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Krupp's choice proved to be a shrewd one. Beitz is typical of a new group of bright young executives who are taking over the reins of West German industry in positions formerly reserved for age and long experience, bypassing tradition in favor of aggressive, hard-driving methods. Beitz alienated many an old Kruppianer with just such methods (he shocked workers by asking to be called Beitz instead of Herr Generaldirektor), earned the nickname "the American" for his breezy ways and love of jazz. But he fired up the conservative management, tightened up the firm's operations, soon...

Author: /time Magazine | Title: BUSINESS ABROAD: The House That Krupp Rebuilt | 8/19/1957 | See Source »

...issue), or that the net bill did not mark some slight progress. But by the same token, no one could argue that the verdict was not a hard slap in the face of a nation generally trying to live up to its own constitutional guarantees. It was also a shrewd political blow to an Administration that put presidential prestige and power behind a strong bill and to the Republican leadership that had staked its political prestige on the outcome...

Author: /time Magazine | Title: THE CONGRESS: Surprising Defeat | 8/12/1957 | See Source »

...great German painters of the early 16th century. The 10¾-by-16⅛-in. wood panels, described by experts as among Cranach's finest portraits, show Moritz Buchner, mayor of Leipzig, and his wife Anna, elaborately dressed and richly bejeweled, the man gazing at the world with shrewd but not unkind eyes, the woman modest, grave, rather sad. The portraits roused considerable excitement in German art circles when they were shown in 1928 in Frankfurt, later made their way via Switzerland to Chicago. For six years the Minneapolis Institute of Arts dickered with the Chicago dealer. This week...

Author: /time Magazine | Title: Art: New Acquisitions | 8/12/1957 | See Source »

Free Diapers, Bottles. As much a product of shrewd management as cartoon whimsy, Disneyland was originally conceived as a $5,000,000 venture. But when dozens of big U.S. companies clamored for space to peddle or promote their wares, Walt Disney and his businessman brother Roy O. Disney quickly upped their sights, raised millions by leasing plots to 55 companies. Pepsi-Cola came in to operate Frontierland's Golden Horseshoe soft-drink saloon; American Motors Corp. shows Circarama movies; Pablum recently opened a brightly decorated "baby-changing and feeding station" complete with a trained nurse who hands out free...

Author: /time Magazine | Title: SHOW BUSINESS: How to Make a Buck | 7/29/1957 | See Source »

There are comic scenes that approach the .best in Sean O'Casey, as when a shrewd old lag with a game leg solicits a massage from a warder in order to get drunk on rubbing alcohol. "Which leg is it?" asks the warder. "To be on the safe side," says Convict Dunlavin, "you'd have to do two of them. It's only the mercy of God I'm not a centipede, sir ... Ah, that's massive, sir. 'Tis you that has the healing hand." The warder turns, and Dunlavin sneaks a great swig...

Author: /time Magazine | Title: Books: Jig on the Trap | 7/29/1957 | See Source »

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