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...artist's model is surviving the art. At 53 years of age, the U.S. Indianhead nickel is now vanishing like a lost tribe. But at 103, Seneca Chief John Big Tree, one of the three men who posed for the 5? bas-relief by Sculptor James Earle Fraser, has suffered little depreciation. Chief Big Tree has so much mettle, in fact, that he traveled down from his home near Syracuse, N.Y., to help the Chase Manhattan Bank observe the 100th anniversary of the first U.S. nickel. The celebration featured a nickelodeon, a cigar-store Indian and a carrousel buffalo...

Author: /time Magazine | Title: People: May 13, 1966 | 5/13/1966 | See Source »

Since late last year, the silver-short U.S. has been forced to mint silverless "sandwich" quarters and dimes containing a central layer of copper between two thin slices of copper-nickel alloy. Now another Government agency has suggested a more direct solution: find more silver. To aid prospectors, U.S. Geological Survey scientists have designed and successfully tested a "silver snooper," a device capable of locating silver deposits buried as deep as three feet below the ground. By shooting a stream of neutrons into the earth, the snooper turns the silver temporarily radioactive, causing it literally to signal its presence...

Author: /time Magazine | Title: Radiation: Atomic Signals from Silver | 5/13/1966 | See Source »

...some multimillion-dollar construction contracts in the Mekong River development project in Viet Nam, Thailand, Laos and Cambodia. Throughout Southeast Asia, Japanese businessmen and local entrepreneurs have set up 35 joint companies, including steel mills, auto-assembly plants, transistor-radio factories and big iron, copper, bauxite and nickel mines...

Author: /time Magazine | Title: Asia: Japan's Aid Push | 4/15/1966 | See Source »

Although a few speculators had already introduced metal tokens into a few Nevada houses-notably Spark's Nugget and Lake Tahoe's Wagon Wheel -Segel's tokens (usually nickel alloy) began rolling around the state like tumbleweed, are now being shoved into the slots of one-armed bandits in 50 of the state's 70 gambling houses. For the operators, it means more than nostalgia. The coins have proved a source of revenue. Customers have taken such a shine to tokens that instead of cashing them in for a dollar upon leaving, they have begun...

Author: /time Magazine | Title: Recreation: Hi-Ho, Silver! | 3/25/1966 | See Source »

...defense spending for the war, though the attendant dangers of tax increases and price and wage controls may also be issues. "We're going to have to answer the Republicans on inflation," concludes South Dakota Democratic Official Herb Teske. "They're comparing the dollar to a wooden nickel, blaming the President and saying we can't support our boys in Viet Nam and Great Society programs at the same time...

Author: /time Magazine | Title: Elections: The Outlook for November | 3/11/1966 | See Source »

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