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...house of modern technology. Note the repeated theme of blindness, and the plane that will bring annihilation to the world. Like the world, human love has no future. And little religious comfort. (The fish was an early symbol of Christian faith, now reduced-hence "few fishes.") Mirth, too, has shrunk to "narrow laughs," though the poet, like Western man himself, fondly recalls the lost gentleness of childhood ("to crawl was tender...

Author: /time Magazine | Title: Books: The Pocketa, Pocketa School | 5/25/1962 | See Source »

...public service." Chances are that despite the impact of the Pulitzer prizes, journalism's sense of public service has always been there. The prizes were founded in an era when such journalistic crusaders as Lincoln Steffens and Joseph Pulitzer himself loomed larger than life. But the globe has shrunk since then, and journalism's job has expanded...

Author: /time Magazine | Title: The Press: Spring Sweepstakes | 5/4/1962 | See Source »

CONFUSA: Then how could the steel companies justify price increases? HONESTUS: The industry's essential argument was that in the past few years steel profits have shrunk to the point where steel companies (after paying corporation taxes to the Federal Government and dividends to stockholders) did not have enough "retained earnings" left over to meet their needs for investment in modernization of plants and equipment. Total steel-industry profits, which ran to about $1.1 billion a year in the mid-igsos, declined to about $800 million a year over the past four years...

Author: /time Magazine | Title: Nation: A Dialogue On Steel | 4/27/1962 | See Source »

...investment-some $400 million a year-that the company feels it needs to modernize its costly plants. It was an argument not to be lightly dismissed. Though U.S. Steel's profit margins have consistently bettered the average for U.S. manufacturing as a whole, its after-tax earnings have shrunk from $302 million in 1958 to $190 million last year, lowest since 1952. But the rest of the industry has done better; taken as a whole, earnings of the ten next biggest companies went from $403 million in 1958 to $412 million...

Author: /time Magazine | Title: State of Business: The Economics of Steel | 4/20/1962 | See Source »

...heart of the gadget is a TV picture tube shrunk to the size of a small flashlight. But for the person who straps it on his head, the Hughes Aircraft Company's "Electrocular" does a giant-sized job: it is as efficient as a pair of eyes in the back of the skull. A small, semi-transparent mirror projects in front of the wearer's right eye, reflecting whatever picture the TV tube presents. So close to the eye is the image that it looms large and clear, but Hughes engineers insist that a user quickly learns...

Author: /time Magazine | Title: Science: Second Sight | 4/13/1962 | See Source »

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