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...engines are the world's most powerful (in military trim, each develops 20,000 Ibs. of thrust, 25% greater than any U.S. or British engine in production), but are so fuel thirsty that no nonsubsidized airline could operate the planes at a profit. Some of the radio equipment, including an obsolete, ice-catching clothesline antenna, is far below U.S. standards. Outside, riveting on the plane's skin was inferior. The galley had ornate wood paneling, but no refrigeration...

Author: /time Magazine | Title: National Affairs: Ploy in the Sky | 9/16/1957 | See Source »

...deteriorates, he wants to be in Washington or close by. At week's end, just in time for vacation, Ike went to Walter Reed Hospital to bring home Mamie, now convalescent after her hysterectomy three weeks ago (TIME, Aug. 19). In a navy blue dress with white trim and a white hat, Mrs. Eisenhower, still somewhat shaky on her feet, walked arm-in-arm with Ike to the waiting White House limousine. "I feel pretty good," she told reporters. "How about a big grin?" shouted a photographer. "I still have that," said Mamie Eisenhower, smiling and then winking...

Author: /time Magazine | Title: THE PRESIDENCY: Vacation Time | 9/9/1957 | See Source »

...fear of driving shippers to other carriers. Instead, they are betting on a reversal of the year's first-half trend in the fall, when the economy traditionally enjoys an upturn after the summer slump. And they are going ahead full power with modernization programs designed to trim operating costs still further, will invest an estimated $273 million in the third quarter v. $222 million for the same period last year. Says Chicago & Northwestern's Vice President Larry Provo: "The general situation in rail earnings will improve by the end of the year. Everybody thinks so. But then...

Author: /time Magazine | Title: Business: Railroads: Danger Ahead | 9/9/1957 | See Source »

Bernice Cozzens is a slight, trim woman with azure blue eyes, brown hair drawn taut in a bun, and a little-girl air of gravity. A passionately liberal Democrat, she is known as one of the shrewdest, scrappiest literary agents (annual income: about $30,000) in Manhattan, handling a stable of topflight authors, including rock-solid Republican James Gould Cozzens. Their childless marriage has been a remarkable success. While he stuck to his writing and made little money from it, she was the real breadwinner. Says Cozzens: "It could have been a humiliating situation, but I guess...

Author: /time Magazine | Title: Books: The Hermit of Lambertville | 9/2/1957 | See Source »

...will only keep it from climbing to the new peak that had been expected. The stretch-outs, in total, will cause far fewer layoffs than earlier anticipated. Last week the Pentagon estimated that this year's $1 billion to $1.5 billion slash in aircraft orders will trim the industry's payroll by 5%-a drop of 40,000 workers from the total 800,000. Since the industry has a high labor turnover, much of this cut will be accomplished simply by not replacing workers who quit. By year's end Douglas will reduce...

Author: /time Magazine | Title: AVIATION: Austerity, but No Alarm | 8/26/1957 | See Source »

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