Word: landed
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Dates: during 1940-1949
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...speed, 9,140 m.p.h., would carry the ship 1,200 miles on an elliptical course outside the atmosphere. As it curved down toward the earth, it would meet the air again and turn into a non-powered glider. Coasting through the air for another 1,800 miles, it would land at 150 m.p.h.-not much more than the landing speed of many modern fighter craft. Duration of flight from Los Angeles to New York: one hour...
...stock and history, Hilton teamed up with Builder Henry Crown (TIME, Nov. 28) and signed the biggest check of his career-$7,500,000-as a down payment. For a total of $19,385,000 he picked up a hotel that had cost $25,800,000 to build on land worth $10,000,000. He thought that it was even a better bargain than the Stevens...
...needed a new hotel-and he built it by a fabulous deal that Dallas still recalls with wonder. He started by persuading George Loudermilk, an ex-undertaker and a large landholder, to give him a 99-year lease on some Dallas property he owned. Then he used the leased land as collateral for a $500,000 bank loan. Hilton put up $100,000 of his own money, and raised $200,000 from friends. He needed another $150,000, and he borrowed it from the contractor who was to build the hotel. Then he ran out of money and his troubles...
Conrad Hilton thinks such a future is fine and he plans to start making it come true by building high-priced, small hotels in the smaller cities which were passed over in the hotel-building '20s. He is now eyeing land in Atlanta, Beverly Hills and Havana. But he does not think that anyone will ever again build huge hotels like those he gobbled up in the last few years. Nor does he expect to buy any more big ones, at least not right away. With the air of a tired conqueror he asks: "After all, where...
...Cargo Day" meeting in Manhattan's Hotel Statler, he described it. It should have four engines and be able to carry 50,000 Ibs. of cargo on a 3,000-mile flight at 250 m.p.h. It should be able to fly at 20,000 ft., land on a 6,000-ft. runway. Engines and equipment should be designed for easy repair and cargo doors should be wide enough for a 2½ ton Army truck...