Word: inking
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Dates: during 1970-1979
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During the past decade, remarkable technological advances were made at papers where unions are weak or nonexistent. Machines were developed that could translate an edited story photographically into justified columns of print, without the intercession of printers, hot metal or ink. These new "cold type" procedures are dramatically faster; a photocomposing machine can spew out 150 lines a minute, compared to three lines a minute for a man and a Linotype. At a number of papers like the Los Angeles Times, Dallas Times-Herald, Miami Herald and Detroit News (TIME, Dec. 17), the technology is dazzling. Reporters compose their stories...
Just how much Herstatt lost is not known, but one estimate puts the red ink at $200 million, equal to a fourth of the bank's reported assets. In theory, the bank's founder, I.D. Herstatt, is personally liable for all losses, but he and other shareholders have only $30 million capital equity in the bank...
...Provencal Jewish lineage, Milhaud fled the Nazis in 1940. Throughout World War II he taught at Mills College in Oakland, Calif., then shuttled between Paris and Mills until 1971. All the while he indulged his vast range of musical interests, dashing off finished pieces in one pen-and-ink draft without a piano...
...history at Yale, has pruned and selected this record. In the tradition of Marguerite Yourcenar's Memoirs of Hadrian, he has created what he calls an "autobiographical biography." But it is more than that. From the Emperor's resplendent portrait on the dust jacket to the small ink drawings scattered throughout, the book is both an object of careful craft and a most imaginative example of low-profile scholarship in which Spence's obviously immense efforts scarcely show...
...Beginning Was the End (Praeger; $7.95), the enthusiasm of Author Oscar Kiss Maerth spills over in red ink. The book, subtitled Man came into being through cannibalism-intelligence can be eaten, bears all the markings of pristine eccentricity: a big theme, a closed system of self-perpetuating logic, a disdain for accepted thought, no specific scientific references, no index and no bibliography. Kiss Maerth, who is described as a man born in Yugoslavia who spent many years in a Chinese Buddhist monastery and now lives at Lake Como, seems never to have heard of Lamarckian biology, T.D. Lysenko...