Word: com
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Dates: during 1960-1960
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...Orbited Echo I, a thin-skinned, gas-filled balloon 100 ft. in diameter, pioneer of a future globe-girdling network of balloon satellites to be used to bounce com munications signals from one continent to another (see SCIENCE...
There are some who now argue that Charles Edward Ives is the finest com poser the U.S. has produced. But back in 1945, when Schoenberg singled him out, Ives was a name only to a handful of professionals, though he had anticipated Schoenberg's experiments in atonality by two decades. Not until two years later did really popular recognition begin to even the score. When Ives got the 1947 Pulitzer Prize (for a composition that lay unplayed in his West Redding, Conn, barn for more than 40 years), he was already 72. Last week, when the first American recording...
...Federal tax write-offs work this way: a com pany can charge development and modification costs, and losses in market value of its products, (e.g., airplanes) against current expenses. If the company ends up with a net operating loss, it can claim its loss of profits from the Government as a cash refund on its three previ ous years' back taxes. If this is not enough to cover its losses, it can offset future earnings for up to five years. These write-offs are sometimes the most valuable ingredient in money-losing companies up for sale...
...Mali Federation, he got promises of enough more troops to swell the U.N. force to 12,000 men by the end of the month. From Jerusalem, Hammarskjold dispatched lean-jawed Swedish Major General Carl Carlsson von Horn, 47, U.N. Truce Enforcement Chief along the Arab-Israeli borders, to take com mand in the Congo. To meet an impending public-health disaster created by the departure of all the Belgian doctors, Hammarskjold called on the World Health Organization and the International Red Cross to "stage a crash operation." From 10 capitals he got pledges of emergency food supplies, and from Washington...
GENERAL MOTORS' two other new com pacts, the Oldsmobile F85 and the Buick Special, will be scaled-down versions of their big-car brothers, but bigger and more powerful than the Corvair. Unlike the Corvair, their engines will be up front. For the two cars. G.M. has developed a new eight-cylinder. 145-h.p. water-cooled, part-aluminum engine...