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...conventional submarines. It can do this without danger to itself or passengers because it operates under water like a blimp. Its 50-ft. hull is a float carrying 28,000 gallons of gasoline, which is 30% lighter than sea water and compressible. The float does the job of a balloon's gas-filled bag, while the passenger ball hangs below. Water enters the float, equalizes the inside and outside pressure, and compresses the gasoline, reducing the craft's buoyancy...

Author: /time Magazine | Title: Science: Into the Depths | 9/1/1958 | See Source »

...Balloon Breaker. To last through this kind of performance five nights a week takes a talent spawned by radio, toughened by Hollywood and burnished by the demands of an unforgiving clutch of television cameras. No comedian in the U.S. can boast a more abundant supply of the necessary skills than Jack Paar. He has been practicing them almost all his life...

Author: /time Magazine | Title: Show Business: Late-Night Affair | 8/18/1958 | See Source »

...according to Wright, "Westernization" had effected what war and seism could not; there was no imagining "a more outrageous insult to the feeling and character of the original building-and to Japan." In Tokyo, Annex Architect Teitaro Takahashi, 66, had a stylus ready when the Wright balloon came along. Said Takahashi: "Wright's building is not at all Japanese, as he claims, and many of its facilities are now outdated. It was nicely designed for its period, but that was the Ricksha...

Author: /time Magazine | Title: People, Aug. 11, 1958 | 8/11/1958 | See Source »

...great trick-and growing danger-of such a scheme is to keep the balloon expanding, paying off one loan with another. But when SEC moved in and started investigating, there was nothing to do but get out-quickly. A month ago Belle apparently started systematically looting the companies. As a sample of his thoroughness, he even tried to get the employees' pension funds of one of the companies, Troop Water Heater Co. Though the bank that held the funds in trust refused to go along, Belle got partial revenge. All but about $900 of the final week...

Author: /time Magazine | Title: HIGH FINANCE: The Boy Wonder | 8/4/1958 | See Source »

...Trial Balloon. Since he was ordained in 1933, Carlos Cucchetti has rarely stayed out of trouble. When Perón first came to the fore, Cucchetti led 10,000 people in a protest march. When the Catholic hierarchy supported Perón, he blasted his bosses and was relieved of his parish. When Perón turned against the church, he shed his cassock and organized anti-Perón resistance. In July 1956, with Perón booted out of Argentina, Father Cucchetti went to Italy, talked over his idea for a Christian-Jewish brotherhood movement with Vatican officials...

Author: /time Magazine | Title: Religion: Confraternidad | 7/7/1958 | See Source »

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