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...programs and facilities. This spring the Federal Government has finally begun to take action. Last month a bill was signed providing $32 million to be used for new ETV broadcasting facilities, and last week the Senate passed the all-channel receivers bill (TIME, Feb. 2), which requires manufacturers to equip new TV sets to receive not only the twelve channels in the very high frequencies but also 70 additional channels in the ultra-high frequencies...

Author: /time Magazine | Title: Television: The Fourth Network | 6/29/1962 | See Source »

Actually, it wasn't much of a bill. In its major provisions it would: 1) subject stock dividends and interest on savings accounts, Government bonds, etc. to a 20% withholding tax; 2) offer tax deduc tions of up to 7% for business investment in machinery and other productive equip ment, 3% for public utilities; 3) require that expenditures for entertainment, amusement and recreation be deductible only if directly related to the active con duct of a trade or business; 4) tighten up tax regulations for mutual savings banks, savings and loan associations, coops, and Americans investing or living abroad...

Author: /time Magazine | Title: The Congress: Putting On the Heat | 4/6/1962 | See Source »

...coveted Mercury contract, a $130 million program. It has turned out 20 capsules so far, last week was busily mocking up a new two-man "Gemini" capsule that is slated for test flying by 1964. More important for the McDonnell balance sheet, President Kennedy recently requested $1 billion to equip the Air Force with the company's 1,600-m.p.h., all-weather Phantom II fighter-bombers, which can fly supersonically at altitudes from...

Author: /time Magazine | Title: Aerospace: Mercury's Father | 3/9/1962 | See Source »

...General Manager, Thomas J. Mc-Clernon has suggested in recent statements that the MTA may soon settle this difficulty, but Tyler is scarcely so optimistic. He stresses, in fact, that the Authority must not only find and build a practical and extensive system of new yards but erect and equip a new repair shop as well before it can even consider selling the Bennett St. property...

Author: By Bruce L. Paisner, | Title: The MTA Jungle | 3/2/1962 | See Source »

Gaston Stanton responded that he was all in favor of Minow's plan to require TV set manufacturers to equip their product to receive ultrahigh frequencies, thus opening up some 70 additional channels and creating a new field for new broadcasters. Some of these stations presumably would be run by educational institutions, and some would be able to appeal to intellectually coherent audiences smaller than Gunsmoke pulls...

Author: /time Magazine | Title: Television: The Confrontation | 2/2/1962 | See Source »

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