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REYNOLDS Metals and Kaiser Aluminum are likely to bow out of the Air Force's ill-fated heavy press program (TIME, June 29), and Harvey Machine Co. may do so too. Reason: the Air Force, which was to supply funds to construct buildings to house the machines, has shifted the expense to the operators. If all three companies abandon the program, the Air Force will be left with only ten presses of the 20 it had once planned, and only six companies to run them...

Author: /time Magazine | Title: Time Clock, Jul. 27, 1953 | 7/27/1953 | See Source »

When the McCarthy evangel began in 1950, the liberals saw in his distortions and exaggerations a chance to divert attention from the bedroom scene. They began to construct the myth of McCarthy's great power and his menace to liberty...

Author: /time Magazine | Title: National Affairs: McCARTHYISM: MYTH & MENACE | 6/29/1953 | See Source »

...Saturday afternoon the spectators watching a race from the balcony of the Boat House suddenly crashed through the termite-eaten floors. At the University's suggestion, New York alumni donated $25,000 to construct Newell Boat House. For some reason the donors specified a Japanese-type building, with ornate decorations to "harmonize with Soldiers Field." When the last spires were being attached, a workman, following the precedent of Mrs. O'Leary's cow, kicked over a can of hot creosote. The structure was burnt to the ground, and the alumni were singed too--for the $15,000 necessary to rebuild...

Author: By Robert A. Fish, | Title: Pagoda on the Charles | 5/1/1953 | See Source »

Grants are constantly running out. To provide for what may be a serious financial situation, the Dean, with former Massachusetts Governor Bradford, has launched a stabilization and consolidation program. They are aiming for $12,000,000. If plans run according to schedule, they will use this money to construct a seven story annex to the school's main building. Part of it will go towards establishing a more permanent endowment fund. And the rest, with other ten-year grants, will build on the school's program to assure life tenure for senior faculty members...

Author: By Steven C. Swett, | Title: Public Health --- The World's Welfare | 4/24/1953 | See Source »

...might construct a little museum of sermonic models that were much used, but are now obsolete and ought to be retired . . . [One is the] Rocking Horse Sermon . . . which moves but does not go on, always charging but never advancing. Then there is what might fairly be called the Mockingbird Sermon . . . all the notes of someone else, either stolen or just imitated...

Author: /time Magazine | Title: Religion: Go Ye and Relax? | 4/20/1953 | See Source »

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