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...genuine freak, but he is a pleasant curmudgeon. During the time we rented from him over the Billings and Stover store, we thought that he'd go mad with us hairy freaks running all over the building. But he remained as pleasant as he could, and when a broken pipe in the wall doused our office, he gave us a month's free rent to make...

Author: By Laurence O. Mckinney, | Title: The Mail SQUARE SHOOTING | 3/6/1971 | See Source »

South Marsh Island 73's heartbeat is a powerful oil drill rotating 140 r.p.m., pushing 200,000 Ibs. of pipe with 4,000 Ibs. of pressure. There is an omnipresence about its throb and its beat, shaking the two-storied concrete bunkers the men live in, even as they sleep. It rarely ceases. "Ain't enough wind or rain, ice or fog to ever stop that son of a bitch," one crewman observes with grudging respect...

Author: /time Magazine | Title: Oilmen at Sea: Life on South Marsh Island 73 | 3/1/1971 | See Source »

...realization that however torturous the job is, the money is good, better than they could make anywhere else with their meager education, and that the poverty they come from is even more oppressive. So they stay, breaking their backs for $2.50 an hour, dragging 300-lb. sections of pipe and stacking endless 100-Ib. sacks of chemical...

Author: /time Magazine | Title: Oilmen at Sea: Life on South Marsh Island 73 | 3/1/1971 | See Source »

...injury is with the crew. Two months ago, about 100 miles away on the gulf, a fiery blowout on one platform killed six men and destroyed 20 operating wells. Several veteran roustabouts have fingers missing from accidents. Last September, a roustabout was killed when a 600-lb. section of pipe fell and crushed his skull...

Author: /time Magazine | Title: Oilmen at Sea: Life on South Marsh Island 73 | 3/1/1971 | See Source »

Testifying before the congressional Joint Economic Committee, Burns was wreathed in his customary cloud of pipe smoke, but seemed somewhat less Delphic than usual. He pledged that the Federal Reserve would provide enough money and credit for "healthy economic expansion," but added that the board was already being "quite generous" in supplying funds. "The banks are flooded with money," he said. "What we have is not a shortage of money but a shortage of confidence [among borrowers]." Expanding the money supply at an annual rate above 5% to 6% for any long period, Burns said, intensifies inflationary pressures. Last year...

Author: /time Magazine | Title: THE ECONOMY: Arthur the Independent | 3/1/1971 | See Source »

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