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...money had been the last big hurdle to an agreement. Torrijos had initially demanded a more than $5 billion package???$1 billion as "reparations" for the years of U.S. control of the canal, then an annual $200 million payment. But President Carter wrote him a letter pointing out that there were political and other constraints on the amount he could get if he wanted a treaty?in other words, the higher the price tag, the lower the chances of Senate ratification. Torrijos got the message. Declaring a national holiday to commemorate the signing, Torrijos mingled regret with relief. "In truth...

Author: /time Magazine | Title: The Nation: Ceding the Canal-Slowly | 8/22/1977 | See Source »

From an equipment bay on the other side of the LM, the busy spacemen will remove EASEP (for Early Apollo Scientific Experiments Payload). They will set up one part of the package???a laser-beam reflector?some 70 ft. from the LM. The other experiment, a seismometer for measuring moonquakes and meteor impacts, will be placed 10 ft. farther away. Both will be left on the moon for the benefit of earthbound scientists (see following section...

Author: /time Magazine | Title: THE MOON: FLIGHT PLAN OF APOLLO 11 | 7/18/1969 | See Source »

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