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...Citizens' Committee to Curb Inflation, born in Mexico, Mo. (pop. 13,500) three months ago, marched into Washington for a rally last week, and it could hardly have picked a fitter time. Reason: last week the Bureau of Labor Statistics announced that its retail price index had crept upward for the ninth month in a row, hitting a record peak of 119.6 (the 1947-49 average = 100) as compared with 115.4 a Year...

Author: /time Magazine | Title: THE NATION: The Voice of Mexico (Mo.) | 7/8/1957 | See Source »

While Kittinger was being denitrogenized, the balloon was lying flat and limp on South St. Paul's Fleming Field. An Air Force crew turned helium into it, and bit by bit a bubble of plastic reared upward. At last the balloon, as tall as a 25-story building, was standing upright in the still early-morning air. At 6:27 a.m., it took off. Kittinger, his heartbeat still steady, radioed "Goodbye, cruel world...

Author: /time Magazine | Title: Science: Prelude to Space | 6/17/1957 | See Source »

Down with Pessimism. With the interest rate on new bond issues skittering upward, the market for old bonds with a lower coupon rate inevitably sagged to new lows. The Dow-Jones bond average of 40 representative rails, utilities and industrials dropped to 88.14% of face value, the lowest since 1942. The drop wiped out the gains since last winter, when for a short time bond prices seemed to have reached the bottom and started upward (TIME...

Author: /time Magazine | Title: STATE OF BUSINESS: Tighter Money | 6/17/1957 | See Source »

...first open in the spring of 1955, when ten students used it to eliminate one half course in favor of independent study. In succeeding terms the plan was used by 19, 17, and 9 students, while 20 used it this spring. No signs appear of any consistent upward trend, nor of any especially meaningful number using the program...

Author: By Adam Clymer, | Title: The Grading System: Its Defects Are Many | 6/13/1957 | See Source »

Guided by Colonel John P. Stapp (TIME, Sept. 12, 1955), boss of the Air Force's Aero Medical Laboratories, eager Jet Pilot Kittinger, 28, climbed into an instrument-cramped, air-conditioned gondola, was borne upward by a huge helium-filled plastic balloon as ground crews tracked his progress. Kittinger took only 80 minutes to reach the 18-mile mark, spent two hours at peak height before failure of his voice transmitter promoted safety-conscious Supervisor Stapp to order him to earth...

Author: /time Magazine | Title: ARMED FORCES: 18 Miles Up | 6/10/1957 | See Source »

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