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...controversy has largely skirted the ABM treaty, under which the U.S. and the Soviet Union have agreed to deploy only token missile defenses at just two locations in each country, with 100 missiles and launchers at each site. To be sure, congressional doves were disappointed that ABM systems were not outlawed altogether; reflecting that disappointment, the Senate Armed Services Committee last week did not grant an Administration request for authorization of a second U.S. ABM complex near Washington, D.C. Besides avoiding a horrendously costly new turn in the arms race, the ABM treaty is cheered by defense experts...

Author: /time Magazine | Title: DEFENSE: Second Thoughts on SALT I | 7/10/1972 | See Source »

...agreement allows some shifting in the particular mix of land-and sea-based ICBMS each nation wishes to deploy, so long as the total number of missiles is not affected. But it says nothing at all about how many warheads each missile can contain. Therein lies a huge advantage for the U.S., at least for now. Since the U.S. has missiles that carry up to ten independently targeted warheads (MIRVs) and these systems are far ahead of the Soviet multiple warheads, which fall in a cluster but cannot be individually directed (MRVs), the U.S. maintains an overwhelming edge...

Author: /time Magazine | Title: The Nation: Slowing Down the Arms Race | 6/5/1972 | See Source »

Warhead Gap. There is not, however, any limitation on improving existing ICBMS under the executive agreement. Thus the arms race is expected to turn to qualitative rather than quantitative efforts. U.S. experts estimate that it will take the Russians until the late '70s to develop and deploy MIRV missiles and thus close the warhead gap -if the U.S. stops further MIRV deployment. The U.S., meanwhile, is free to go ahead with advances like its ULMS longer-range submarine-launched missile system, which involves at least ten advanced subs with 24 missiles each. Both sides are expected to spend heavily...

Author: /time Magazine | Title: The Nation: Slowing Down the Arms Race | 6/5/1972 | See Source »

Administrators of O.S.H.A. in the Labor Department have a budget of only $38.5 million; for next year the proposed budget is $97 million. AFL-CIO officials say that at least $166 million is needed to deploy a minimum of 1,550 inspectors instead of the current 500. The Labor Department, working on a "worst-first" basis, is concentrating its inspectors on the policing of industries that have extremely high accident rates: longshoring, roofing and sheet metal, meat packing, mobile-home manufacturing and lumber and wood producing. Indeed, accidents are so common on the docks that, on the average...

Author: /time Magazine | Title: INDUSTRY: Struggling for Safety | 5/22/1972 | See Source »

Accordingly, we conclude that the socially responsible course for a university investor was not to sell out for social reasons, but to deploy the rights and powers of a shareholder to correct injurious corporate policies. Harvard's decision in the case of Gulf is fully consistent with this recommendation...

Author: NO WRITER ATTRIBUTED | Title: THE ETHICAL INVESTOR | 5/2/1972 | See Source »

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