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Sixth Sense. More than 80 novels, plays and volumes of short stories have made Maugham one of the most widely read writers in the world-and one of the richest. He makes no bones about money and the pleasures it buys: a villa on the Riviera, good cigars, expensive paintings, luxurious travel. As he once put it: "I had no intention of living on a crust in a garret if I could help it. I had found out that money was like a sixth sense without which you could not make the most of the other five." Maugham...

Author: /time Magazine | Title: Books: The Latest Last One | 4/27/1959 | See Source »

...After nine weeks of record-setting races that established the sharply banked track as the fastest in the world-and killed two drivers-officials of the spanking-new 27-mile Daytona (Fla.) International Speedway concluded the track was too fast for the powerful Indianapolis-type cars, indefinitely canceled future events for the class. Conceded Driver Tony Bettenhausen: "There ain't any room for mistakes on that track, no place...

Author: /time Magazine | Title: Sport: Scoreboard, Apr. 20, 1959 | 4/20/1959 | See Source »

Phthisic on the Farm. The telephone has done more than diplomats, clergymen or scientists to knit the world together. Taken for granted by kings and butchers alike, it is an indispensable companion that serves without favor or prejudice. It has reached into every civilized corner of the world-and often brought civilization with it. From its wires spring the words of history in the making, the chatter of daily life. English Novelist Arnold Bennett called it "the proudest and the most poetical achievement of the American people...

Author: /time Magazine | Title: UTILITIES: Voices Across the Land | 2/23/1959 | See Source »

...pushed the employee stock-purchase plan that has made company stockholders out of 45% of A. T. & T.'s employees. In 1927 he opened the first commercial service between New York and London over the radiotelephone circuit, and in 1935 sped the first call around the world-and back-to a vice president sitting only 50 feet away...

Author: /time Magazine | Title: UTILITIES: Voices Across the Land | 2/23/1959 | See Source »

...world-and especially the U.S. -is in the midst of one of history's great oil gluts. The U.S. is swimming in oil, with excess stocks of 781 million bbl.-65 million more than last year. Oil production in Texas and Oklahoma has been chopped back drastically; Venezuela, which sends 20% of its crude production to the U.S., has been forced to reduce production even more. Canadian oil sales are in bad shape, and refinery runs of Alberta crude, which comprises 90% of Canada's oil, are at a new low of 271,958 bbl. daily. Only...

Author: /time Magazine | Title: The Oil Glut: It Can Be Solved in the Marketplace | 4/7/1958 | See Source »

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