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After the disaster, the victims' bodies were put in rubber bags, removed from the crash site aboard a railroad boxcar and brought back to Evansville. Next morning some 1,500 students crammed into the university chapel for eulogies and prayers. On Sunday fans paid their last respects to the team at a memorial service in Roberts Stadium. The rest of the basketball season has been canceled. Said Junior Rory Hennings, 20, a close friend of four players who died: "I hadn't gotten to see them play this year because I was working the night of the only...

Author: /time Magazine | Title: Nation: Holiday Eve Disasters | 12/26/1977 | See Source »

Another prime mover is Taul Watanabe, 57, who was briefly interned during World War II because of his Japanese ancestry but won his release, after petitioning President Roosevelt, to accept a law-school scholarship. Now a vice president of the Burlington Northern Railroad, he persuaded the presidents of six Japanese shipping companies - all of whom he knows - to use Seattle as their U.S. port. That move created 3,100 jobs, $50 million in annual direct benefits for the region and helped make Seattle one of the nation's leading containership ports. Watanabe was among the first to urge Dixy...

Author: /time Magazine | Title: The Nation: Those Movers Who Shake Seattle | 12/12/1977 | See Source »

Last year, coal stored in railroad cars and silos froze into lumps that were too big to use. Never again, vow the people at Chessie System, the nation's largest coal hauler. Chessie has built three "galloping Gerties": huge steel vibrating fingers that loosen coal in one car every three minutes. Other railroads now have similar contraptions. To reduce the possible impact of a threatened United Mine Workers strike, industries and utilities increased their coal inventories during the autumn months...

Author: /time Magazine | Title: The Nation: Fueling Up For Winter | 12/5/1977 | See Source »

...rejiggering of freight rates by the Interstate Commerce Commission to lower the cost of shipping steel by railroad. The aim is to enable steel produced in the Midwest to compete more efficiently with foreign steel, much of which is sold in coastal areas close to ports of entry...

Author: /time Magazine | Title: Business: How to Help Slumping Steel | 12/5/1977 | See Source »

...almost all by governments or organizations whose credit is government-guaranteed. Borrowers include the national governments of Australia, Finland and Norway; the city governments of Oslo and Stockholm; the European Coal and Steel Community and the European Investment Bank; the Japan Development Bank; the state-owned French railroad, telecommunications and electricity networks. Privately owned foreign companies still sell few bonds in the U.S.; they prefer to raise their money in Europe where, for all the disadvantages, there are no tough rules ordering disclosure of secret corporate information to lenders...

Author: /time Magazine | Title: Business: The World Comes to Wall Street | 12/5/1977 | See Source »

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