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...mysterious surge in price has spurred memories of the abortive attempt by Bunker and Herbert Hunt to corner the silver market in 1980. Now, as then, an unidentified buyer has been spending huge amounts of money to drive up the price of a metal. More than $500 million has been invested, and 30,000 tons of tin have been stockpiled in European warehouses. Speculators who gambled that the price of tin would soon fall face financial ruin. Major tin consumers have escalating costs. Says a spokesman for U.S. Steel, which makes tin-plated products: "Of course this is hurting...

Author: /time Magazine | Title: Tintinnabulation | 3/1/1982 | See Source »

...million tourists who flock to the Smithsonian's ten museums every year are familiar with the big draws: the Wright brothers' Kitty Hawk, the moon rocks, Archie Bunker's chair, the Hope diamond, the First Ladies' dresses, Fonzie's leather jacket, the ruby slippers that took Judy Garland back to Aunt Em in The Wizard...

Author: /time Magazine | Title: Cleaning the Nation's Attic | 2/8/1982 | See Source »

...years, the Bunker Hill Military Academy had been combatting sissy-hood with a curriculum of honor, patriotism and admiration for shiny things that go "BLAMMO!" Leading this adolescent boot camp since before anyone could possibly remember, Gen. Harlan Bache had always whipped his boys into a state of frenzied loyalty by commencement time. The way they looked up to the old guy, why you'd think they'd die for his beliefs. When Bache informs his assembled troops one fine June morning that their alma mater has been sold to condominium developers by a bunch of gutless civilian trustees, some...

Author: By Paul M. Barrett, | Title: Kommando Kids | 1/4/1982 | See Source »

Obviously, as things now stand this country needs potent armed forces. We also need the service academies to train our colonels and generals. But why go out of our way to indoctrinate mere children into the necessarily brutal and often unthinking, unchallenging ways of the military? The Bunker Hills of this world are designed specifically to convince students that honor is a thing not subject to interpretation, that the ultimate question is, "Who has authority?" not "What do we do with it once we have it?" Jaffe admitted that the folks at the real-life Valley Forge Military Academy--where...

Author: By Paul M. Barrett, | Title: Kommando Kids | 1/4/1982 | See Source »

Shed a manly tear, sound a mournful bugle call, maybe even fire off a several-gun salute for good old Bunker Hill Military Academy. For a century and a half it has been turning out cadets who have exemplified duty, honor, country, that sort of thing. Now, however, times having changed, those qualities are regarded as antiques, and the trustees have voted to shut the place down and sell it to condominium developers...

Author: /time Magazine | Title: Cinema: Sour Notes | 12/14/1981 | See Source »

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