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...Biggest news for sailors is Ratsey's refinement of the holed spinnaker, the Venturi. The sail has a series of horizontal slots across its top half. The breeze flowing through the slots shoots downward, thus by counteraction pushing the sail itself upward and providing extra lift. According to Designer George Ratsey, the slots also operate to reduce the "knockdown" or heeling effect on close reaches. Price: 25% higher than conventional spinnakers...

Author: /time Magazine | Title: Leisure: Boats Ahoy | 1/19/1962 | See Source »

...muckrakers, and it was Teddy who gave them their name. Riled by David Graham Phillips' attacks on the Senate, Roosevelt drew an analogy from Pilgrim's Progress: "You may recall the description of the Man with the Muckrake, the man who could look no way but downward, with a muckrake in his hands; who was offered a celestial crown for his muckrake, but who would neither look up nor regard the crown that was offered, but continued to rake to himself the filth of the floor." Such a man typified these new writers, Roosevelt said, excepting Steffens...

Author: /time Magazine | Title: Books: A Time for Anger | 12/22/1961 | See Source »

...approximately $2900. The total before the night's solicitation stood at $20,195. Amounts collected earlier in the week were $6462 on Monday, $5786 on Tuesday, $4047 on Wednesday, and $3899 on Thursday, but the Combined Charities leaders were confident early yesterday that the Drive would succeed despite the downward trend during the week...

Author: By Michael S. Lottman, | Title: HCC Drive Falls Short, Misses Goal of $24,000 | 12/9/1961 | See Source »

...little-discussed reason for the spate of improved corporate earnings is that production costs in the U.S. are trending downward. Though some businessmen still find themselves in a wage-price squeeze, the Commerce Department's new index of wage and salary costs per unit of manufacturing production has been moving down since the economy started climbing back last March (see chart). Labor costs usually fall during the early stages of a recovery because production then increases more rapidly than hiring does, but this year's drop has been abnormally large...

Author: /time Magazine | Title: Business: Production Costs: Down | 11/17/1961 | See Source »

...Laos, and is forcing the U.S. to pour even more military aid-possibly even troops-into shaky South Viet Nam. But also in Asia, Red China's immense economic crisis will surely force a cutback in industrial goals, just as the 1958 crop failure required a drastic revision downward of the "Great Leap Forward." In the Philippines, Burma and Malaya, Communist rebellions have been almost completely erased. Perhaps more important, spectacular industrial gains in Japan have undercut the influence of the divided local Communist Party and moderated the anti-Americanism of the left-wing Socialists, which reached a peak...

Author: /time Magazine | Title: World: MOSCOW: Real View of the Cold War | 11/3/1961 | See Source »

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