Word: use
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Dates: during 1950-1959
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General Electric's new $4 million, 30,000-kw. reactor is the latest step in U.S. industry's epic struggle to harness the atom for peacetime use. Already, the atom is a wonderful servant in many areas of U.S. life. Radioactive isotopes last year saved U.S. industry an estimated $500 million. More than 90% of all tire fabrics and 80% of all tin cans are tested with radioactive thickness gauges. Radioisotopes control quality in cigarettes, find leaks in pipelines, determine wear in metals. In more than 1,700 U.S. hospitals, radiation is used to diagnose disease, treat cancer...
...biggest stake in harnessing the atom for commercial use, simply because it is the biggest U.S. electrical firm and the world's biggest supplier of power equipment, concerned with power for everything from toasters to jet engines. Its stake has been defined in terms that every schoolboy can understand by G.E.'s chairman Ralph Jarron Cordiner, 58, a short (5 ft. 7½ in.), power-packed man with restless eyes that are always trained on the future, ever watchful for risk and opportunity. Says Cordiner: "The atom is the power of the future-and power is the business...
...Knolls Laboratories near Schenectady, N.Y., G.E. is designing a twin-reactor, pressurized-water system for the world's largest submarine, the U.S.S. Triton. It is building a reactor system for the Navy's first nuclear destroyer, studying a boiling-water reactor for use in a merchant ship...
Layers of Fat. Ralph Cordiner has always made good use of his time. He was born in 1900 on his father's 1,280-acre wheat farm near Walla Walla, Wash., just eight years after a genial Quaker named Charles A. Coffin merged two electrical firms to found General Electric. Cordiner went to small Whitman College, where he worked his way through school by doing odd jobs and selling wooden-paddle washing machines for the Pacific Power & Light Co. He went to work for Pacific Power after graduation, became such a star salesman that he was soon lured away...
Phillips Petroleum (1957 sales: $1,136,892,901) runs the national reactor testing station at Idaho Falls, Idaho, where extensive testing of reactor prototypes and components is carried out. It operates several reactors for its own use and that of the AEC, produces 1,725 tons of uranium concentrate daily at its mill at Grants...