Word: americans
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Dates: during 1950-1959
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...fuels at Olin Mathieson Corp.'s two-city-block, $45 million plant near Niagara Falls, which was scheduled to deliver its first batch of exotic fuel this month. It also canceled a contract with the General Electric Co. for producing the J-93-5 engine to power North American Aviation's "chemical" B70 bomber with a combination of exotic and conventional fuels. Next day the Navy announced that it was dropping all work in exotic fuels, including the $35 million Gallery Chemical Co. plant at Muskogee, Okla., which was 99% finished. Both plants belong to the Government, will...
General Electric will go ahead with its J-93-3 engine, which accounts for $90 million of its $100 million contract with the Air Force. The J-93-3 is conventionally fueled, is scheduled to go into both North American's B70 and its F108 fighter. Officials insist that the boron cutback itself does not mean a cutback in the B70 bomber program, but only an alteration in the bomber to make it wholly conventionally fueled, and that the cutback has no relation to the F-108, which was programed to use conventional fuels all along. But many aircraft...
Brand believes that loans from the U.S. Government should supplement rather than replace U.S. private industry abroad. Says he: "I want to see American industry do the job. Instead of promoting state enterprises, let's foster the private side." As head of the Development Loan Fund, he intends to stress private enterprise more than the fund has done, give more loans to foreign businesses instead of governments. He also hopes to get more money from Congress. Right now the fund has $53 million to give out in loans, but the loan applications total $1.4 billion...
Died. John Gamble Kirkwood, 52, Chemistry Department chairman at Yale University, who developed a new method of separating blood proteins, at 28 won the American Chemical Society's Langmuir award in pure chemistry; of cancer; in New Haven, Conn...
...Ugly American, Lederer and Burdick...