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...pain were heard in Britain itself. The government last week raised the price of nonferrous metals and of such humble objects as pots & pans. The first predictions of a 5% cost-of-liv-ing rise shot up to 10%. The trade unions were having Sir Stafford Cripps on the carpet, demanding wage boosts. The Tories charged that devaluation could have been avoided but for the Socialist government's mismanagement; Laborites replied that it was not so, asserted that they had devalued rather than cut Britain's welfare program and permit unemployment. Said one Labor leader: "The government preferred...

Author: /time Magazine | Title: ECONOMICS: Pain | 10/3/1949 | See Source »

...snapped to attention for the Germans. Waiting in a drawing room were the high commissioners: the U.S.'s cagey, hard-driving John J. McCloy, France's scholarly, elegant André Francois-Poncet, Britain's shy, gruff General Sir Brian Robertson. Facing the commissioners across a red carpet, Adenauer announced formally that he had formed his government. In a brief speech he paid tribute to the Allies' help to Germany, expressed the hope that Germany would soon get greater autonomy...

Author: /time Magazine | Title: GERMANY: HICOG with a Horn | 10/3/1949 | See Source »

...fresh way of seeing things and a gift for getting them down on paper. Scottie's world was a cheerful place where everything fell into intricate designs of delicately colored ink. Strange and luxuriant plants spread across his drawings with the spontaneous elaboration of a Persian carpet; forms, half-vegetable, half-animal, grew out of each other like coral in a submarine grotto; funny little birds, fish and gargoyles were as minutely detailed as fingerprints...

Author: /time Magazine | Title: Art: Scottie's World | 9/19/1949 | See Source »

...many businessmen might blink at the narrow control in some industries not usually mentioned in the same breath with aluminum or tobacco. Carpetmakers, for example, were dominated by four firms, Alexander Smith & Sons, James Lees & Sons, Bigelow-Sanford and Mo hawk Carpet, which owned 57.9% of the industry's productive facilities. National Biscuit Co. controlled 46.3% of all net capital assets in its industry in 1947. Armstrong Cork owned 57.9% of all the land, buildings and equipment in the linoleum industry. "Two giant organizations virtually preempt" the making of tin cans, charged the FTC report, with American...

Author: /time Magazine | Title: CORPORATIONS: The Giants | 9/5/1949 | See Source »

Eddie yelled, "What in the world goes on here?" Then Ruth shot him. The bullet tore through his right lung, stopped near his spine. Eddie rolled onto his back on the carpet, looked up with a shocked smile and whispered: "Baby, what did you do that for?" Ruth knelt and held his hand. "You like this, don't you," Eddie murmured. Ruth called the telephone operator and said she had shot...

Author: /time Magazine | Title: CRIME: Silly Honey | 6/27/1949 | See Source »

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