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Institutions are so money-hungry that the U.S. is likely to face a chronic shortage of capital throughout the new decade. The pent-up demand for funds -to finance hospitals, schools, airports, highways, pollution control, business enterprises and especially housing-presages a tidal wave of borrowing in the years ahead. Last week the demand reshaped the patterns of saving and borrowing money in two ways...

Author: /time Magazine | Title: Money: New Ways to Get More | 2/2/1970 | See Source »

...report by the National Academy of Sciences, the gas becomes dangerous when it reaches levels of ten parts per million parts of air-a level that is no rarity in today's congested cities. At that point it can harm pregnant women and victims of bronchitis, emphysema and chronic heart disease. A damaged heart, for example, may be unable to compensate for reduced oxygen supply, and death may result. In Chicago and Philadelphia, says John Middleton, a top federal air-control official, the CO danger point "is exceeded throughout one-third to one-half...

Author: /time Magazine | Title: Environment: Invisible Killer | 1/26/1970 | See Source »

...Ethel Kennedy on Sesame Street." ··· "The call of the running tide," wrote John Masefield, "is a wild call and a clear call that may not be denied." Actually, for Britain's late poet laureate it was mostly a call to the rail. Describing his chronic seasickness in a 1918 letter just acquired by Columbia University, Masefield appended a cartoon sketch of himself lying in open-mouthed nausea on his bunk, with the caption: "O captain, stop this misery!" ··· He flew the 230,000 miles to the moon, and back. Now Lunar Explorer Alan...

Author: /time Magazine | Title: People: Jan. 19, 1970 | 1/19/1970 | See Source »

James C. Turner is a onetime shoe salesman with a chronic sore back. Raised in Texas, exposed for a while to big-city life in Detroit, he decided in 1964, at 42, to become a publisher in a small Michigan town. He chose Howell (pop. 5,000), in Livingston County, halfway between Detroit and Lansing, where the most reliable source of excitement is the annual muskmelon festival. At least it was until James C. Turner turned crusader...

Author: /time Magazine | Title: The Press: A Crusader Comes to Howell | 1/5/1970 | See Source »

Pernicious Pollution. Dramatic oil spills in coastal waters capture the public's concern by killing countless marine creatures and sea birds. But more pernicious is the long term effect of chronic pollution from tankers flushing their storage compartments at sea. That, along with other everyday mishaps, adds up to 284 million gallons of spilled oil every year-about ten times the amount that oozed from the Torrey Canyon, and enough to coat a beach 20 ft. wide with a half-inch layer of oil for 8,633 miles. Scientists are increasingly worried that this oil could be poisonous...

Author: /time Magazine | Title: Environment: The Black Tide | 12/26/1969 | See Source »

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