Word: ince
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Dates: during 1960-1969
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This week, however, the letter is from the editors of TIME, because its subject is publishers-past, present and future. Our colleague Jim Shepley is leaving his post at TIME to become president and chief operating officer of Time Inc., TIME'S parent company. We are sad to see him leave the magazine where, as he says, "I have spent 27 of my professional years in journalism...
...other well-remembered TIME publishers are also assuming new positions. Because of recent illness, our publisher from September 1945 to April 1960, has asked to be relieved of the presidency of Time Inc., a post he has held for the past nine years; he will continue to serve the company as chairman of the executive committee. Finally...
...beds of mud. After that, every last trace of trail was obliterated. The drivers were forced to slash their way down a seemingly impenetrable slope of mountain. As much as anything, the race was designed to test the vehicle's mettle. Said Dick Advey, director of Action Age Inc.: "Americans are so performance-conscious that it would be impossible to have any kind of vehicle in this country and not have it raced. That is what snowmobiles had to do, and these new vehicles can do so much more that racing is a natural showcase...
Delayed Payment. Chiefly affected by Kaunda's "request" will be the Roan Selection Trust, Ltd., 43% of which is owned by Manhattan-based American Metal Climax, Inc., and Anglo American Corp. of South Africa Ltd. In addition to taking over controlling interests in the firms, Zambia will substitute 25-year leases for their existing leases "in perpetuity," and replace the present 44% royalty and export tax with a 51% mineral tax. The nationalized companies' holdings have a book value of about $784 million. Kaunda expects to pay shareholders for their loss entirely out of future copper profits. These...
...first commercial application of this "burping" principle is in a photographic strobe light being marketed under license by Honeywell Inc. No bigger than a cigarette lighter, the attachment can restore the light unit to full power in 15 minutes. Eventually, McCulloch expects the system to find a wide variety of home, industrial and military uses. And McCulloch engineers see no reason why the technique can not be applied to electric cars...