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...rely on bombers-the faster and higher-flying the better-controlled by alert crews whose accuracy and judgment are as yet superior to those of unmanned vehicles. Last week the Air Force announced that it would contract with Los Angeles' North American Aviation, Inc. for development of the WS (for weapon system) -110A, an intercontinental bomber hopefully designed to fly at Mach 3 (three times the speed of sound) at altitudes ranging to 125,000 ft. The so-called "chemical bomber" will use not the ordinary fuels such as kerosene and gasoline but materials probably composed, in part...

Author: /time Magazine | Title: ARMED FORCES: Chemical Bomber | 1/6/1958 | See Source »

...fill the gap left by the Navaho, North American pins its hopes on a trio of new planes on the drawing boards. In competition with Boeing, North American designers are at work on the WS-110 chemical-fuel bomber planned as a supersonic successor to the B-52 heavy bomber. It has also won the design competition for a new long-range interceptor and is working on a jet utility trainer that may also find a civilian market as a high-speed executive transport. Said a top North American executive: "We were disappointed, naturally, but we don't have...

Author: /time Magazine | Title: AVIATION: Last of the Navahos | 7/22/1957 | See Source »

Last week Tom Robinson gave his answer. He borrowed $1,000,000 and brought out all of his stockholders. For them it ws a good deal: they got back more than double (before taxes) what they had invested. With complete ownership of the paper, Robinson squared off to do battle with the Knight chain. Tom Robinson professes to be unworried. Says he: "It's very healthy for any city to have strongly competitive papers. The Knights just make my days longer...

Author: /time Magazine | Title: The Press: Yankee in Dixie | 9/19/1955 | See Source »

Immediately after the testimony of John K. Galbraith, professor of Economics, to the Senate Finance and banking Committee yesterday the stock marker broke sharply and almost three billion dollars Ws lost on the market value of the stocks listed on the New York Exchange...

Author: By Christopher Jencks, | Title: Market Declines After Galbraith's Testimony | 3/9/1955 | See Source »

Good as it was, the ne,ws was nonetheless taken with some reservations about its. chances for real success. Premier Scelba's crackdown on the canny and deeply entrenched Italian Communists showed in itself a determination to meet, an issue which Italy's previous postwar Christian Democratic governments had notably avoided-with near-disastrous results. But to make the crackdown succeed, Scelba was going to need close support from his hairline majority. The question was: How determinedly will his coalition back...

Author: /time Magazine | Title: ITALY: Assault on Communism | 3/29/1954 | See Source »

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