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...better possibility was the astronaut's breath. He might puff gently into sensing devices that would convey his commands to the AMU. But this system would not be accurate, and the extra puffing would waste oxygen and deposit undesirable moisture in the space suit's helmet...

Author: /time Magazine | Title: Space: Getting Around by Voice Control | 4/23/1965 | See Source »

Mining engineers pronounced the deposit virtually limitless, and that spurred everyone on. According to the landowner's rules, each newcomer was allowed to claim a 10-ft. by 10-ft. plot in return for 10% of the take. Within a few days, the farm land looked like a giant human anthill with more than 2,000 men, women and children feverishly wielding shovels...

Author: /time Magazine | Title: Brazil: The Devil's Digs | 4/9/1965 | See Source »

Through all this, Saxon remained untypically silent, though he did write the Federal Reserve denying that his men had withheld any reports that "it requested." But the revelations of friction between the Comptroller, the Federal Reserve and the Federal Deposit Insurance Corporation, all of which now divide the task of bank regulation, produced strong demands for some sort of reform. In a San Francisco speech, James L. Robertson, one of the Federal Reserve's seven governors, declared that today's "tangle of overlapping responsibilities, conflicting philosophies and procedural cross-purposes cannot be tolerated much longer." Merely "knocking heads...

Author: /time Magazine | Title: Banking: Trouble Among the Regulators | 3/26/1965 | See Source »

...bank takeovers by unsavory characters on a loophole in federal law (since closed) that left federal officials in the dark about changes in bank ownership. Mindful of congressional cries that gangsters may still be buying up banks to sanitize their hot money, Joseph W. Barr, chairman of the Federal Deposit Insurance Corp., announced that he has set up a unit to help the Justice Department weed out criminals in banking...

Author: /time Magazine | Title: Banking: A Bit of Embarrassment | 3/19/1965 | See Source »

...decision to reject Sohn's plane was reportedly based largely on fears that a cheaper flight would drain passengers from other HSA charters. If a chartering agent cannot present a sufficient number of passengers by a specified date, he can be asked to forfeit a ten per cent deposit. The flight is then canceled, or "aborted...

Author: NO WRITER ATTRIBUTED | Title: HSA Refuses Offer of Another Plane | 2/27/1965 | See Source »

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