Word: auto
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Dates: during 1950-1959
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...George W. Baer, 21, son of a Palo Alto auto dealer, was captain of Stanford's freshman water polo team, a key man in Stanford dramatic productions, a member of the Institute of International Relations. A history major, Baer spends his summers as a Palo Alto lifeguard, his winters making an almost straight A average...
...some of the huge installment debt that they ran up in 1955. Though total consumer credit rose some $3 billion to a new high of $41 billion, the increase was only half last year's $6 billion increase. And in October, for the first time in two years, auto repayments passed new auto loans. Said San Francisco Retailers Credit Association Manager Frank Caldwell: "The average consumer is a smart person; he is not obligating himself too heavily...
...argued that another reason for the slide was that the industry had failed to meet the increasing demand for better houses, that the day of the roof-at-any-price was gone, and that in the future the builder would have to entice buyers with better models just as auto and appliance makers...
Although about 1,200,000 members of the United Auto Workers are cushioned by a cost-of-living escalator in their contract that contributes substantially to the wage-price spiral, U.A.W. President Walter Reuther wrote President Eisenhower an indignant letter last month inveighing against inflation-which he blamed on "price gouging" and "unconscionable profiteering" by "guilty corporations." Last week, speaking to the U.A.W.'s Skilled Trades Conference in Chicago, Reuther vowed that in 1958 his U.A.W. would "win the highest economic wage concessions we have ever won . . . We cannot convince General Motors to part with its millions by pious...
Weight of Evidence. In London, after her auto turned turtle, outsized (217 Ib.) Housewife Pat Wilkins was fined $28 for reckless driving despite her explanation: "I'm really a very careful driver, but there was just so much weight on one side of the car that it overturned...