Word: shapely
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Dates: during 1950-1959
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...Long Shadow of John Dewey" is the most concise and comprehensive statement on U.S. education since Sputnik. Could it not be that a hierarchy of educationists has distorted and stretched Dewey's shadow to a shape and length he himself never intended...
...offensive submarine program is in promising shape. Last week Skate, third U.S. operational atomic submarine, crossed the Atlantic east to west under water in 7 days 5 hr., sliced 20 hours off the old England-to-U.S. record set by Nautilus, became the first boat to complete an Atlantic underwater round trip...
...with excess stocks of 781 million bbl.-65 million more than last year. Oil production in Texas and Oklahoma has been chopped back drastically; Venezuela, which sends 20% of its crude production to the U.S., has been forced to reduce production even more. Canadian oil sales are in bad shape, and refinery runs of Alberta crude, which comprises 90% of Canada's oil, are at a new low of 271,958 bbl. daily. Only in the Middle East is production still climbing; even there economists fear that oil companies out for quick profits, and Arab rulers anxious for heavier...
What worries the industry is that by the time red-taped CAB gets around to deciding on a fare boost, so many lines may be in such serious financial shape that they will have trouble competing. Though the industry recently got an interim 6.6% fare increase, it will only boost the 1958 profit margin to 2.6%, far less than is needed to pay for jets. Domestic carriers still need $600 million, but simply cannot make the healthy profit needed to attract bank financing. Wall Street is just as cool to equity financing: common stocks of the twelve lines are selling...
...empty third-stage rocket, which was separated from it by a clockwork device that released a weak spring and pushed the two bodies apart. Dr. John P. Hagen, head of Project Vanguard, says that satellite and rocket are still moving apart slowly. The rocket, which has an irregular shape, will be more strongly affected by such little air resistance as there is even at orbit's perigee and will therefore be the first to drop back into the atmosphere and vaporize. But this will not happen for a long time...