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Council, which, as sole purchaser of any gas found under British waters, has been stubbornly holding out for the lowest possible price. The oil consortia, led by Shell and Esso, demanded at least 3.25 cents per therm (the amount of heat generated by 100 cu. ft. of North Sea gas). The Gas Council insisted on paying no more than 2.1 cents per therm, arguing for a price pegged to production costs rather than to the higher market value of the fuel...

Author: /time Magazine | Title: Natural Resources: A Price in the North Sea | 3/22/1968 | See Source »

...Mark III's most obvious feature is a vertical hashmark grille in shimmering metal that closely resembles the grille of a Rolls-Royce. On its 117-in. wheel base, the car mounts an eight-cylinder, 460-cu.-in. engine specially designed to provide improved combustion and cut exhaust fumes. Other features, including interior warning lights, air conditioners and radios, have been adapted from either the smaller Thunderbird or the bigger Lincoln...

Author: /time Magazine | Title: Autos: Stalking the Mark III | 2/9/1968 | See Source »

...bleed into his gastrointestinal tract. Evidently the clotting mechanism in his blood had been knocked out by the failure of his liver to produce the necessary enzymes. His platelets (tiny disklike elements in the blood, which are important in clotting) plummeted from a normal count of 250,000 per cu. mm. to 4,000. This required heroic measures. Kasperak had to have blood transfusions, and to remove metabolic wastes from his body the surgeons punched another hole in him-through the abdominal wall, for peritoneal dialysis. This is a process in which a solution is pumped into the abdominal cavity...

Author: /time Magazine | Title: Medicine: Michael Kasperak | 1/19/1968 | See Source »

When it came to Moscow's plans for a world conference to embarrass the Chinese, however, Tito and Ceauseşcu flew into each other's arms. Both fear that any such Communist togetherness could result in resolutions that would hamper their independence or force them to take sides in the Sino-Soviet dispute. In an effort to reassure them, the Russians have pledged that the conference would not be "a meeting designed to excommunicate the Chinese." But Ceauseşcu has turned down the Russians' invitation to a preliminary meeting next month in Budapest that will...

Author: /time Magazine | Title: Yugoslavia: When Revisionists Go Hunting | 1/12/1968 | See Source »

Tito and Ceauseşcu may have decided on a common strategy to discourage the conference, but it was not disclosed in the final communiqué, which spoke only of "the comradely atmosphere of the talks." The communiqué was also discreet enough not to mention the number of deer that each man had bagged in the hunt. Ceauseşcu, whatever his gifts as a statesman, is known to be a much poorer shot than his more experienced revisionist colleague...

Author: /time Magazine | Title: Yugoslavia: When Revisionists Go Hunting | 1/12/1968 | See Source »

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