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...moves faster than 250 m.p.h. To Pan Am, it looked like a pot of gold. Pan Am's regular route from Tokyo to Honolulu required a fuel stop at Wake Island. The dog-legged course was 4,320 miles long and took more than 17 hours. With a boost from the jet stream, Pan Am reasoned, the hop might be made nonstop, saving 450 miles and covering part of the distance free on the river of wind...

Author: /time Magazine | Title: Science: Jet Assist | 2/22/1954 | See Source »

...when "economic royalists" and "privileged princes" were blamed by F.D.R. for the Depression, the basic New Deal tax policy was to boost taxes in the upper brackets, keep them light on the "little man," and thus try to spur consumer spending and get the wheels of industry turning again. The Republicans think there is a better way to keep the economy healthy. Their method, said Dwight Eisenhower, is "to create an environment in which men are eager to make new jobs, to acquire new tools of production, to ... design new products and develop new markets." The tax program that...

Author: /time Magazine | Title: Business: Helping the Goose Lay Golden Eggs | 2/22/1954 | See Source »

Though four varsity grapplers have minor injuries, the squad will be in top form against the medium-rare Quakers who ought to be a preliminary warm-up for Princeton. A win over Pennsylvania would boost the Crimson's chances against Princeton, since the Quakers and Tigers fought to a tie earlier in the season...

Author: NO WRITER ATTRIBUTED | Title: Varsity Will Wrestle Penn This Afternoon, Princeton on Monday | 2/20/1954 | See Source »

...blended price plan, which has ranked high at the Agriculture Department for several weeks, got a new boost last week when representatives of the National Milk Producers Federation called on President Eisenhower to adopt it. The milkmen were escorted by none other than Vermont's Senator George Aiken, chairman of the Senate Agriculture Committee. The blend plan, like each of the others, has its opponents. Among them: some big buttermen, who think that it might permanently undermine the butter price structure...

Author: /time Magazine | Title: FOOD: Hot Buttered Trouble | 2/15/1954 | See Source »

...satisfied. Last week, just before taking off on a trip to the Far East to check on car sales in India, Indonesia, Siam and Ceylon, Nordhoff made a last-minute inspection of Volkswagen's third production line at Wolfsburg, now coming into production. It will boost output from 750 to 1,000 cars a day. On top of that, a new distributor-owned assembly plant in Belgium (needed because of import restrictions) this week started up. And Australia, which last week got its first Volkswagen-the 200,000th exported since 1947-will soon have an assembly plant...

Author: /time Magazine | Title: BUSINESS ABROAD: Comeback in the West | 2/15/1954 | See Source »

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