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While academics think of the vents as fascinating natural chemistry labs, capitalists view them as mini-refineries, bringing valuable metals up from the planet's interior and concentrating them in convenient locations. Oceanographers have long known that parts of the Pacific sea floor at depths between 14,000 ft. and 17,000 ft. are carpeted with so-called manganese nodules, potato-size chunks of manganese mixed with iron, nickel, cobalt and other useful metals. In the 1970s, Howard Hughes used the search for nodules as a cover for building the ship Glomar Explorer, which was used to salvage a sunken...

Author: /time Magazine | Title: THE OCEAN FLOOR: THE LAST FRONTIER | 8/14/1995 | See Source »

...skinned in a city (Washington) where--a source of ideological discomfort--light skin proclaims the black elite. He was educated in the Ivy League, has climbed high in his profession. But precisely the reasons for which he should feel self-respect, airtight reasons for a white man, raise confusing interior questions about his identity as a black man. Or so I surmise. Hence the anger. Ellis Cose wrote a book called The Rage of a Privileged Class about black executives and law partners who earn half a million dollars or more a year and feel sorry for themselves. My friend...

Author: /time Magazine | Title: THE MUSEUM OF SLAVERY? | 8/14/1995 | See Source »

...Italianate Victorian house has an entry hall; a grand living room with fireplace, interior shutters, bay windows, wide pine floors; a dining room with original plaster moldings and formal French doors opening to the deck and gardens; and a modern chef's kitchen with oak floors and an arched ceiling...

Author: By Andrew L. Wright, | Title: Harvard Residence Of Du Bois Is for Sale | 7/25/1995 | See Source »

John Magaw, installed as ATF's director in 1993 in a post-Waco shuffle, has vowed to reform the agency and resolve its interior conflicts. But some agents question his commitment, especially in light of his decision to rehire two leaders of the Waco raid fired last October after the Treasury Department's scathing "Blue Book" report blamed them for botching the action and later lying about why it had failed. The rehiring caused ATF self-esteem to droop yet again. "I've never been more ashamed of being an ATF agent than I am right now," an agent wrote...

Author: /time Magazine | Title: ATF UNDER SIEGE | 7/24/1995 | See Source »

Nine federal agencies presented their programs this year, including the U.S. Department of Interior, which submitted "Reinventing the Bureau of Reclamation," and the U.S. Immigration and Naturalization Service, which presented "Operation Jobs," a program that allowed the bureau to work with employers as "clients" to insure that positions formerly filled by legal aliens would be filled by legal workers...

Author: By Valerie J. Macmillan, | Title: K-School Rewards Innovation | 7/18/1995 | See Source »

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