Word: underseas
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...bomb rested, half shrouded by its own grey parachute, on a steep 70° slope on the ocean floor. The danger was that it might slip farther down the incline into the craggy depths of a 3,000-ft. undersea valley in which the midget submarines could not maneuver. With that consideration in mind, Rear Admiral William S. Guest, 52, commander of the 15-vessel Task Force 65, put into action Plan Charlie to recover the unarmed 20-megaton weapon...
That closer inner space, the ocean, will be even more radically transformed. Rand experts visualize fish herded and raised in offshore pens as cattle are today. Huge fields of kelp and other kinds of seaweed will be tended by undersea "farmers"-frogmen who will live for months at a time in submerged bunkhouses. The protein-rich underseas crop will probably be ground up to produce a dull-tasting cereal that eventually, however, could be regenerated chemically to taste like anything from steak to bourbon. This will provide at least a partial answer to the doomsayers who worry about the prospect...
...government financing of vast new ventures will accelerate, the men of the house of Lehman contend that private banking faces more opportunities than problems. Power needs will triple in 25 years. Railroads and their terminals need reorganizing to handle both high- and low-speed trains. There will be satellites, undersea dwellings, passenger travel through space. All will require investment capital in the giant bundles that investment bankers collect. While nothing is so constant as change, the Lehmans feel certain of one thing: nobody is likely to devise a substitute for money...
...Flow tests of the natural-gas pocket discovered at the site showed a capacity of 10 million cu. ft. a day, enough to supply the fuel needs of a town of 300,000 people and to prompt Britain's Minister of Power, Frederick Lee, to recommend building an undersea pipeline (at some $250,000 per mile) to bring the gas to land by late 1967 or early...
Sealab II will enable the U.S. partly to catch up with, and in several respects to exceed, the undersea exploits of France's Jacques-Yves Cousteau (TIME cover, March 28, 1960). He has stationed teams of divers at 80 ft. for one week. This week, in his third major project, six French divers in a spherical capsule will live for 15 days at 330 ft. in the sea off the Riviera resort at Cap Ferrat...