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...Sputnik-dominated 1958, Majority Leader Lyndon Johnson made his own speech two days before the President's, at the Senate Democratic caucus. Like President Eisenhower, he spoke of fiscal responsibility-but unlike the President, he could afford the luxury of advocating economy in principle and spending in practice. "Fiscal solvency concerns us all," said Lyndon Johnson. "It is a first concern, for no course is honest without the courage of financial prudence. But we cannot afford to bankrupt the national conscience to serve the ends of political bookkeeping." He assured the U.S. that he and his party stood ready...

Author: /time Magazine | Title: THE NATION: President v. Congress | 1/19/1959 | See Source »

Just when U.S. space achievements were beginning to make up for Sputnik jolts to the U.S.'s pride and prestige, the Russians sent their Lunik soaring far beyond where any man-made object had ever penetrated before. Once again the world marveled at the U.S.S.R.'s technological prowess. Pressing and immediate question: Why is the U.S. still lagging in a race that may decide whether freedom has any future...

Author: /time Magazine | Title: SPACE: On Pain of Extinction | 1/19/1959 | See Source »

...Domains. Scurrying to make up for lost time after Sputnik I, the U.S. has put five satellites into orbit (Explorers I, III and IV, Vanguard, Atlas); fired two near-miss lunar probes (Pioneers I and III); started on an array of other satellite or space-probe projects; let development contracts with the Rocketdyne Division of North American Aviation Inc. for space-rocket engines with thrusts of 1,000,000 lbs. or more; pushed a man-in-space undertaking, Project Mercury, that is scheduled for announcement this month. But despite the flurry of projects, the U.S. has made disappointingly little progress...

Author: /time Magazine | Title: SPACE: On Pain of Extinction | 1/19/1959 | See Source »

...close is interplanetary voyaging? The great weight (2,925 lbs. of instrumented payload) of Sputnik III proved to the space-wise that the Russians had practically licked the initial problems of interplanetary flight. U.S. scientists reckon that the Soviets' Lunik, with only a little more speed, would have swooped past Mars and soared out toward the asteroids. George Paul Sutton, professor of aeronautical engineering at M.I.T., believes that present propulsion systems with a little refinement can send a space vehicle as far as Jupiter or even to Saturn, 750 million miles from the earth...

Author: /time Magazine | Title: Science: Push into Space | 1/19/1959 | See Source »

Ever since the Russians launched their Sputnik III on May 15, 1958, rocket experts have known that they had the potential ability to toss a good-sized bird out of the earth's gravitational field. To put a satellite on a nearby orbit around the earth takes only about 25% less speed than the escape velocity (25,000 m.p.h.) that will free it from the earth. All the Russians needed to do was to increase slightly the power of Sputnik Ill's launching rockets or to reduce its final weight. U.S. failure to reach the moon was mainly...

Author: /time Magazine | Title: Science: Lunik | 1/12/1959 | See Source »

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