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...plans to redevelop most of the islands to their prewar farming and fishing levels. Iwo Jima, for one, will take a lot of patient cultivation. After 23 years, it still remains a desolate battlefield, where hulks of landing craft and shell casings jut from the black volcanic sand. Farther inland, in tunnels and caves, lie the bones of thousands of Japanese soldiers, which the Japanese hope to send home. And hidden like deadly thorns among the island's thick green vines, an arsenal of mines and shells still awaits the invader's incautious footsteps. The Japanese, who planted...

Author: /time Magazine | Title: Iwo Jima: Return of a Battlefield | 4/5/1968 | See Source »

...flame. Then the Israelis called out their air force. For nearly seven hours, squadrons of jet fighter-bombers dumped rockets, phosphorus bombs and napalm on the East Bank. They destroyed a guerrilla base, damaged several towns, terrorized Arab refugee tent-camps and knocked out gun emplacements as far inland as Irbid, 20 miles away on Jordan's arid central plateau...

Author: /time Magazine | Title: Middle East: Israel Strikes Back | 2/23/1968 | See Source »

...Bahamas 500, one of the world's toughest ocean races. Despite 8-ft. seas and 25-knot winds, the Drift-R-Cruz finished the race at Freeport, one of only 16 boats in a starting field of 63 to do so. Another Drift-R-Cruz traveled along the inland waterways all the way from St. Petersburg, Fla., to Montreal's Expo 67 and then across the Great Lakes to Oshkosh, Wis., a 6,600-mile trip, occasionally towing as many as five water skiers at a time...

Author: /time Magazine | Title: Recreation: Hot Houseboat | 2/16/1968 | See Source »

...cost of new equipment, most steel companies suffered sharp earnings declines in 1967. Net income of U.S. Steel, the industry leader, dropped 31%, to $172,499,331 on sales of $4.07 billion. While that decline was a year-long affair, several rival steelmakers-including Bethlehem, Republic and Inland-showed fourth-quarter profit increases as customers started stockpiling in anticipation of a possible steel strike next summer. Other metals companies, among them Kaiser Aluminum and Reynolds Metals, also skidded in 1967; Alcoa managed a 1.2% profit increase, but that reflected receipts from the sale of two of its subsidiaries...

Author: /time Magazine | Title: Earnings: Cycles & Slumps | 2/9/1968 | See Source »

...simulation games end in war all too often. A member of Inland said, "We all found war a more entertaining solution." Of course, as in a card game for matchsticks, the players had nothing to lose

Author: By Laura R. Benjamin, | Title: TV Program Shows That War Can Be Fun | 1/5/1968 | See Source »

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