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REPUBLIC Steel Corp. will build a $1,000,000 plant in Toledo to make 50,000 lbs. a day of powdered iron by a new process. Precision parts (e.g., cams, gears) molded of powdered iron fuse under heat into hard, smooth shapes that need no expensive machining. If Republic, the first big steelmaker to enter the field, can produce big quantities of powdered iron cheaply, it will be good news to airplane and automakers, who never have been able to get enough...

Author: /time Magazine | Title: Business: TIME CLOCK, Jul. 13, 1953 | 7/13/1953 | See Source »

...Lyon lit the fuse himself. A craggy-faced individualist, he sat down before the Senate Interior Committee determined to tell the unvarnished truth. He had worked for the Anaconda Copper Mining Co. and its subsidiaries for 34 years. The Truman Administration had brought him to Washington in late 1951 as minerals chief in the Defense Materials Procurement Agency. Lyon added that he draws a $5,000-a-year pension from Anaconda and that the pension is revocable at the will of the company. At that bit of information, Senators' eyebrows shot up. Washington's Democratic Senator Henry...

Author: /time Magazine | Title: THE ADMINISTRATION: Lyon in the Senators' Den | 7/6/1953 | See Source »

Scientists, always at their touchiest when their motives are impugned, began to seethe. Dr. Astin, a quiet, lanky Ph.D. in physics from New York University, has been with the Bureau of Standards since 1932, was one of the principal developers of the proximity fuse in World War II. Editorialized Science, the publication of the American Association for the Advancement of Science: "The independence of the scientist has been challenged ... A gross injustice has been done . . . Scientific work in the Government has been placed in jeopardy." Then the Senate Small Business Committee, headed by Minnesota's Republican Senator Ed Thye...

Author: /time Magazine | Title: THE ADMINISTRATION: Turnabout | 4/27/1953 | See Source »

...Fuse, No Fuss. A circuit breaker that replaces electric fuses in homes and can't burn out was put on sale by Mechanical Products, Inc. of Jackson, Mich. Called Mini-Breaker, it cuts off current whenever there is an overload or short circuit, needs only a push of a button to restore service. Price: $1.50, or four...

Author: /time Magazine | Title: GOODS & SERVICES: New Ideas, Mar. 16, 1953 | 3/16/1953 | See Source »

...fuse of the bomb was the unexpected public interest in depth pictures. When the recent big box-office returns started coming in from 3-D movies, the rush began for the vaults and the warehouses to dust off and improve 3-D equipment. The basic principles of three-dimensional films have been kicking around for more than 25 years-e.g., audiences back in 1937 put on red & green glasses to watch Pete Smith's "audioscopiks...

Author: /time Magazine | Title: Cinema: New Voyagers | 2/16/1953 | See Source »

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