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...growing concern was heard last week over what Brit ain is getting for its huge arms expenditures ($4.6 billion a year, more than 35% of the budget). Two years ago, before the U.S. got its new look, the British decided to concentrate on the Royal Air Force's atom bombers and supersonic fighters. The Royal Navy is no longer able to keep up with the Joneses, or even the Ivanovs. The British army is now held down to 450,000 men. Yet after these two years of "superpriority," most R.A.F. squadrons are flying obsolescent aircraft, which are no match...

Author: /time Magazine | Title: Foreign News: More Prang for the Pound | 12/20/1954 | See Source »

...project for harnessing the atom to peaceful uses was laid before the 3,000 members of the National Association of Manufacturers, who gathered in Manhattan last week for their annual convention. The plan, as laid down by General Dynamics Corp. Chairman John Jay Hopkins, called for the "financing . . . of atomic reactors in the power-short . . . areas of the world by American private enterprise and the American Government working together with friendly national governments." Hopkins, whose firm built the atomic submarine Nautilus and is now working on a second, the Sea Wolf, warned that industrialists have played too small a part...

Author: /time Magazine | Title: MANAGEMENT: Atoms Abroad | 12/13/1954 | See Source »

...year ago, President Eisenhower momentarily diverted attention from the peril of the atom with his "Atoms for Peace" speech before the United Nations. His proposals for an international agency to aid in the development of atomic energy for peaceful use set off an immediate wave of popular enthusiasm throughout the world...

Author: By Daniel A. Rezneck, | Title: Agreement on the Atom | 12/7/1954 | See Source »

What will happen next is almost anyone's guess. The rays pack a lot of energy, and when they hit molecules in the mixture, they will tear them apart by breaking chemical bonds. Since the broken places are highly reactive, they will grab the nearest suitable atom, thus creating molecules of new compounds. They will speed up familiar reactions, start unfamiliar ones, and form compounds that the chemists have never seen before...

Author: /time Magazine | Title: Science: The New Chemistry | 12/6/1954 | See Source »

...world's generals and statesmen, the radioactive "fallout" from nuclear explosions is a grave worry for the future. For scientists who date ancient objects by Carbon 14. it is already a serious nuisance and threatens to get worse. Southwestern laboratories near the Nevada atom-bomb testing ground have found it impossible to use Carbon 14; there is too much competing radioactivity in their vicinity. Even on the Eastern seaboard, Carbon 14 work at the University of Pennsylvania has often been stopped by a radioactive cloud drifting slowly overhead. The "background radiation" gets so strong that the voice of Carbon...

Author: /time Magazine | Title: Science: TheFall-OutandC 14 | 12/6/1954 | See Source »

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