Word: mi.
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...began with the biggest real-estate deal in history. On April 30, 1803, Napoleon Bonaparte sold Thomas Jefferson a parcel of land called Louisiana. It ran from the Mississippi to the Rockies, from Canada to the Gulf of Mexico, and it was quite a bargain: 827,987 sq. mi. for $15 million. But what the U.S. owned it did not occupy. Already British traders were pressing south from Canada and Spanish raiders were roaming north from Mexico. Jefferson realized that he would have to move fast if America was to retain its new territory. He moved fast...
...Manhattan: buy land in the path of population expansion and profit from its development or sale at soaring prices. Accordingly, most of today's corporate involvement lies in the West or South west. In Southern California, nine industrial companies are building or planning projects embracing 319 sq. mi. Since land is the world's only major commodity in fixed supply, while population constantly rises, investment in land is, in the long run, the nearest to a sure thing. Owners also benefit from low assessments and taxes on raw land, which make it cheap to hold off the market...
...million in ten projects in six cities, Aluminum Co. of America is not only landlord to 9,000 Manhattan families, but also owns additional housing in Philadelphia, Pittsburgh, Indianapolis, Los Angeles and San Francisco. Kaiser Industries and Kai ser Aluminum are part owners of a $20 million, 135-sq.-mi. site for a new city near San Diego. Reynolds Metals has completed 1,588 units of renewal housing in Cincinnati, Philadelphia, Kansas City, Richmond and Washington, D.C., has $397 million worth under way or planned in six cities, including an apartment-motel-office complex with General Electric in Louisville...
...Polaris B-3, which will be more accurate than the present Polaris and will double its firepower to about two megatons; 2) an air-launched short-range attack missile (SRAM) with a 150-mile capability, which plugs the gap between the ten-mile Bull-Pup and the 600-mi'e Hound Dog, and will increase the effectiveness of present bombers: 3) the huge C-5A cargo aircraft capable of carrying 750 soldiers and large, fast cargo ships propelled by gas turbine engines for quicker deployment of heavy military equipment; 4) large-sca'e procurement of the controversial swept...
Next big jump in exploration will come off the British coast. In the past seven months, Britain has not only claimed mineral rights beneath half the North Sea under a 1958 convention unratified by Holland or Germany, but has also swiftly licensed 22 consortiums to explore 34,000 sq. mi. of that domain. Oilmen plan to spend some $225 million on the exploration over the next six years...