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...Three Cities' Chambers of Commerce formed a committee to obtain pledges from local residents to buy $5,000,000 worth of shares, pushed the stock to $34. Some Endicott-Johnson employees circulated a petition requesting that $10 million of their pension fund be invested in E-J stock if necessary to block Glen Alden's bid, got 65% of the workers to sign. One reason: many E-J workers migrated from nearby coal fields where Glen Alden mining operations declined in recent years, caused layoffs...

Author: /time Magazine | Title: Corporations: Invaders Repelled | 1/20/1961 | See Source »

Only One Choice. "I just have a general feeling of horror," the State University of Iowa's Space Expert James Van Allen told TIME. "We have only one choice. We've got to obtain an inspection-system agreement with the Russians-and fast." Said Eugene Rabinowitch, editor of the Bulletin of the Atomic Scientists: "We need to rededicate ourselves to world law. We will give up some of our sovereignty, perhaps, but in return we may well be saving the human race." Harvard's Henry Kissinger (Nuclear Weapons and Foreign Policy} suggests "an effective international agency...

Author: /time Magazine | Title: The Atom: Into the Open | 1/2/1961 | See Source »

...Year also include the prodigious striplings of science. One is Biologist Joshua Lederberg, 35, a Nobelman in 1958 for his demonstration that viruses can change the heredity of bacteria, who is now deep in the study of a new science that he calls "exobiology" ?an attempt to obtain and compare life on other planets with that on earth. Another is Physicist Donald Glaser, one of the U.S.'s two Nobel prizewinners in science for 1960 (Chemist Libby is the other). Glaser's award came for his development of the bubble chamber, a quantum jump in the study of atomic...

Author: /time Magazine | Title: Man of the Year: Men of the Year: U.S. Scientists | 1/2/1961 | See Source »

Under traditional purification methods, salt or brackish water is either heated to a vapor and then condensed, leaving foreign matter behind, or else it is frozen into ice, thereby separating out the brine, and then remelted to obtain a pure product. The Ionics system, developed by Executive Vice President Walter Juda, does neither. It is an electrical process that exploits the natural attraction of opposite charges. Ionics uses a 4-ft. stack of 18-by-20-in. plastic membranes, 1/32-in. thick and 1/25-in. apart, between which the brackish water circulates. When voltage is applied across the stack, positively charged ions...

Author: /time Magazine | Title: Science: Watering Rocket Bases | 12/19/1960 | See Source »

...their proposal. The multiplicity of producing organizations has been one of the primary reasons for the vitality of Harvard theatre. A play requires a large number of students for production, but not a majority of the theatre community. In the past a director and producer, when unable to obtain the backing of one group, has been able to turn to another. A production could never be forever damned by a single organization...

Author: NO WRITER ATTRIBUTED | Title: The College and the Loeb | 12/14/1960 | See Source »

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