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...taxpayer's shoulders rest the defense of the free world, the salaries of 2,500,000 U.S. Government employees, the care of Eskimos, and the spaghetti supply of Naples. The American taxpayer is the latest product of aeons of human progress. From his forefathers, despots were able to extract, under club or sword or torture, a livre here and a bushel of turnips there. But every dime the American taxpayer gives up has been voted out of him by his duly elected representatives...

Author: /time Magazine | Title: TAXES: The Big Bite | 3/10/1952 | See Source »

Most Western oilmen realize this, yet reform necessarily lags behind royalties. It is easier to extract a million barrels of oil than to educate a whole people to a new, precarious, speeded-up way of life. Moreover, oil companies must beware of interfering too much: the sheik they prod may also cancel their concession. Yet (as Iran proved) if the company doesn't prod, the internal discontent can become so explosive as to endanger its position. Damned if they do, and damned if they don't, the companies move circumspectly, and in most cases with surprising skill...

Author: /time Magazine | Title: SIX KINGDOMS OF OIL: THE PERSIAN GULF STRIKES IT RICH | 3/3/1952 | See Source »

...Germany's Bundestag. Over the two days it was probably the most closely followed debate in German history. The victors, who seven years ago vowed to keep Germany disarmed, were now urging her to take up arms. The debate quickly got down to what price the Germans could extract for obliging...

Author: /time Magazine | Title: GERMANY: Rearming, with Provisos | 2/18/1952 | See Source »

...brain. ORDVAC's memory dwells in 40 cathode-ray tubes, which look like small television tubes. On the face of each flash 1,024 glowing green dots, and at each of these positions a bit of information can be stored electrically. When ORDVAC needs such recollections, it can extract them from the tubes in 36 millionths of a second. No other computer's memory is both so large and so fast...

Author: /time Magazine | Title: Science: Fast Student | 1/28/1952 | See Source »

Anger in the Pantry. In Pinckneyville, 111., after finding only 30? in a café's cash register, a burglar 1) smashed ten dozen eggs, 2) poured vanilla extract in the chile, 3) plastered hamburger against the windows, 4) dumped a sack of sugar into the silverware...

Author: /time Magazine | Title: Miscellany, Jan. 21, 1952 | 1/21/1952 | See Source »

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