Word: 20s
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Dates: during 1950-1959
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Since the end of the war, when Cunningham and others founded the Sports Car Club of America, membership has doubled nearly every year, and 175 like-minded groups have sprung up across the country with members driving everything from British MGs ($2,250 and up) to Jaguar I 20s ($3,345 and up) to 4.5-liter Ferraris ($15,000 and up). Detroit is obviously perking up and taking notice. The Chevrolet Corvette and the Ford Thunderbird (TIME, Feb. 2, 1953), though probably not sporty enough for European purists, are efforts to meet 1) the conditions of the U.S. highway network...
This is in striking contrast to the pre-World War II R.O.T.C., which (as of 1939-40) had only 90,000 members. Although in the '20s and '30s it was a favorite target of left-wingers and pacifists, R.O.T.C. did turn out a lot of highly useful officers (when World War II broke out, the Army was able quickly to call 58,000 R.O.T.C. graduates from civilian life). Today's peacetime R.O.T.C. is bigger and better than ever, but it also faces some serious problems...
...spirit leaps from century to century and is contemporary in each. It is being designed by one of the brightest-burning lights of modern architecture-Hungarian-born Marcel Breuer, 51, who learned his disciplined economy of line and plane at Walter Gropius' famed Bauhaus in the '20s, and developed it into one of the most flexible and creative styles on U.S. drawing boards...
Died. William S. ("Pete") Newell, 75, shipbuilder and board chairman of the Bath (Me.) Iron Works Corp.; of a heart ailment; in Bath. During the shipbuilding slump of the '20s, Newell saved Bath's yards by rounding up fresh capital, later revolutionized the industry with the "sunken bathtub" method i.e., constructing ships in basins resembling drydocks from which they float out on completion...
...connections with his billion-dollar oil empire. A pharmacist by training, Sinclair was lured from his father's Independence, Kans. drugstore into wildcatting by the oil derricks outside town, and made his first $1,000,000 within eight years. During the Teapot Dome scandal of the '20s, Sinclair was acquitted of conspiring with Interior Secretary Albert Fall to defraud the Government, later served 6½ months in jail for hiring private detectives to shadow his jurors and for refusing to answer questions before a Senate committee. In his career, high-living Harry Sinclair was the first...