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...Floating upward on a tide of red ink, the national debt reached a new alltime high of $280,851,429,657.13 in late October, the Treasury reported last week. Prospect: the debt will keep floating higher until heavy tax payments start rolling in next January...

Author: /time Magazine | Title: THE BUDGET: Less Red Ahead | 11/10/1958 | See Source »

...company, which had been in Springhill for a very long time as Canadian mines go, had at least some faith in Springhill's productive capacity and kept its mine going. Last week in No.2, about 167 men on the night shift felt the pit floor heave upward and they knew Springhill was in the publicity game once again...

Author: By Gavin Scott, | Title: They Can Take It | 10/28/1958 | See Source »

...controls that need no air. In the nose are four pairs of small jets pointing up, down, left and right (see diagram). When the pilot wants to depress the nose of his craft in near-airless space, he will shoot superheated steam (produced by catalyzed hydrogen peroxide) through the upward-pointing jets. The reaction will push the nose downward. Similar jets in the wingtips will keep the wings level or make the ship bank or roll...

Author: /time Magazine | Title: Science: Red-Hot X-15 | 10/27/1958 | See Source »

...into the atmosphere, the pilot must match his speed to the density of the air. As the air grows thicker at lower altitudes, he must slow down to keep the heat of friction from softening his wings. If he comes too close to the danger point, he will veer upward into thinner air to let his plane cool off. Slowed down and cooled off, the X-15 can then glide to the ground, landing on a pair of nosewheels and two skids near the tail...

Author: /time Magazine | Title: Science: Red-Hot X-15 | 10/27/1958 | See Source »

...musty, green-walled main gallery; the rest of the 1,400 ticket holders were sent to other rooms, where they could follow the bidding on closed-circuit TV screens. The sale took only 21 minutes. But from the first rap of the auctioneer's hammer, prices leaped upward at a $100,000-a-minute clip to shatter every known art auction record. Items...

Author: /time Magazine | Title: Art: Testing the Highs | 10/27/1958 | See Source »

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