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Climbers have been scaling Mount McKinley ever since 1913, but North America's tallest peak is still one of the most forbidding mountains in the world. From the floor of the Susitna River valley, 1,500 ft. above sea level, the mountain sweeps to 20,320 ft. above central Alaska in a single cascade of rock and ice. In summer, McKinley is merely inhospitable; in winter, it is deadly. For one thing, it is among the coldest places on earth. Actual temperatures range to as low as-100°. Until Feb. 28, no one had climbed Mount McKinley...

Author: /time Magazine | Title: Mountain Climbing: The Challenge of Winter | 3/17/1967 | See Source »

...Federal Reserve's Open Market Committee last week, $1.3 billion in Government securities were bought up to free still more money for lending. At his press conference last week, Johnson proudly announced that interest rates"have come down as much as 1½% from their September peak." The President was being rather selective: Treasury-bill rates have dropped that much, but interest on business loans is down not much more than...

Author: /time Magazine | Title: The Economy: Losing His Cool | 3/17/1967 | See Source »

...reluctance to end loophole-loaded controls on wages and prices. Unemployment reached 602,844 last month, leaving 2.6% of the labor force jobless against a 2% level that Prime Minister Harold Wilson once called "acceptable." Rising food prices have helped pull the cost of living to a new peak. Worst, industrial productivity has failed to improve, and though help might have come from private investment, instead such investments have slumped. Soaring government spending for defense, welfare, roads, schools, housing and nationalized industries has raised the specter of higher taxes next month, a move that some economists fear would only deepen...

Author: /time Magazine | Title: World Business: From Crisis to Convalescence | 3/17/1967 | See Source »

...Regimen affair: "That hurt us. We lost accounts totaling $2,500,000 as a result of the conviction, and we found it a handicap both in attracting business and people." Today Emerson Foote, Inc.'s billings are $9,100,000 v. $14 million at Kastor Hilton's peak...

Author: /time Magazine | Title: Advertising: Reincarnation | 3/10/1967 | See Source »

...varsity, now practicing for the Eastern intercollegiate, should be in peak condition...

Author: By George M. Flesh, | Title: Alumni Fencing Team to Confront Varsity With 8 Former Captains | 3/10/1967 | See Source »

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