Word: austin
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Dates: during 1940-1949
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...markets. As one energetic Briton said last week: "We must get out of our carpet slippers and don swashbucklers' boots." But the British were not doing much swashbuckling. As the sellers' market was fading, U.S. sales resistance mounted. British prices were too high for the U.S. market; Austin Motor bravely slashed the prices of its cars from $75 to $1,000, cutting its profits to ribbons. Other British automakers groaned: "We'd better get out of the American market." As their contracts with U.S. buyers broke down (2,561 cases since last July), browbeaten businessmen...
...shiny new Shamrock hotel was only one week old when Elson, Griffith and Johnson put up there for the night after lunching with Governor Beauford Jester in Austin. Owner McCarthy met them in the Shamrock's mirrored and muraled Cork Club the next day, where they talked while workmen wheeled slatted crates containing the unmounted heads of prize steers-McCarthy's latest trophies - through the upholstered premises. Ex-Wildcatter McCarthy, a lively man even by Texas standards seemed somewhat tired. He had been up most of the night fighting an oil well fire...
Last week Mayor Moore was on the warpath again. To protest making Electra a whistle stop for express trains, he had thousands of plastic whistles molded in the shape of locomotives. He made a trip to the state capital at Austin, passed them out to the governor, the legislature (legislators cheered him admiringly and blew their whistles in chorus) and everybody else he met. Then he demanded a special hearing by the Texas Railroad Commission...
...along the Merrimack River, the textile mills hummed and chattered. The cobbled main street was thronged with shopping housewives, suits moved briskly off the rack; at Nick Maloof's restaurant ("where the elite meet the dawn") business was fine. Said Austin O'Toole, owner of the town's biggest market: "These people aren't on pork & beans. You know the first thing we sold out today? Lobster...
...Agile Austin. On the Indianapolis Motor Speedway, an Austin convertible set a new U.S. speed record for open stock cars, a mark most auto makers are not interested in. Despite several stops for repairs (see cut), the Austin covered 11,850 miles in seven days, for an average speed of 70.54 m.p.h. (old record: 68.58 m.p.h.). A few days later, the Austin Motor Co., Ltd., did something U.S. automakers were interested in. It cut prices $1,000 on the record-setting model. The new price: $2,795 with a manually operated top, $180 more with a hydraulically operated...