Word: auto
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Dates: during 1950-1959
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...Fascinated." South Dakota was almost the last lap in the marathon Robert Alphonso Taft has been doggedly running for at least 14 and possibly for 43 years. In 1909, when President William Howard Taft was inaugurated, his eldest son Bob, then 19, rode down Pennsylvania Avenue in a chugging auto with his sister Helen and his little brother Charles, 11. Charles (now the Republican candidate for governor of Ohio) had brought along a copy of Treasure Island to read, because he suspected that the ceremony would be "pretty dry." But Helen (now Mrs. Helen Taft Manning, a professor of history...
...Taft went to work in earnest himself. He traveled 46,000 miles by plane, bus, train and auto, made 524 speeches, campaigned in 41 of the 48 states,* crossed the country three times. Compared to his present team, 1940's was "amateur," says Taft. The chain of command runs down through a top staff to Republican national committeemen, state chairmen, county chairmen, precinct workers. There is a Taft organization in every state, a Taft man on the job in almost every county...
...Harrison plays a young ne'r-do-well of the 30's who is "sent down" from Oxford, fired from a few jobs, and fined in court for a trivial offense. Not satisfied with all this, Harrison drives through at least four women, a small fortune, and some international auto races, finally ending up as a war casualty. The plot is simple, little more than the above, and enjoyable...
Free & easy credit got quick results on lagging auto sales: one big Chrysler-Plymouth dealer in San Francisco took orders for 45 new and used cars in a single day, his best in five years. But no big crowds turned up for furniture or household appliances. One reason: the banks, which ultimately set the credit terms offered by retailers, were proceeding with caution. The American Bankers Association asked member banks to go slow on "easy credit" terms. Warned A.B.A.: the terms should at least be strict enough to force the purchaser to pay for his item before it wears...
...insured automobile owners in the U.S. have been well braced for another steep rise in liability-insurance rates. Costs of auto repairs have shot up, insurance adjusters' salaries have risen with the cost of living, and court and jury awards for damages have been steeper and steeper (TIME, Aug. 27). Last week auto owners learned how steep the rise might be. Insurance companies are drawing up new rates, effective starting next month, which will be about 20% higher for the whole U.S. On accident-ridden Manhattan Island, where minimum coverage already costs $115 a year, the increase will...