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...quarter-century, Ottawa approved gas exports to the U.S. of 7.3 trillion cubic feet, an amount that could fuel New York City at present rates for 80 years. The Alberta oil and gas industry, with $200 million tied up in 1,000 capped gas wells, let out a jubilant whoop. Well it might: Canada's new National Energy Board estimated that exports under the four approved licenses will earn $75.5 million a year in U.S. sales by 1963, enough for a significant dent in Canada's chronic trade deficit with...

Author: /time Magazine | Title: CANADA: Giving It the Gas | 4/11/1960 | See Source »

...victory that Macmillan brought off was of the famous kind that made Tories whoop as for Blenheim, Waterloo or Mafeking. "I reckon that 100,000 bottles of bubbly were consumed within an area of four square miles of London," said a nightclub owner after glittering thousands had danced, drunk and cheered till dawn. The staid London Stock Exchange erupted in an exuberant burst of buying as morning-coated brokers shouted bids at lung-top, stood on chairs to make sure their bids were recognized; industrial shares soared 16.1 points for the biggest rise ever recorded in a single...

Author: /time Magazine | Title: GREAT BRITAIN: The Art of the Practical | 10/19/1959 | See Source »

...Francisco Chronicle's Critic Alfred Frankenstein celebrated the acquisition with an unusual whoop of pleasure: "A good case could be made for this as the finest single painting in the Legion's permanent collection...

Author: /time Magazine | Title: Art: REFLECTION OF YOUTH | 3/23/1959 | See Source »

...democratic showcase. A costly industrialization program, crop failures, fluctuating export prices, corruption and administration ineptitude have caused gold and dollar reserves to sink to a scant $100 million. (The nation's trade deficit last year was $120 million.) While the fat cats of the Garcia administration whoop it up at posh Manila gambling joints, 1,360,000 Filipinos (out of a labor force of 8,800,000) are unemployed or underemployed...

Author: /time Magazine | Title: THE PHILIPPINES: Assaulting the Eagle | 2/2/1959 | See Source »

Doing his bit to whoop the boys up for the annual damn-the-Democrats exercises at Lincoln's Birthday fund-raising ceremonies. Republican National Chairman Meade Alcorn polled G.O.P. Senators on how many philippics they could unload at party rallies this year, learned to his mild horror that a bipartisan clerk had mailed one query astray. Bemused recipient of the inadvertent, fire-eating "Dear Frank" appeal: Utah's new Democrat Frank E. Moss...

Author: /time Magazine | Title: People, Jan. 19, 1959 | 1/19/1959 | See Source »

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