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Died. Robert Alexander ("Steve") Cochran, 48, Hollywood heavy (The Big Operator, The Deadly Companions), a brawny onetime shipyard worker who played movieland mobsters and occasional heroes, except for a surprising leap into Italian avant-garde as the lovesick mechanic in Antonioni's IlGrido; of pulmonary edema, aboard his 33-ft. ketch Rogue, while sailing the Pacific from Acapulco to Costa Rica with a crew of three Mexican women, who drifted helplessly for ten days after his death until they were rescued by a U.S. fishing boat off the coast of Guatemala...

Author: /time Magazine | Title: Milestones: Jul. 9, 1965 | 7/9/1965 | See Source »

...optimistic about the future of shipping than he is, now have $500 million worth of ships on order. Niarchos himself is building one new supertanker in France (not included in this deal), and he intends to devote more attention to his investments in aluminum, oil refining and the Piraeus shipyard...

Author: /time Magazine | Title: Shipping: Negotiations with Niarchos | 1/22/1965 | See Source »

With this kind of brashness, Kennedy fought for and won control of a Boston bank, made himself bank president at 25, and married Mayor John ("Honey") Fitzgerald's daughter Rose. When World War I broke out, Kennedy went to work for Bethlehem Shipyard in Boston as assistant manager, helped the yard break one production record after another. Chief thorn in his side was another ambitious young man, Navy Assistant Secretary Franklin Roosevelt, who drove such a hard bargain that he occasionally reduced Kennedy to tears, and once, when Kennedy refused to deliver two battleships to Argentina until payment...

Author: /time Magazine | Title: Books: The Driving Will | 12/11/1964 | See Source »

Four of the eleven U.S. Government shipyards are on the list. McNamara's choices were based on a slide-rule cost-performance analysis that indicated that, "in summary, Philadelphia stands out as the single best shipyard to retain under all factors evaluated, while Portsmouth and New York [Brooklyn] rate lowest as the shipyards rating retention." Next to Philadelphia, the analysis showed that Boston ranked as "most desirable to retain because of its proximity to the North Atlantic sailing routes and to ships home-ported in the area; and because [its elimination] produces the smallest savings...

Author: /time Magazine | Title: Nation: Erasing the Obsolete | 11/27/1964 | See Source »

Problem of History. McNamara's greatest public relations problem was in doing away with a fair number of installations that are, if nothing else, steeped in history. One was the Portsmouth, N.H., naval shipyard, which has been making American warships since the days of John Paul Jones. Since Portsmouth (pop. 27,800) depends almost entirely on the economic base provided by the shipyard (7,300 employees, an annual payroll of $61.6 million), McNamara put forth a ten-year phase-out schedule for the installation...

Author: /time Magazine | Title: Nation: Erasing the Obsolete | 11/27/1964 | See Source »

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