Word: karle
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...card business, and the reason that the newcomers are prepared to sell checks without a fee, lies in the "float"-all that money from checks that have been bought but not yet cashed. The check issuer has free use of the funds. Thus American Express's pitchman, Karl Maiden, urges returning vacationers to keep their unspent checks in their pockets as "emergency money"-and his campaign is working nicely. Although no firm returns are in yet on the Maiden campaign, American Express studies indicate that people already keep approximately $1 billion in cash stashed away for rainy days...
...Schmidt and Metallurgy Professor Donald Avery, both of Brown University, report that as long as 2,000 years ago, the Haya people were producing medium-carbon steel in preheated, forced-draft furnaces. A technology this sophisticated was not developed again until nearly 19 centuries later, when German-born Metallurgist Karl Wilhelm Siemens, who is generally credited with using an open-hearth furnace, produced the first high-grade carbon steel...
...singularly curious and inept of TIME to select Hans Küng to comment on the qualifications for the next Pope. Küng questions the fundamental bases of the papacy-its infallibility and primacy. Küng has been judged by such a competent theologian as Karl Rahner to be little different from a liberal Protestant in numerous of his opinions about the church. In fact, Küng has often sailed very close to objective heresy. Great choice indeed...
...shortly after Einstein formulated his theory, a German colleague named Karl Schwarzschild considered one of general relativity's consequences. If a star were to become sufficiently compact and dense, Schwarzschild found, its gravity would so warp space and time around it that the star would literally enclose itself. For a celestial body of the sun's mass, the critical radius turned out to be about 3 km (2 miles). If the star shrunk beyond that, it would vanish. This so-called Schwarzschild radius, or event horizon, is in effect the black hole's boundary. Any matter crossing it simply disappears...
...premium prices because they are stamped with Deak's aquiline features. Other customers stand in line at his 42nd Street outlet in Manhattan to buy gold coins and Swiss franc traveler's checks, which they stash away as investments. At this rate, Nick Deak will be giving Karl Maiden some competition. Still other investors-widows, orphans and the simply frightened-seek Deak for investment advice or put their money into gold, silver or Swiss franc deposits in his banks in Switzerland and Austria. In a dull year he may earn about $1 million for himself. And this...