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...rotate end-over-end 31 times a minute to create an artificial gravity for those on board. Freed from the earth's atmosphere, astronomers on the station could peer through telescopes for an undistorted view of the destination of future space trips. How would this ambitious multimillion-dollar project be financed? An idea by Chemist Libby suggested one possible source of funds. In the nearly perfect vacuum of space, he said, scientists would finally have available the contamination-free conditions that would allow them to make diamonds out of coal...

Author: /time Magazine | Title: Space: Beyond the Moon | 7/5/1968 | See Source »

...under John Kennedy. In Britain, however, Harlech is increasingly drawing attention as a man of versatile talents who is making his mark on British life and business. Harlech is already Britain's national film censor and rates as a potentially influential Tory politician. Recently, he took on a multimillion-dollar private venture as the chief executive of a new commercial-television consortium, which begins programming next week with a Special by two of its other stockholders, Richard Burton and Elizabeth Taylor...

Author: /time Magazine | Title: World: Life of a Lord | 5/17/1968 | See Source »

Oklahoma-born Gerri Von Frellick reached Denver 16 years ago with a $2 bill and $643,000 in debts, the wreckage of his overextended Texas construction company. Since then, Von Frellick, 51, has amassed a multimillion-dollar fortune by becoming one of the nation's more venturesome developers of shopping centers (two in Denver, one each in Dallas, San Antonio, Amarillo, Texas, and Boulder, Colo.). Last week, in the Denver suburb of Englewood, more than 5,000 workmen labored in three shifts around the clock to finish his latest and largest creation, 75-acre, $50 million Englewood-Cinderella City...

Author: /time Magazine | Title: Retailing: Fortunes on the Mall | 3/1/1968 | See Source »

When it lost out to Boeing last January in the competition for the contract to develop the U.S.'s first supersonic transport plane, Lockheed Aircraft Corp. still had a multimillion-dollar ace up its sleeve. The Army had earlier awarded the company an $86 million development contract for an aircraft to ride shotgun for the vulnerable troop-carrying helicopters in Viet Nam. Last week at Van Nuys Airport, Calif., Lockheed put its answer in the air: a prototype of the radical AH-56A Cheyenne-a combination helicopter and fixed-wing plane-gave a 15-minute display of its capabilities...

Author: /time Magazine | Title: Aviation: Cheyenne Warrior | 12/22/1967 | See Source »

...effects of the bad growing season have rippled all through California's multimillion agricultural empire. Late fruits reached canneries at the same time as on-schedule tomatoes, causing so much of a jam that a great deal of fruit spoiled while it was waiting to be canned. Farmers, with their orchards maturing late, had no schoolchildren available to help harvest the crops, and the supply of temporary Mexican labor has been reduced since the law covering the use of braceros was tightened three years ago. Governor Reagan angered unions by permitting convicts to help with the harvest...

Author: /time Magazine | Title: Food: The Year the Bees Got Grounded | 11/10/1967 | See Source »

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