Word: moana
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...cinema, its prodigious primitive. He was the first man of film to demonstrate that the merest reality can inspire the highest art. In arctic desolation he evolved the documentary method and at the corners of the earth produced the early masterworks of the tradition: Nanook of the North, Moana, Man of Aran, Louisiana Story. With the perspective of half a century, the works retain their stature, and the figure of Flaherty is magnified in time. In The Innocent Eye, Biographer Arthur Calder-Marshall depicts Flaherty as an extravagant example of an extravagant type: the artist-adventurer. A great shaggy polar...
...sporting-goods shops. It is also Japan's largest distributor of Chrysler Corp. autos and its sole distributor of International Harvester farm and construction equipment. As if all this were not enough, Osano last year bought three of the Sheraton Corp.'s Hawaiian hotels (the SurfRider, Moana, and Princess Kaiulani), thus becoming the largest individual Japanese investor in the U.S. He figures that, after the Japanese government this month lifts its postwar ban on foreign pleasure travel, the travel-loving Japanese will head "like a flood tide" for Hawaii, which, says Osano, "is far enough away for them...
Woolworth's new store, set in modernistic decor (wall murals, blue-green mosaic tile) in the $28-million Ala Moana shopping center outside Honolulu (TIME, Aug. 10), is a far cry from the red-fronted, musty-smelling Main Street fixture known in hundreds of U.S. towns for its notions and knicknacks. It symbolizes the tremendous changes that have transformed a tradition-laden giant into one of the U.S.'s most experiment-minded retailers. Eighty years old this year, Woolworth's has grown from the tiny Pennsylvania "Great 5? Store" founded by Frank Winfield Woolworth into the world...
...cheeked Millionaire Industrialist Henry J. Kaiser jolted the Big Five by plunking down $18 million for an apartment-hotel resort called "Hawaiian Village," starting a $350 million "dream city" in Oahu's Kokohead area. Sheraton Hotels took over four splendid Waikiki Beach hotels, including the Royal Hawaiian and Moana, and made them pay. The venerable Bank of Hawaii brought in a new president from California, Rudy Peterson, and Peterson in turn brought with him such surefire mainland business-getters as charge accounts for credit loans and a factoring system for a growing textile industry...
Boston's bustling Sheraton Corp. took its first step off the North American continent last week. For $18 million, Matson Navigation Co. agreed to sell to Sheraton its four Honolulu hotels: the pink Royal Hawaiian, the porticoed Moana, the seven-year-old SurfRider, and the eleven-story Princess Kaiulani-all on famed Waikiki beach. Sheraton, second only to Hilton Hotels Corp., thus got 1,056 more rooms, boosted its total...