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...sells for only a little more in Britain, which is about half the price of competing models of equal quality. By combining quality and economy, Joyce has built his foreign income until it accounts for about one-third of his gross, by shrewd arrangements collects it in dollars. "What I am exporting," says Joyce, "is technique...

Author: /time Magazine | Title: CORPORATIONS: For Comfort & Profit | 8/8/1949 | See Source »

...shrewd old Henry Kaiser expanded his sprawling industrial empire by leasing three huge Government aluminum processing plants. Last week, for $36 million, Kaiser's Permanente Metals Corp. took title to the plants which had cost $90 million to build. The new properties: 1) a bauxite-processing plant in Baton Rouge with an annual capacity of 500,000,000 lbs. of alumina; 2) the Mead Aluminum Reduction Plant at Mead, Wash., which refines the Baton Rouge alumina, has an annual capacity of 216,000,000 lbs. of aluminum ingots; 3) the Trentwood Rolling Mill, at Trentwood, Wash., which fabricates Mead...

Author: /time Magazine | Title: ALUMINUM: Kaiser Buys | 8/8/1949 | See Source »

...That Damned Schoolteacher." Through almost five years of Arevalo's "spiritual socialism," shrewd "Paco" Arana had patiently listened to a string of well-heeled callers telling him why he should send "that damned schoolteacher" back to Argentina (where Arevalo spent 15 years). A smart politician, Arana was friendly to all, made promises and took no action-except to put down outright revolt. He did not want to upset the government; he wanted to be elected President himself in 1950, when Arevalo's term ends...

Author: /time Magazine | Title: The Hemisphere: Strong Man Out | 8/1/1949 | See Source »

Webster, a shrewd infighter, began bucking Straus's every move. He accused him of spending Eversharp's money extravagantly, lined up other directors against him. At Webster's urging, Straus was stripped of all Eversharp control save advertising. Three months ago the directors kicked Straus out of the chairmanship by abolishing...

Author: /time Magazine | Title: CORPORATIONS: The Razor's Edge | 7/25/1949 | See Source »

Gatsby tries hard, in some respects, to be a good movie. Its musical score, costumes and sets show painstaking research and a kind of wistful desire to be true to the novel. In individual scenes, in fact, Elliott Nugent's shrewd direction achieves an illusion of complete authenticity. But there are signs aplenty of heavyhanded tampering and cutting, and an unconscionable distortion of the novel's tone and intention. Like most second-rate copies, Gatsby captures much of the detail, but defaults on the grand design...

Author: /time Magazine | Title: Cinema: The New Pictures, Jul. 25, 1949 | 7/25/1949 | See Source »

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