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Loser was the Westcoast Transmission Co., Ltd., of Calgary, Ont., headed by Canadian Oilman Frank McMahon. He wanted to bring gas to the Northwest through a 930-mile pipeline from Canada's Peace River section in northern Alberta and British Columbia, where his Pacific Petroleums has sunk millions into a huge, new gas field. Losers also were the Canadian provinces of Alberta and British Colum bia, which had hoped for big, new indus trial developments along the gas line. Cried one provincial cabinet minister: "This is disastrous...

Author: /time Magazine | Title: OIL & GAS: Decision for the Northwest | 6/28/1954 | See Source »

...criticized the flexible support plan on the grounds that "no one has yet proved that farmers will make the economic response to price flexing... There is good evidence that most farmers will not. Much of a farmer's coats is fixed and much of his properly is in sunk investments, in specialized equipment and skills, which force him to keep right on producing even though the price is falling...

Author: NO WRITER ATTRIBUTED | Title: Professors Vindicated at Nevada and Nebraska | 6/17/1954 | See Source »

Producer-Director Lerner has 39 half-hour films to go and fears that his voice may not make the course. It has sunk to a whisper in his effort to crash the language barrier; Lerner can no longer operate on the theory that the way to make foreigners understand English is to shout it. He complains: "The trouble with these people is that you can't talk to them. You use a simple word like 'dolly' or 'Mole-Richardson boom,' and the interpreter takes five minutes telling 'em what you said." He also finds...

Author: /time Magazine | Title: Radio: The Slanted Fact | 6/14/1954 | See Source »

...engineering that works in reverse. If the Red Sea, for instance, were dammed at the Strait of Bab El Mandeb (its southern extremity) and the Suez Canal were closed, its level would fall through evaporation at a rate of more than 12 ft. a year. After the sea had sunk 50 ft., the water of the Indian Ocean, flowing into it through turbines, would generate as much electricity per day as 200,000 tons of coal. The biggest such project is damming the Mediterranean at the Strait of Gibraltar. In a century its level would fall 330 ft., exposing...

Author: /time Magazine | Title: Science: Slide-Rule Dreams | 5/3/1954 | See Source »

...wonder is that, with so much to dislike. Dodgson had any room left for pleasure. Yet his Diaries, now published for the first time, show that when Dodgson was not sunk deep in indignation, he was full of buoyant zest. If his Diaries make dull reading, it is partly because the author of the Diaries is not "Lewis Carroll" or even "dynamite." He is a shy professor who talked with a stammer and had an honest heart and a love of anonymity. About this man the Diaries are a mine of information...

Author: /time Magazine | Title: Books: White-Stone Days | 3/29/1954 | See Source »

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