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...control of Toledo's Air-Way Electric Appliance Corp. (vacuum cleaners). Lamb teamed up with ex-Attorney General J. Howard McGrath, began buying Air-Way stock last spring to gain control. When the management found out about the plan, it tried to merge with Manhattan's Firth Carpet Co., but Lamb blocked the deal. Then Lamb went to court and forced the company to call a special shareholders' meeting to consider adding ten Lamb backers to the company's nine-man board of directors...

Author: /time Magazine | Title: CORPORATIONS: Innocent Lamb? | 11/29/1954 | See Source »

...square miles, 4,000,000 population), which was put together in 1948 from lands formerly ruled by princes and maharajas. After a day's stint in his bare lawyer's office, Dhebar goes home to his bare, two-room dwelling, only one room of which has a carpet. Dhebar squats on the carpet and listens to the peasants, also squatting there, who have come to tell him their troubles. In this way, U. N. Dhebar has gained an encyclopedic knowledge of the poor people's problems. Though an ascetic, Dhebar is also a fighter. He scraped...

Author: /time Magazine | Title: INDIA: Nehru's Choice | 11/22/1954 | See Source »

...literary world of elves, trolls, pixies and wizards is a victim of technological unemployment. Science fiction, with its flying saucers and its legions of Martian midgetmen, has just about monopolized the literature of fantasy. But two new books roll out the old-fashioned magic carpet. The Visionary Novels of George Macdonald (containing two stories, Lilith and Phantasies) are by a 19th century Scottish Presbyterian who deserted the pulpit for the pen, and The Fellowship of the Ring is by J.R.R. Tolkien, a pipe-smoking, 20th century Oxford philology professor. Both books are fashioned as fairy tales for adults, and fueled...

Author: /time Magazine | Title: Books: Weirdies | 11/22/1954 | See Source »

...first story, by James Buechler is written in the idiom of an Italian laborer. Had it been done poorly, the prose might have spoiled the treatment of a simple mind confronted by the mysterious, in this case a motorcycle. To Pepicelli, the machine becomes a sort of magic carpet or Genie, and escape from a stolid, unromantic wife. But the motorcycle is not only an escape, it is an end in itself, it becomes his mistress, and in the end it and Pepicelli disappear down the street, never to return...

Author: By Edmund H. Harvey, | Title: The Advocate | 11/19/1954 | See Source »

...have hope leaped to his feet. He announced to the scandalized grinds that he was off to photograph Debbie Reynolds, movie star and all that. Entranced, I slipped into an Oxford button-down, seized my sketchbook, and raced off to the Hasty Pudding, where they had the red carpet rolled all the way up to the Hayes-Bickford trash cans. Presently a thirty-foot Harvard limousine with flying bridge and machine guns drew unobtrusively to the curb, and a crowd of Metro-Goldwyn-Mayer publicity agents piled out and began shaking hands...

Author: By David Royce, | Title: Some Enchanted Tea Time | 11/17/1954 | See Source »

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