Word: merchantable
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Dates: during 1950-1959
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...Even when we use the electronic calculator we are indebted to the long-forgotten Eastern merchant who first adapted number signs to the layout of the abacus. His predecessor, the temple scribe who gave each pebble a number value ten times as great when moved one groove to the left, first gave ordinary men a clear idea of the use of a fixed base in mathematics. The electronic calculator of today still makes use of a fixed base, though it commonly employs a base of two instead of ten . . . All our modern aids to calculation are the rewards of work...
...biggest merchant-ship construction program ever planned by a private U.S. steamship line was launched last week. Moore-McCormack Lines signed an agreement with the Federal Maritime Board to build 33 ships at a cost of $313 million. By the late 1960s, Moore-McCormack will almost completely replace its present fleet of 35 vessels. To pay the bill, the Government will put up about one-third of the money, roughly the difference in costs between U.S. and foreign shipyards. Among the new ships: two 18,200-ton 553-passenger cargo liners, to cost $24,444,181 apiece, which will replace...
This Moore-McCormack deal follows a similar one with American President Lines (TIME. Jan. 17), which called for 19 ships at a cost of $175 million. By these deals, the Maritime Board hopes to keep the U.S. merchant fleet in trim and prop up employment in U.S. shipyards...
Every Boy's Life. Forrest Reid, maker of this strange world, was an Ulsterman who began life as a tea-merchant's clerk and ended up a part-time writer living alone with his dogs in Belfast, playing bridge and croquet. When he died at 70, in 1947, he left behind a handful of novels and about a roomful of ardent admirers. One was Novelist E. M. Forster, who now introduces the Tom Barber trilogy of novels to U.S. readers. Reid's work, he concedes, has "puerilities and longueurs." But it is the work of "an extremely...
...Thomas a Becket impressed the King with his courage (he would ride to war at the head of his own troop of knights) and skillfully helped Henry rule his vast realm. But to keep the King's peace, Becket had to keep peace with the King. Monarch and merchant's son became friends. Hawking in the marshes of Essex or carousing in the taverns of Cheapside, they were seldom apart...