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Elgin hopes that the spring will help it recapture a big chunk of the $400,000,000-a-year U.S. watch business from the fiercely competitive Swiss. Under President Thomas Albert Potter, 63, Elgin has come a long way since he left Quaker Oats Co. in 1932 to take over the depression-sick company. By 1940 Elgin was the biggest U.S. watch company. But during the war, the three big U.S. jeweled watchmakers (the other two: Hamilton, Waltham) switched to war work. With them out of the business, the Swiss boosted their U.S. sales almost 300% to about...

Author: /time Magazine | Title: Business: Wind-Up | 3/17/1947 | See Source »

...Chamizal. Mexico also hoped to discuss an old Rio Grande boundary question. El Chamizal (see map) lies within the city limits of El Paso-some 83 blocks, worth about $3,000,000. In 1911 a Canadian arbitrator awarded Mexico, which already held a portion of the north bank, a chunk of the disputed area. The U.S. turned down his verdict and stood on the boundary of the river's present banks...

Author: /time Magazine | Title: MEXICO: The Visitor | 3/3/1947 | See Source »

Along this same corridor lies a chunk of Rumania. Since last summer, Russians have been arriving in large numbers. Rumania's vital Black Sea port, Constanta, now has some 50,000 of them-as many Russians as there are Rumanians. They have their own schools, shops, theaters and restaurants. In most Rumanian cities King Michael's photo is flanked by those of Rumanian Premier Petru Groza and Soviet Premier Joseph Stalin; in Constanta bars, shops and hotels, Stalin's photo gets the center...

Author: /time Magazine | Title: THE BALKANS: Drang | 2/24/1947 | See Source »

India, moreover, slightly inebriated by the scent of independence in the air, wants payment to the last rupee. They ask that a large chunk of the debt be paid off at once, another chunk by 1950, and the rest...

Author: /time Magazine | Title: Foreign News: Whose Mercy? | 2/17/1947 | See Source »

Although the primary purpose of the current Byrd and Rome expeditions is scientific, Professor Rice sees the southernmost continent as more than just a chunk of ice which can "tell us something about the structure of the earth...

Author: NO WRITER ATTRIBUTED | Title: 'Weekend in Antarctic' May Soon Lure Future Escapists Southward for Frigid Tourist Jaunt | 2/11/1947 | See Source »

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