Word: leaking
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Dates: during 1950-1959
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...celebrated misfire of the Vanguard satellite (TIME, Dec. 16) falls into the category of battles that were lost for want of a nail. Studying films and performance data, technicians have traced Vanguard's failure to a leak sprung in a fuel line. The leak produced two quick effects: 1) because an improper ratio of fuel was being pumped into the thrust chamber, the missile lost thrust; 2) escaping fuel spurting against the hot pump assembly caught fire, turned Vanguard into a grounded inferno when the fire backlashed to the fuel tanks. Total cost of the malfunctioning part that punctured...
...suppose some of this will leak out," growled jowly Congressman Charlie Halleek in the midst of a closed-door battle with other top Indiana Republicans last week. "It always does." What Halleck feared was that the press would get wind of a new, wide-open schism between right and left wings of Indiana's Republican Party. What he did not know was that for two hours of gory infighting in an Indianapolis hotel room, a live microphone on the table had faithfully broadcast almost every feuding word to newsmen clustered around a loudspeaker in a nearby press room...
...occasions when dailies and wire services were able to report a big political story unequivocally and simultaneously. Not until the long wrangle was nearly over did the feuding politicos discover that their fight was on the air. One of the first to hear of the leak was a secretary at G.O.P. headquarters, who trustingly telephoned the press room and asked Indianapolis Newsman Ed Ziegner to relay the news to Matthews. "I did, too," said Ziegner. "After the meeting was over...
...symbolism was getting out of hand. At Cape Canaveral, Project Vanguard scientists and Pentagon aides briefed 127 U.S. and foreign newsmen on the hopes, the postponements, the new times of firing and even the homely housekeeping details of the usually top-secret countdown; e.g., there is a valve leak; a new valve is being tried, but there is difficulty aligning it; the old valve is put back, it still leaks, but is soon fixed...
After months of slow leak, the rest of the air went out of Wall Street last week-and it went with a whistle. In five days of heavy trading, stocks on the New York Stock Exchange lost $8.7 billion of their value. Thursday was the worst. As 3,300,000 shares changed hands, the Dow-Jones industrial average plummeted 9.69 points, the rail average 4.59 points in the sharpest break since Oct. 10. 1955, the week after President Eisenhower's heart attack. Though a strong surge on Friday checked the losses, the attrition left the market average...