Word: westernism
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Dates: during 1950-1959
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...greatest continuing story of our day is the struggle between Communism and the Western forces of freedom and justice. Sometimes it flares into easily reportable crisis, sometimes it flickers into seemingly monotonous detail. Last week it took a new turn. Into the U.S. flew a man named Frol Kozlov, little known to the world. He is the Soviet Union's First Deputy Premier, the man who runs the internal affairs of the U.S.S.R. when Khrushchev is away, a key man in the cold war. Not long after he began his remarkable visit, TIME decided that he should...
...gives to its many loyal members. (This last Museum, incidentally, especially impresses Dr. Prakash.) If the museums are "art-museums," on the other hand, a general policy of Indian-antiquities-for-the-Indians is followed, with the many excavation sites of India additionally becoming regional museums in time. Western art, on the other hand, is difficult to collect due to the (a) lack of encouragement which the ruling English gave to this sort of thing (b) high prices in today's ultra-competitive art market and (c) reluctance of the remaining Indian rajahs to part with their private collections...
...cultures is a necessity in the most abstract intellectual sense as well as in the most practical. When those two senses have grown apart, then no society is going to be able to think with any wisdom. For the sake of the intellectual life ... for the sake of the Western society living precariously rich among the poor, for the sake of the poor who needn't be poor if there is intelligence in the world, it is obligatory for us and the Americans, for the whole West, to look with fresh eyes...
Operating in the black for the first month this year, the Lehigh Valley Railroad chalked up profits of $87,121 in May v. last May's loss of $284.321. The Norfolk & Western Railway raised its income in the first five months to $19 million with a $4,500,000 profit in May. One exception: the New Haven Railroad (TIME, June 22), which fell deeper into the red in May with a $517,039 loss, its fifth consecutive monthly loss and $150,000 greater than its loss in recession May 1958. To give the railroads hope for even better earnings...
...Envy. When it comes to consumer goods, there is no doubt that the Russians are far behind. The textiles-mostly thick, heavy-textured woolen suits-a"e more impressive for their usefulness against the Russian winter than for their styles, which are clumsy attempts to copy Western designs. The Russian TV sets might have come out of U.S. living rooms (one bore the Russian brand name Admiral). The Russian cars looked like copies of small West European autos...