Word: streamingly
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MAGNETOHYDRODYNAMICS. Even the best fossil-fuel plants operate at about 40% efficiency. Only that portion of the fuel's energy is converted into electricity; the rest is simply turned into waste heat. A more efficient power-generation scheme, magnetohydrodynamics, creates an electric current by passing a stream of hot, ionized gas at high speed through a powerful magnetic field. MHD plants should be able to operate at nearly 50% efficiency. Unfortunately, the U.S. is leaving almost all research and development in MHD to the Russians, who figure that it will eventually fill 10% of their electrical needs...
...trading houses also provide their clients with a wide range of services, including storing, transporting and insuring goods. They hunt up bank loans when needed. A small army of trading-house representatives roams the world sending back a steady stream of information on foreign politics, weather, and anything else that might affect an export decision. The trading houses also organize huge consortiums to tap natural resources anywhere. Mitsui, for instance, is a major partner in a group that is developing copper deposits in the African nation of Zaire...
...kind of hard to change offense in mid-stream. But it looks much better than what we've been doing, and we're working it a lot better," Munro added...
...Chances that the present spending orgy will falter soon are remote. Employment, wages and dividends are up, and personal income is expected to swell to $1 trillion in 1973. Increased Social Security benefits will pour an extra $32 billion into the spending stream this year. The Internal Revenue Service is in the midst of refunding an estimated $22 billion to taxpayers. This is an increase of between $5 billion and $8 billion over a "normal" year because the Government withheld too much from paychecks last year...
Reflecting the turbulence, the paper has had four managing editors in less than three years. The current M.E. is Robert Burdock, 45. His predecessor, Wilson Hirschfeld, was fired after a stream of complaints from reporters that he was killing or slanting stories to protect friends in the city administration. Hirschfeld, a Christian Scientist, also tried to reduce the paper's medical coverage. Fraser Kent, a respected medical reporter, quit in disgust, for this and other reasons. There was also bitterness over management's appeal for police assistance when Newspaper Guild members picketed the paper during a strike last...