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...land. Over 1,000 oceanographers from 38 countries gathered for the first International Oceanographic Congress, some 500 of them prepared to read scientific papers. During the two weeks of sessions every aspect of the oceans was scheduled for a full going-over, from the microscopic diatoms that float near the sunny surface to the mysterious cracks and bulges on the pitch-black bottom...

Author: /time Magazine | Title: Science: How Oceans Grew | 9/14/1959 | See Source »

BOND INTEREST. Ike warned of "grave consequences" if Congress fails to heed his request for cancellation of interest-rate ceilings on long-term U.S. Government bonds so that the Treasury can float long-term bond issues and shake free of its present instability-fostering reliance on short-term bonds (see BUSINESS...

Author: /time Magazine | Title: THE CONGRESS: Parting Salvos | 9/7/1959 | See Source »

...upper Austria, 37 miles east of Germany's Berchtesgaden. One stalled truck yielded 23 chests crammed with expertly forged British ?5 and ?10 notes with total face value of several million dollars. At a lake near by, bank notes tossed overboard from a second truck began to float ashore. In the months that followed, U.S. Navy divers and British frogmen plunged to the 200-ft. to 250-ft. depths of Austria's Toplitz Lake, and later at least three amateur searchers lost their lives seeking the phony treasure believed still hidden there...

Author: /time Magazine | Title: AUSTRIA: Loot from the Lake | 8/10/1959 | See Source »

...publishers agreed to try. Soon they were producing Quetta's first homespun daily, which had seven names: Tanzim (Order), Kohsar (Mountain), Bagh-o-Bahar (Garden in Spring), Qand (Sweetness), Nara-e-Haq (Voice of Truth), Zamana (Times) and Sadaqat (Righteousness). Last week they laid bold plans to float a bigger government loan, hire a pool reporter and three stencil cutters, organize group circulation and sales crews. Observing from afar, Governor Husain sent congratulations: "Bound to create history in the field of journalism." But then, Quetta's weird weeklies had already, in a sense, done that...

Author: /time Magazine | Title: Medicine: Package Deal | 8/10/1959 | See Source »

...week Baghdad was all holiday celebration. Down the hot, dusty streets where a year ago mobs dragged the mutilated bodies of Nuri asSaid and Crown Prince Abdul Illah, clowns danced, balloons bobbed, Girl Scouts marched, a giant papier-máché fist rolled by on a float, clutching the viper of imperialism, and a military camel in the parade, poked playfully by happy patriots, turned and spat expertly in their eyes. And under the crisp salute of Premier Karim Kassem-hero of the revolution and a year later still very much the enigmatic hero of the Republic-Soviet...

Author: /time Magazine | Title: THE MIDDLE EAST: One Year Later | 7/27/1959 | See Source »

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