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...suing utilities have demanded a jury trial. If each suit went to trial, the federal courts would be trying little else for years. But legal experts agree that, once the first suits set a pattern, cheaper and quicker out-of-court settlements are likely to become the rule. Nonetheless, many a youngster just starting law school may well earn his first few years' salary as a member of the bar working on the electrical-equipment suits...

Author: /time Magazine | Title: Industry: Electrical Price Fixing (Contd.) | 12/15/1961 | See Source »

...military aircraft did it little direct good when, in the postwar famine for planemakers, its backlog of orders was cut from 8,000 planes to 24. But the high-powered research establishment and alert management that served it so well in the airframe business enabled the company to launch, quicker than most of its competitors, a crash diversification program. Today, with only 38% of its sales in aircraft, North American consists of six scientifically oriented divisions, each so large that it has its own president. The divisions...

Author: /time Magazine | Title: Aerospace: Strength Through Change | 12/8/1961 | See Source »

...Robert E. Wieland. One Wieland plan to snap National out of its financial spin (it lost more than $7,250,000 for the year ended June 30): "Make it easier for the passenger to get his ticket and get aboard-and when he deplanes, get his baggage to him quicker...

Author: /time Magazine | Title: Personnel: High-Level Mobility | 11/10/1961 | See Source »

...small nations that are normally reluctant to offend Moscow pluckily backed an emergency appeal to Khrushchev expressing "deep concern" over his scheduled 50-megaton explosion -though other small nations and neutrals eventually emasculated it. Britain's most influential Ban-the-Bomber, Philosopher Bertrand Russell, who has been quicker to censure the U.S. than the U.S.S.R. for possessing nuclear arms, stormed out of an hour-long protest meeting with Russian embassy officials. He explained he could take its tea and caviar but could no longer "swallow comments, about the innocence of the Soviet Union; never had there been such innocence...

Author: /time Magazine | Title: World: Two Kinds of Test | 11/3/1961 | See Source »

...aerospace industry is destined to grow, and is bound to change. It will attract steadily more investment, perhaps as much as $18 billion yearly by 1966. It will need more people-fewer unskilled workers, more scientists and technicians. The rapid forward tumble of progress will make for quicker obsolescence, shorter production runs. Today's wide variety of experimental space vehicles will shake down to a few reliable systems. And there will be more incestuous relations among the aerospace suppliers-being top contractors on one project, subcontractors on another...

Author: /time Magazine | Title: Technology: A Place in Space | 10/27/1961 | See Source »

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