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Word: vessels (lookup in dictionary) (lookup stats)
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...vessel's golden cargo hit the dock, an act of giving and building unparalleled in history got underway. The Marshall Plan had become a reality...

Author: /time Magazine | Title: Foreign Aid: Twenty Years Later | 6/16/1967 | See Source »

Brass Spittoons. Born in the Wollochet Bay area of Puget Sound, Hunt traveled to school in Tacoma, Wash., on his father's 120-ft. steamboat Atalanta, earned pocket money steam-cleaning the vessel's brass spittoons. He quit high school after two years, blitzed through an accounting course and shipped out aboard a steamship plying trade with the Orient, eventually earning a master mariner's rating. After working on a pineapple plantation in Hawaii, Hunt returned home at 20 and set up a brief partnership in a Puget Sound ferry service. In 1927, he bluffed...

Author: /time Magazine | Title: U.S. Business: Paper Profits | 5/5/1967 | See Source »

What makes the case of the Torrey Canyon really complex is the threatened damage suits. Like most vessels afloat today, the tanker carried more than hull insurance; it also had P & I (for Protection and Indemnity), which is insurance against damage to persons, piers or other objects while the ship is in operation. The primary P & I insurer was the Marine Office of America in New York City, a consortium that carried $2,500,000 on the vessel. Union also had an undisclosed amount of P & I with other companies, enough presumably to match at least...

Author: /time Magazine | Title: Insurance: In the Wake of The Torrey Canyon | 4/14/1967 | See Source »

...1860s, when maritime raiders roamed the East Coast to lure sailing ships onto reefs and loot them, a mustached sea captain, Israel J. Merritt of New York, organized an honest salvage operation. Merritt's aim was to save a vessel from sinking if he could-or, if he could not, to salvage it and its cargo. He succeeded so well that his firm, joined by two others, grew into Merritt-Chapman & Scott, the nation's largest corporation involved in marine salvage, and later a construction giant as well. But eventually, Merritt-Chapman & Scott itself fell prey to raiders...

Author: /time Magazine | Title: Management: Hauling Down the Horse Flag? | 3/10/1967 | See Source »

...scale of magnitude, like bungalows in the architectural world." Then why bother? Miller supplies his own answer: The short story is a form in which a writer can be as concise as his subject requires him to be. For a playwright, he says, the short story offers "a vessel for those feelings which, unelaborated, are truer, and yet for one reason or another do not belong on a stage...

Author: /time Magazine | Title: Books: Playwrights in Print | 3/10/1967 | See Source »

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