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Formidable Fleets. Since 1957, Russia has added to its navy virtually all of the ships that now make up its impressive striking power. It has a modern force of 19 cruisers, 170 destroyers, missile frigates and destroyer escorts, and 560 motor torpedo boats. Its 360 submarines, 55 of them nuclear, give Russia the world's largest submarine fleet, far exceeding the U.S. total of 155 subs but falling short of the U.S. fleet of 75 nuclear subs...

Author: /time Magazine | Title: Russia: Power Play on the Oceans | 2/23/1968 | See Source »

...remarkable strengths of General Motors Corp. is its ability to hang on to key men through a system based on tradition, hefty salaries, and stratospheric but delayed bonuses subject to costly forfeit if a man quits. Automen were understandably astonished two weeks ago when Semon Emil ("Bunkie") Knudsen, G.M.'s fourth-ranking officer, abruptly resigned as executive vice president and a company director. Even more stunning was last week's announcement that Knudsen had become the new president of Ford Motor Co., G.M.'s archrival in one of the toughest competitions private enterprise has yet produced...

Author: /time Magazine | Title: Autos: The Biggest Switch | 2/16/1968 | See Source »

...splendid contribution toward a solution of the problem of compensating automobile-accident victims [Jan. 26]. Only lawyers with a vested interest in automobile-accident litigation fail to discard the "central myth" that auto accidents can be avoided and that recovery must be founded on fault. The lethal nature of motor vehicles and the sheer weight of their numbers render accidents inevitable, divesting them of purely private concern-the subject of litigation predicated on negligence...

Author: /time Magazine | Title: Letters: Feb. 9, 1968 | 2/9/1968 | See Source »

Into Saigon in the days just before Tet slipped more than 3,000 Communist soldiers armed with weapons ranging up to machine-gun and bazooka size. Some came openly into the open city, weapons concealed in luggage or under baskets of food, riding buses, taxis and motor scooters, or walking. Others came furtively: some of the Viet Cong who attacked the U.S. embassy had ridden into town concealed in a truckload of flowers. Once in town, they hid their weapons. Only after the attack did Vietnamese intelligence realize that the unusual number of funerals the previous week was no accident...

Author: /time Magazine | Title: The War: The General's Gamble | 2/9/1968 | See Source »

Spies who stay out in the Detroit cold these days are working overtime trying to turn up intelligence about the final styling and appearance of the new Continental Mark III. As it happens, Ford Motor's Lincoln-Mercury division is shielding the Mark III like an H-bomb until its well-publicized first appearance at the Chicago auto show late this month. Last week, however, at least one spy managed to foil Ford's counter-intelligence and photograph a Mark III during trial spins at the company's Dearborn test track. The picture shows a very stylish...

Author: /time Magazine | Title: Autos: Stalking the Mark III | 2/9/1968 | See Source »

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