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...proposition, of course, is the ultimate in economic feasibility. Use the Italian principle. But don't jack the temple up; simply float it up on buoyant tanks. For nothing more than the hell of it I'd be prepared to work out the physical concepts involved. JOHN R. BOWLES Chicago...

Author: /time Magazine | Title: Letters: Apr. 26, 1963 | 4/26/1963 | See Source »

...dialogue will make the in-group twitch with recognition: "I've hung onto every bit of rubbish there is to hang onto in life-and I've thrown the good bits away"; "I don't want another martini, I've had enough to float Fire Island"; "Sleep, rest, relaxation-where can I buy those?" Her acting, against a backdrop of Old Flame Dirk Bogarde's flexing jaw muscles and travelogue shots of Olde England, may be the best of her career. The most revealing scenes are onstage at the Palladium. On opening night she stands...

Author: /time Magazine | Title: Cinema: Garlandiana | 4/19/1963 | See Source »

Outside of Britain, Europe has no tradition of a free capital market. Its many family-held enterprises have long preferred to scrimp to finance expansion out of profits rather than to float stock issues that might bring in outsiders. Many of today's rigid controls are a heritage of the desperate need of postwar European governments to ration every asset. Now that more capital is available, most of it is soaked up by expensive government welfare programs. Little risk capital comes from wage earners, who are still wary of risking their savings on the Continental bourses...

Author: /time Magazine | Title: Investment: A Very Delicate Question | 3/22/1963 | See Source »

Stoking the Boilers. The Guterma-Dardi group then attacked the problem of dumping 575,000 new shares of United Dye stock on the market without depressing the price. Instead of selling the new shares through the New York Stock Exchange, they engaged seven boiler rooms to float the stock on the over-the-counter market, got touters to push the stock with false claims. To keep the stock up and lure more gullible investors, United Dye engaged a shady bank in Tangier to buy the old shares listed on the Big Board, which were so thinly held that...

Author: /time Magazine | Title: Business Ethics: The $5,000,000 Swindle | 3/15/1963 | See Source »

...millions of heavenly bodies capable of supporting life, Mariner's sensitive instruments testified that Venus does not rate a place on the long list. It appears to be hot and dry and dead. If there is any life at all-a doubtful possibility at best-it must float as dustlike microorganisms in comparatively cool clouds...

Author: /time Magazine | Title: Space Exploration: Voyage to the Morning Star | 3/8/1963 | See Source »

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