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NDAC foundered in a wave of its own contradictory press releases. Despite the Commission, the program had gone astoundingly well. But the NDAC sank in a maelstrom of confusion, with enough flotsam left floating to remind Washington oldsters of the wreck...

Author: /time Magazine | Title: Tooling Up | 2/24/1941 | See Source »

Beside the Battle of 1941, the 16th-century Battle of Lepanto, which finally reasserted the dominance of Christendom over the infidel Turk, seems an uncomplicated affair. In it 208 low Christian galleys and six monstrous galleasses submitted 250 Turkish galleys to a parade of broadsides, sank 80 and captured 130. During the action Cervantes (Don Quixote) received three gunshot wounds, one of which maimed his left hand-"for the greater glory of the right," he said...

Author: /time Magazine | Title: World War: AT SEA: Battle of the Mediterranean | 2/17/1941 | See Source »

...shattered fo'c'sle. men scrambled up on deck. Some, trapped below, drowned amid frozen fish, cluttered gear, shattered planking. After the crash, the schooner sheered off; the barge was swallowed up in the darkness. With the desperate hope of beaching his ship before she sank, Captain Fred Wilson swung her inshore. But the schooner was settling rapidly, nose down; the water was knee deep on the deck. The nested dories, welded together by ice, were useless. As their ship sank under them, Captain Wilson and the survivors swarmed up the icy rigging...

Author: /time Magazine | Title: National Affairs: Last Voyage | 2/3/1941 | See Source »

...Italians found her. For two hours she held her S O S, so that the main force could finish its job of shelling Italian batteries on the Albanian coast. Then she called for help. Three British destroyers closed in, got Hyperion's men off, shelled her till she sank...

Author: /time Magazine | Title: World War, World War: Hyperion: The 35th | 2/3/1941 | See Source »

...struck it rich in his early 205, built a sowell oil business and a drillers' equipment company in Dallas. In 1929, a bright young Austrian named F. A. Thaheld (now Guiberson's chief design engineer) presented him with a new design for a Diesel airplane engine. Guiberson sank $1,500,000 in it, has been trying to sell it for airplane use ever since. To his bankers, willing to back him in oil, lis engine was just a crackpot scheme.' Once, when he borrowed $2,500,000 for his oil business, they made him promise...

Author: /time Magazine | Title: MANUFACTURING: Diesel Gambler | 2/3/1941 | See Source »

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