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Corona Del Mar, Calif...

Author: /time Magazine | Title: Letters: Jul. 16, 1965 | 7/16/1965 | See Source »

...Edward Harold Litchfield: "Edward, don't you have enough balls up in the air now?" Replied Litchfield, who was running a $100 million drive to upgrade Pitt, promoting a $250 million redevelopment of the school's Oakland neighborhood, serving as chairman of S.C.M. Corp. (formerly Smith Corona Mar-chant), and heading Studebaker Corp.'s Executive Committee: "Maybe I do-but don't call me down on it till I drop one." By last week it was clear that Litchfield had finally fumbled a big one: Pitt...

Author: /time Magazine | Title: Education: Pitt's Juggler Fumbles | 7/2/1965 | See Source »

Revolutionary Radar. Nike-X's brain is a revolutionary, Army-developed multifunction array radar (MAR), which uses lightning-fast electronic switching instead of the conventional radar an tenna to direct its beams, thus can "see" 360° at a glance. The Army now has a prototype MAR installation at White Sands, N. Mex., is building another on Kwajalein Island in the Pacific. MAR can 1) detect incoming missiles hundreds of miles away; 2) determine which of the missiles have warheads and which are decoys; and 3) track the missiles as they streak toward their U.S. targets...

Author: /time Magazine | Title: Defense: The $25 Billion Question | 6/18/1965 | See Source »

...Army envisions it, MAR control centers across the U.S. will stand sentry duty against ICBM attacks. A MAR center outside New York City, for example, will cover the East Coast from New England to Washington. Each center will have a three-story, underground, concrete-and-steel residence for computers assessing the information given by the radar beams...

Author: /time Magazine | Title: Defense: The $25 Billion Question | 6/18/1965 | See Source »

...fixed and revered as the changing of the guard, the Bank of England's 18 di rectors meet behind its Corinthian col umns and mahogany doors to plot their strategy for protecting the pound. In measured tones, they debate how much money to borrow in the domestic mar ket, whether to buy or sell sterling in foreign markets and - most important -whether to change the bank's interest rate. After each meeting the chief liai son man, Peter Daniell, dons his top hat, starts on a 21-minute walk across Bartholomew Lane in London's City. Precisely...

Author: /time Magazine | Title: Britain: Sterling Signs: Good & Bad | 6/11/1965 | See Source »

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