Time Clock, may 16, 1955

ATOMIC FREIGHTER, proposed by President Eisenhower to illustrate the benefits of peacetime atomic energy, will be sailing the high seas by 1957 if Congress approves the necessary funds. According to AEC and the Maritime Administration, the nuclear-powered freighter will cost some $30 million, be in the 10,000 to 15,000 gross-ton class and about 500 ft. long. It will be fitted out as a floating exhibition hall, with a theater seating 1,000, exhibition spaces, a dispensary and accommodations for 75 crewmen and passengers. Annual operating cost: about $500,000.

NATURAL-GAS MEN are squabbling among themselves over federal price controls at the wellhead, thus blocking...

Want the full story?

Subscribe Now


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!