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...largest tanker, the 104,500-ton (loaded) Universe Apollo. The first of five planned supertankers, the Universe surpasses the largest previous bulk carriers, Ludwig's 85,000-ton tankers. With a length of 950 ft. and a beam of 135 ft., Universe Apollo is the widest merchant ship afloat, and the third longest (ranking after the Queen Elizabeth and the Queen Mary...

Author: /time Magazine | Title: SHIPPING: Dona's Daughter | 12/15/1958 | See Source »

...portrait of the academic world in contrast and conflict with the materialistic marketplace. Yet if we look carefully we will see that the university is actually an extended preparation for the marketplace, and that the scholar is in fact the last rugged individualist. Today's professor inherits from the merchant prince and the captain of industry, not from the bespectacled dreamer of myth and joke...

Author: By Christopher Jencks, | Title: Higher Education for Women; Problem in the Marketplace | 12/11/1958 | See Source »

...Kremlin's new plans, which also include closing down unprofitable coal mines at Zwickau, cutting output of machine tools that Russia now produces, curtailing expansion of the ill-placed Stalinstadt steel works, building a merchant marine for Red China, and collectivizing more potato lands, spell harsh new shutdowns and uprootings for the East Germans. Nonetheless, it is a complete reversal of Russia's postwar practice of ripping up railroads, carrying off generators and machine tools...

Author: /time Magazine | Title: EAST GERMANY: Most Useful Satellite | 12/8/1958 | See Source »

...with-the-wind speech at the annual town-gown day in Big Spring, Texas (pop. 24,800), Johnson dashed off a list of likely congressional specifics: a depressed-areas bill, "an atomic merchant marine," bigger water development programs for the West, "a bold housing program," "jet-age" airport facilities, "courageous urban renewal," a mild antirackets labor law like Kennedy-Ives, outer-space exploration, "a consistent policy for Latin America," "bold, new, imaginative" foreign policies. He hinted at new attacks upon Administration hard-money policy ("We need to face up to the high interest rates which are slowing the needed growth...

Author: /time Magazine | Title: THE CONGRESS: Ahead of the Wind | 11/17/1958 | See Source »

...retailers. Everybody is a little at fault. Says Chicago B.B.B. Vice President Aubra Johnston: "The customer wants to think he drove a hard bargain. The retailer helps him kid himself. And the retailer and the manufacturer get together to back up their inflated price." Many a merchant blames his competitors, says he would like to stop, "but I have to do it to stay in business." In rare instances, store executives are hoodwinked by their own buyers. One San Francisco department store found its buyer offering ladies' wool coats at "$14.99, formerly $19.95 to $25.95." It turned out that...

Author: /time Magazine | Title: PHONY PRICE-CUTTING: Threat to Advertising Confidence | 11/10/1958 | See Source »

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