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...bias, but his opinion is widely shared in financial circles. The oil shortage has made coal critically important as an alternative energy source, and most coal moves by rail. Shippers of other goods are beginning to realize that freight trains consume only about one-fourth as much energy per ton-mile as trucks do. And the Nixon Administration's newly proposed Transportation Improvement Act would protect railroads from discriminatory local taxation and make it easier for them to raise their rates-provisions that would dramatically improve the industry's profitability...

Author: /time Magazine | Title: RAILROADS: The Green Giant | 2/25/1974 | See Source »

...missile hurls out high-speed molten steel splinters. These, mixed with rock and dirt from the explosion, are blasted into the bodies of the victims, causing massive internal infections and injuries. Dangerous surgery is required to remove the shrapnel. In the December 4, 1972, issue of American Report, Dr. Ton That Tung, surgeon and Vietnamese member of the French Academy of Science, estimated that for any two people wounded in Rockeye attacks, one was killed...

Author: By Lee Penn, | Title: Honeywell: Bomb Recruitment | 2/22/1974 | See Source »

...from a used-car lot. First it lost vital shielding and an electricity-generating solar wing. Then its steering rockets per formed so badly that NASA thought of sending up rescuers to evacuate its three-man crew. Finally, two of its stabilizing gyros faltered, threatening to send the 100-ton space station yawing and pitching like an angry whale...

Author: /time Magazine | Title: AMERICAN NOTES: Taking It for Granted | 2/18/1974 | See Source »

...pulled out. The blue-helmeted U.N. force struck its olive-drab tent on the Cairo-Suez highway that had been the site for the first face-to-face meeting of Israeli and Egyptian officers in almost two decades. Finally, Egyptian troops reoccupied the road to Suez. TIME Correspondent Wil ton Wynn, who followed them, filed this report...

Author: /time Magazine | Title: The World: Return to Suez | 2/11/1974 | See Source »

Beyond restoring the canal to its pre-June 1967 condition, Egypt faces a billion-dollar decision: whether or not to widen and deepen the waterway to accommodate the new larger ships, including some supertankers. The canal now can handle ships with a maximum draft of 38 ft.-70,000-ton craft carrying full loads of cargo and 140,000-tonners riding empty. An enlarged canal could take fully loaded ships with a draft of 71 ft. and a weight of 260,000 tons, or any ship now afloat empty...

Author: /time Magazine | Title: EGYPT: The Canal Reborn | 2/4/1974 | See Source »

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