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Every U.S. traveler to Canada nowadays is soon made aware of one painful fact: to Canadians a U.S. dollar is no longer worth 100 cents. This week the exchange rate climbed a notch higher. Canada's dollar edged upward a fraction each day until it was selling in Wall Street for 103.4 U.S. cents, the highest price in more than a year...

Author: /time Magazine | Title: CANADA: Rising Dollar | 2/15/1954 | See Source »

...which would be a help in moving from place to place, but the lack of atmosphere presents a problem to both architect and builder. Sowerby does not favor the large pressurized domes above the surface that are so popular with space illustrators. In the vacuum on the moon, the upward pressure of their interior atmospheres would be enormous. A domed "tent" only 10 ft. in diameter would pull against its moorings with a force of 50 tons. If big enough (100 ft. across) to hold a fair-sized habitation, its upward pull would be 5,000 tons, and its structure...

Author: /time Magazine | Title: Science: At Home on the Moon | 2/15/1954 | See Source »

...Wall," a vertical cliff 500 ft. high to the lunar north of Tycho crater. Tunnels could be cut into its face more easily than they could be sunk from the surface. They should run about 50 or 60 ft. below the ground. At this depth their atmosphere, exerting an upward pressure of 1,440 Ibs. per sq. ft., would balance the weight of the rock overhead. Props would not be necessary...

Author: /time Magazine | Title: Science: At Home on the Moon | 2/15/1954 | See Source »

...unmixed descent, particularly many born since the great flood of immigration during the latter iSoos. But the product of such dilutions of the earlier bloodstreams of Northern Europe surely cannot all have concentrated above the Mason-Dixon Line, and must have gravitated down as well as out and upward. On the other hand, miscegenation in the South was no mere rumor. The masters of the great plantations and farms, and their menfolk generally were not insusceptible to the charms of the better-favored females in the slave quarters. Were these by-blows all shipped to the North...

Author: /time Magazine | Title: Letters, Feb. 1, 1954 | 2/1/1954 | See Source »

...priority on sound money. Treasury Secretary Humphrey, who left the chairmanship of Cleveland's M. A. Hanna Co. to take command in that sector, figured that the best way to protect the dollar was to snuff out the last traces of inflation. His methods: 1) pushing interest rates upward, and 2) spreading the $270 billion national debt, concentrated 75% in securities coming due within five years, into longer-term maturities in order to take money out of circulation...

Author: /time Magazine | Title: Business: A Keystone of the Free World | 1/4/1954 | See Source »

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