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Calling his hardest-lining (and fastest-working) speechwriter, Pat Buchanan, the President told him to work up a first draft from some dictated notes. As Buchanan typed into the evening, his boss kept dictating into his IBM recorder. Three more of the machine's recording tubes arrived that night. "It was the old man's speech," said Buchanan. "He knew just what he wanted...

Author: /time Magazine | Title: Nation: Raising the Stakes in Indochina | 5/11/1970 | See Source »

...used to shaping events often forget that events are fundamentally fickle. When their good fortune turns around, they cry foul. Few have cried louder than James J. Ling, the millionaire chief of what was once the nation's fastest-growing conglomerate, Ling-Temco-Vought Inc. In LTV's recently issued report for 1969, Ling declared: "Major negative perturbations in the overall economy have their in escapable effect on operational results of certain companies engaged in busi nesses which are directly affected...

Author: /time Magazine | Title: Business: High Flyers in Trouble | 5/4/1970 | See Source »

...take more than their current share of the market, which ranges from one-sixth to one-third of all the gasoline, fuel oil, lubricants and aviation fuel sold outside North America. For the longer-term future, Shell's strategy is to seize a bigger proportion of the fastest-growing markets, which are in Japan and Continental Europe. Shell also intends to increase its stake in chemicals, in which it has already become the world's tenth largest producer. By the end of this century, Shell planners believe, oil may be almost as important a source of chemicals...

Author: /time Magazine | Title: Oil: Growth Despite Shortage | 5/4/1970 | See Source »

...planners had a compromise answer. The Aquarius descent engine would fire just long enough to reduce the remaining flight time to 63 hours and drop the astronauts in the South Pacific about 600 miles southeast of Samoa. It was what engineers typically call a "trade-off"?not the fastest possible journey home, but one that would save fuel for later course corrections, not strain the remaining Aquarius oxygen, electricity and fuel supplies aboard, and set Odyssey down within easy range of the prime recovery ship Iwo Jima, already in the area...

Author: /time Magazine | Title: Nation: Four Days of Peril Between Earth and Moon | 4/27/1970 | See Source »

...remoter corners of the landlocked southern African state of Lesotho, the fastest means of communication is a yell across the mountainous kingdom's multitudinous valleys. Last week those cries brought word to Maseru, the capital, that an all-out guerrilla war seemed to be brewing in the rugged Maluti Mountains of the north...

Author: /time Magazine | Title: Lesotho: Death in the Hills | 4/20/1970 | See Source »

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