Word: research
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Dates: during 1950-1959
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Hole in Space. Widely popular in a profession full of jealousies, Van Allen has a cheerful scorn for his new-found importance. Recently, he told a solemn gathering of scientists, he had been asked for a definition of space. "After a vast research program, which depended very heavily upon the use of a number of highspeed computers, I am pleased to offer you the result: 'Space is that in which everything else is.' In other words, 'Space is the hole that...
During recurring times of crisis, he may reduce his lunch to an apple or skip it altogether, but he still finds time to fly kites with his four children ("a little high-altitude research," he calls it), likes to work in his basement workshop. His most recent achievement: a model covered wagon, big enough to hold his nine-year-old daughter and friends. For the brilliant assistants and students who have gathered around him, he has full appreciation. "I am a sort of scoutmaster around here," he says mildly...
CORPORATE DIVIDENDS may reach $13.7 billion this year, up from $12.3 billion last year, predicts National Securities & Research Corp...
...bitterly resentful of continued foreign economic aid, which they regard as expenditure of hard-earned U.S. tax dollars to build up tough foreign competition for taxpaying U.S. businesses.) What businessmen can do, say U.S. Assistant Secretary of Commerce Henry Kearns and fellow officials, is cut the lead time on research and development, pull off the shelf better products originally planned for future exploitation, sharpen up their selling tactics. What U.S. labor must do, says many an economist (see State of Business), is face up to the fact that it can no longer afford raises not balanced by gains in productivity...
...Lear, his company's growth is only the beginning. He thinks that a whole new market is opening up in the fast-growing field of private flying, predicts that it will expand fourfold by 1965, is spending $1,200,000 a year on new-product research. To make the crowded air safer, the CAB last year drafted a proposed order directing planes intending to fly in all weather to install airline-quality equipment by 1961. The order roused such protests on grounds of expense that it was withdrawn. Lear is confident that a similar order will eventually be issued...