meeting of alumni at the Harvard Club, convention in Milwaukee Saturday...

Author: NO WRITER ATTRIBUTED | Title: $162,000,000 in Endowments Play Major Role in University's Upkeep | 5/20/1947 | See Source »

...Washington, the U.S. Government regretted the incident too. The Army finds the upkeep of remote Roberts Field a nuisance that it would gladly be quit of. The State Department emphatically disagrees. It believes that the airfield should be maintained, just in case. It fears that Britain or France might gladly take over the job of running the field if the U.S. pulled out. Both regard U.S. influence in Liberia with discreet but definite displeasure. The State Department still hopes to get Army funds for keeping up the field. Still greater hopes are pinned on the Navy, which is building port...

Author: /time Magazine | Title: LIBERIA: Illogical | 5/12/1947 | See Source »

...billion of unsold surpluses on hand. But he did not think much of this could be sold. His chances of selling much of what's left seem so poor that he plans to ask Congress to let him give it to public schools, or scrap it to save upkeep costs...

Author: /time Magazine | Title: Cream Skimmed | 5/12/1947 | See Source »

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