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Darkness & Manure. Early in his reign, Yadavindra had pensioned off the young princes' mothers. Except for one or two of the sons who had gone off to take honest jobs (one as a cement salesman), the princes preferred to stay on, puttering uselessly around their palace, complaining about the measly allowance ($85 a month) given them by the state, and explaining that they had lived in idleness too long to be expected to work. Two months ago, when the Indian tax bureau offered to buy the princes' palace as a new headquarters for itself, Yadavindra jumped...

Author: /time Magazine | Title: INDIA: The Prince & the Drones | 7/16/1956 | See Source »

While the U.S. could take some satisfaction from seeing Communism boring into itself from within, there were other great issues that sorely needed presidential tending in the free half of the world. Priority for Ike during the weeks ahead: 1) restoring the cement and the feel of Western unity, 2) framing something better than the U.S.'s day-to-day policy in the Middle East, 3) articulating a world economic policy to fit, in today's international framework, the funds to be voted by Congress (see The Congress) for foreign...

Author: /time Magazine | Title: THE NATION: The World Changes | 7/9/1956 | See Source »

...Fast. In one respect Menderes' boldness betrayed him. After coming to power he embarked upon an economic program designed to transform Turkey overnight into a modern industrial nation. All over the country power plants, steel mills, textile mills, cement-making factories began springing up, and work was begun on new roads, new irrigation projects and big harbors. To do this Turkey went head over heels into debt, mostly on short-term credits at unfavorable terms. Worse, many of the new projects proved to have been ill-planned, e.g., sugar factories where there were no sugar beets...

Author: /time Magazine | Title: TURKEY: Afraid of Criticism | 7/9/1956 | See Source »

...Cement: 113,100,000 bbls. v. 58,700,000 bbls. for road work...

Author: /time Magazine | Title: Business: The Great Road | 7/9/1956 | See Source »

...product development to fit other companies' requirements. Even corporations with their own big laboratories often hand over research projects to scientific contractors such as Boston's famed Arthur D. Little Inc. (1955 gross: $11 million), whose 800-man research staff has developed products ranging from rubber cement to a better instant coffee. Research is also farmed out to nonprofit institutions and universities, which, before World War II, had a virtual monopoly on basic research...

Author: /time Magazine | Title: Business: $5 Billion Investment in Abundance | 7/9/1956 | See Source »

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