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...monopoly on telegraphic communications, at first turned down an offer to buy Bell's patents. When Bell's invention began to hurt its business, it came out with a better transmitter developed by Thomas Edison, went into competition with Bell. Dozens of independent telephone companies sprang up, creating what one observer called "a state of enthusiastic uncertainty...

Author: /time Magazine | Title: UTILITIES: Voices Across the Land | 2/23/1959 | See Source »

...Congo; last week they found troubles closer to home in Nyasaland. There, when police in the capital city of Zomba tried to break up an illegal parade in honor of the ubiquitous Dr. Banda, a riot broke out in which cars, shops and offices were stoned. In Salisbury, something sprang up called the European National Congress, dedicated to "the unity of the white race in all Africa in the face of the rising tide of black nationalism...

Author: /time Magazine | Title: SOUTHERN RHODESIA: Extremism v. Extremism | 2/2/1959 | See Source »

...another figure stood ready to halt the proceedings by pushing a button marked SCRAM. Directed the squawk box: "Insert H-6." As the last bar moved into place, an amber smear shot across the gauge, the radiation count soared to a million a second -and an atomic blaze sprang to life. Thus the nation's first large, privately owned test reactor, built by General Electric Co., went into operation last week...

Author: /time Magazine | Title: ATOMIC ENERGY: The Powerhouse | 1/12/1959 | See Source »

Just as sharply as it had fallen, the market rebounded at midweek, gained back about 50% of its losses for the week. Steel, which had suffered heavy losses in the dip, sprang back at more bullish estimates of steel production in the weeks ahead. Better October earnings for railroads snapped back railroad stocks. Pennsylvania reported $4,026,319 in October earnings, highest for any month this year and more than twice last October's earnings; New York Central had its best month since December 1956, with earnings of $4,674,110. At week's end the market...

Author: /time Magazine | Title: WALL STREET: Tailspin & Recovery | 12/8/1958 | See Source »

...pass-happy Randy Duncan (91 completions in 151 tries); and Notre Dame Newcomer George Izo, who was promoted to the first string only at midseason, has since completed 47 out of 77 passes for seven touchdowns. But 1958 may be best remembered as the year that topflight halfbacks sprang up all over the U.S. On late-season form, some who have proved themselves among the best...

Author: /time Magazine | Title: Sport: Hail the Halfbacks | 11/24/1958 | See Source »

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