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...fish and boat near the island on occasional weekends and once allowed a small group ashore for a religious service. But the Navy maintains that Kahoolawe is the only suitable target range within easy reach of its Hawaiian bases. Vice Admiral Samuel Gravely Jr., commander of the Third Pacific Fleet, pointedly notes: "The military in Hawaii is a billion-dollar-a-year business. A significant part of that business is generated because Navy and Marine forces are here to train, and Kahoolawe is a prime training site...

Author: /time Magazine | Title: AMERICAN SCENE: Return of the Natives to Kahoolawe | 8/8/1977 | See Source »

Carew is a fleet runner who legs out a good percentage of his hits each year. His speed provides a sure-fire method of breaking a slump: bunting. In fact, he lays down bunts better than anyone since Phil Rizzuto. Once in spring training he challenged a teammate to toss a sweater onto the infield, then rolled a bunt into its enveloping folds. The sweater was moved; he bunted dead center again. More than a dozen times, first on the third-base line, then the first-base side, he put the ball on target...

Author: /time Magazine | Title: Baseball's Best Hitter Tries for Glory | 7/18/1977 | See Source »

Such was the military-industrial reaction last week to Jimmy Carter's stunning and almost wholly unexpected decision to kill the Air Force's request for 244 swing-wing B-1 bombers. The B-1s were to have replaced the aging U.S. fleet of 330 B-52s-a few of which are older than some of the men who fly aboard them. In contrast, there was jubilation among liberals like New York Representative Jonathan Bingham and Wisconsin Senator William Proxmire. who have long argued that the B-1 is an outlandishly expensive dinosaur. Iowa Democrat John Culver...

Author: /time Magazine | Title: DEFENSE: Carter's Big Decision: Down Goes the B-1, Here Comes the Cruise | 7/11/1977 | See Source »

...personal fortune increased meteorically. In 1969, he was so broke that he hocked his mother's jade hairpins to help pay off debts amounting to more than $1 million. By 1975, however, his assets in Washington included a $750,000 office building, two houses worth $1.2 million, a fleet of at least two limousines and sports cars, an expensively stocked wine cellar and about 300 well-tailored suits. He had also squirreled away an undetermined amount of money in numbered accounts at several foreign banks...

Author: /time Magazine | Title: INVESTIGATIONS: The Swindler From Seoul | 7/4/1977 | See Source »

Lummis was especially fearful that Summa could not meet the first installment-an estimated $28 million-on Hughes' estate tax, which falls due next January. He suggested a number of possible economies (like disposing of Hughes' 13-plane fleet of unused executive jets) and the sell-off of several divisions (prime candidate: a helicopter company). Lummis also hired Merrill Lynch to evaluate the market worth of the company; it came up with the shockingly low figure of $168 million. Critics charge that some assets were understated. Hughes' Silver Slipper casino, for which he paid $4.5 million...

Author: /time Magazine | Title: ESTATES: Battle for the Shrinking Millions | 7/4/1977 | See Source »

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