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Colorado is a state of vivid, sometimes startling, contrasts. Thousands of miles of its flatlands are rich with the emerald green of winter-wheat shoots; other thousands of miles are pasture, dotted with grazing cattle. But the western half of the state is ruggedly mountainous, the steep slopes necked with aspen and capped with snow. Colorado is a land of mining ghost towns and booming oil, gas, missile and atom-research centers. Men in cow boy boots and ten-gallon hats still swing off the cattle trains; but now other men, in Brooks Brothers suits, stride purposefully down the ramps...

Author: /time Magazine | Title: Nation: The Land of Contrats | 10/19/1962 | See Source »

Scions of the Times. Little-known out side its homeland, Bunge & Born is the mightiest trading company south of the Equator and one of the biggest in the world. In Argentina, the company and its subsidiaries handle one-quarter of all wheat exports, manufacture 85% of the nation's tin cans, operate the biggest cotton mill and paint factory, and produce a bewildering variety of other products ranging from drugs to cake mixes. And the Argentine operations are only a beginning: with branches in 80 countries, stretching from Switzerland to Japan and dealing in everything from tallow to steel...

Author: /time Magazine | Title: Latin America: The Beneficent Octopus | 10/19/1962 | See Source »

Indirectly, Bunge & Born got its start in the lyth century, when a merchant family named Bunge (pronounced bungee) began trading in wheat along the Baltic coast. In 1876, when the first immense shipments of grain began to flow to Europe from the Pampas, young Ernest Bunge and his brother-in-law, George Born, emigrated from Antwerp to Buenos Aires and started a branch that soon overshadowed its European trunk. The company expanded even more rapidly under Ernest Bunge's successor, German-born Alfred ("Don Alfredo") Hirsch, who used the grain trade profits to diversify into milling and manufacturing. Since...

Author: /time Magazine | Title: Latin America: The Beneficent Octopus | 10/19/1962 | See Source »

When the project is completed, oil and coal from Oklahoma and bauxite from central Arkansas will move to market bv water. Shippers will save as much as $2.30 a ton on rock phosphate, 13? a bushel on wheat, up to $10 a ton on steel compared to present rail rates. In all, the Corps of Engineers estimates that the rebuilt Arkansas River will carry 13 million tons of cargo at an annual savings of $40 million under train costs...

Author: /time Magazine | Title: Rivers: Competition for the Catfish | 10/12/1962 | See Source »

...said, was "complex and unusual." He blamed intense heat for a poor crop in the vast steppes of Siberia; he gave the same excuse for the virgin lands of northern Kazakhstan, where the harvest would be far below expectations. In the Ukraine, bread basket of the Soviet Union, the wheat crop was "somewhat worse than last year." but party officials hoped to meet their overall grain quota by producing more corn (used for cattle fodder) than last year. The only bright spot that Khrushchev reported was in Great Russia, where a "record" grain harvest was reaped; a record...

Author: /time Magazine | Title: Russia: Complex Means No Good | 10/12/1962 | See Source »

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