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...principle*made it all easy. In the hippo's tank they rigged up a contraption consisting of a hollow tube (stuck vertically in the water) enclosing a float attached to a moving arm arranged to swing around a marked scale. (On the basis of Archimedes' principle, the markings had been calibrated to register the weight of the water displaced, easily calculated from water's known weight by volume...

Author: /time Magazine | Title: Science: Assist by Archimedes | 7/22/1946 | See Source »

...Sphere & Float. The pressure-resisting part of the submarine will be a 15-ton steel sphere nearly 7 feet in diameter, with walls 3½ inches thick. By itself, packed with apparatus and Professor Piccard, it would sink like a stone forever. But immediately above the sphere will be a submerged, boat-shaped float filled with light buoyant oil, which cannot be squashed. Below it, held tight by powerful electromagnets, will be enough iron ballast to make the submarine sink. When the Professor shuts off the current from a one-ton battery, the electromagnets will drop the ballast...

Author: /time Magazine | Title: Science: 4,000 Meters under the Sea | 7/8/1946 | See Source »

...deal with Kaiser and Partner Joe Frazer was Cyrus Stephen Eaton, Cleveland financier who helped float the first two K-F stock issues. On May 23 the Portsmouth Steel Corp. was incorporated with Eaton as board chairman. Portsmouth plans to offer 1,025,000 shares of common stock to the public at $10 a share, as soon as its registration statement is made effective by the SEC, and sell another 300,000 shares at the same price to K-F and Graham-Paige Motors Corp. With the cash Portsmouth plans to buy the Wheeling Steel Corp.'s ingot works...

Author: /time Magazine | Title: STEEL: $12,000,000 More | 6/17/1946 | See Source »

...After it gets its president, the next job of the Bank will be to decide on how it will float the securities which are expected to supply a large part of the $8.8 billion which the Bank will raise for reconstruction loans. The Bank is not expected to lend directly from its own funds; it hasn't enough money. (Only $750,000 of the amount subscribed by 38 countries has been paid in so far.) So it can either buy foreign bonds-e.g., Czech bonds-and sell an equal amount of its own bonds to the world...

Author: /time Magazine | Title: GOVERNMENT: Open for Inquiries | 5/20/1946 | See Source »

...already obsolete, were busy promoting a grand-scale Air Engineering Development Center for studying and testing the air weapons of tomorrow. They talked Buck Rogers language. Some topics: supersonic aircraft-piloted and pilotless-planes and rockets powered by nuclear energy, space ships, space bases that would float above the atmosphere, where gravity's pull is weak as a kitten's. An old-line pilot might just as well hang up his goggles and retire...

Author: /time Magazine | Title: Science: Onward & Upward | 5/13/1946 | See Source »

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