Time Clock, Mar. 7, 1955

RADAR FENCE across far northern Canada will be built by Western Electric Co. for an estimated $250 million. Though costs will be borne jointly by the U.S. and Canada, Western Electric will act as prime contractor for the entire project, has allocated actual construction subcontracts to three groups of firms, two from Canada to build the eastern and central sections of the fence, and one from the U.S.

FARM MORTGAGES have soared to the highest point since 1933, with debts of $8 billion, a $500 million increase over a year ago. But property values...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!