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Businessmen, scientists and engineers from 27 nations gathered in Chicago last week to see a new breed of U.S.-produced machines, so wondrously gifted and versatile that they hold the promise of a new industrial revolution. In Chicago's huge, hot International Amphitheatre and Navy Pier, the visitors excitedly inspected 11,000 gleaming new engineering marvels in twin shows: the Machine Tool Exposition and the Production Engineering Show. The new breed-and the stars of the shows-were nearly 100 machine tools of a wholly new kind, the brilliant offspring of the marriage of the automated machine...

Author: /time Magazine | Title: NEW PRODUCTS: Prometheus Unbound | 9/19/1960 | See Source »

...benumbed race called the Eloi-blond youths and maidens who retain little of 20th century cultures except the art of permanent waving and a grim phrase that means peace: "All clear." To his horror, the Time Traveler learns of the Morlocks, a tribe of cavern-dwelling green mutants who breed the Eloi as beef cattle. (Why science fiction's monsters never breed cattle as cattle is perplexing, but perhaps they dislike the taste.) Actor Taylor, of course, does mighty battle to save the Eloi, particularly a charming little cutlet named Weena (Yvette Mimieux), then chugs...

Author: /time Magazine | Title: Cinema: The New Pictures, Aug. 22, 1960 | 8/22/1960 | See Source »

...continent where complex constitutional problems breed and sting like mosquitoes, no place has a more complex problem than Nyasaland. A British protectorate, Nyasaland is a stringbean sliver of hills whose 2,720,000 African inhabitants are desperately determined to dissolve their homeland's 1953 forced merger with the two Rhodesias into the white-dominated Central African Federation. Fortnight ago, when delegates from Nyasaland and Britain sat down in London's ornate Lancaster House to debate a new deal for the little land, experts predicted failure. Peppery little Dr. Hastings Banda, idol of Nyasaland blacks, had threatened to walk...

Author: /time Magazine | Title: NYASALAND: Smiles That May Not Last | 8/15/1960 | See Source »

Growth companies have not only created a new breed of management millionaires but have added some hefty figures to existing fortunes. Millionaire Laurance Rockefeller, a backer of Bos ton's Itek Corp. and its biggest stock holder, bought 259,765 shares at an average cost of $1.41. His present 195,197 shares in the company, now discussing a merger with Chicago's Seebring Corp., were worth $12 million last week. More than 1,100 Texas Instruments employees, buying stock under a special purchase plan, have spent just over a million and a half for stock now worth more...

Author: /time Magazine | Title: WALL STREET: The Yankee Tinkerers | 7/25/1960 | See Source »

...field. Smaller houses with low overhead and a hungry eye stepped in. Says Belmont Towbin of C.E. Unterberg, Towbin: "We've made 30 to 40 millionaires"-including himself. Wealth has worked no great change in the lives of most of the new executive millionaires. They are a new breed too interested either in their companies or in scientific research to indulge themselves with their new fortunes. Arnold Beckman and his wife, for example, still live in an Altadena house he built in 1933 while teaching at Caltech...

Author: /time Magazine | Title: WALL STREET: The Yankee Tinkerers | 7/25/1960 | See Source »

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