Word: bahama
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...Monaco was a dice with disaster, the Bahamas 500 ocean powerboat race last week turned into what one contestant aptly termed "a demolition derby." The general idea of ocean powerboat racing is to take a boat out into the deep, open her up to 50-60 m.p.h., and pray. The Bahamas 500 was designed as the granddaddy of them all-a 512-mi. circle around the islands from Grand Bahama, and all for $50,000 in prize money. It should have been $1,000,000, considering the carnage...
Only 45 minutes out of Miami by jet, the Bahama Islands have long been one of the favorite playgrounds of Americans. Composed of 700 islands that are washed by the warm waters of the Gulf Stream, the Bahamas have a population of only 140,000 people, 85% of them Negro. Yet for many years the islands' fate has been held firmly in the hands of a tight little group of white businessmen known as the "Bay Street Boys," after the main street of the capital of Nassau. The group's two dozen members controlled both Bahamian commerce...
Change on Many Fronts. To keep the tourists coming, developers and investors are sinking millions of dollars into the islands. Former Wall Street Financier Wallace Groves acquired 150,000 acres of scrubland on Grand Bahama Island in the late 1950s, and through his Port Authority has turned it into a $400 million resort center called Freeport, with six hotels, two gambling casinos, and a commercial and industrial complex of 800 licensed businesses. Aluminum Executive J. Louis Reynolds is converting 13,000 acres on Andros Island into a housing, resort and commercial development that will include a U.S.-British navy undersea...
...last year's 2,225-mile Trans-Pacific from Los Angeles to Honolulu, Cal-40s breezed in first, second and sixth overall. Last March, a Cal-40 won overall honors in the month-long Southern Ocean Racing Conference series in Florida and Bahama waters. Last month IBM President T. Vincent Learson brought in his Cal-40 Thunderbird ahead of 166 other boats* overall in the storm-tossed Newport-to-Bermuda race-with five other...
...Ambassador Arthur Goldberg was summoned from a Bahama vacation and sent off to Rome. From there he flew to Paris to confer with De Gaulle, whom he told that Johnson had sent him to Europe to see just "two great men-yourself and the Pope." Next day, to his mild discomfiture, Goldberg found himself seeing British Prime Minister Harold Wilson on L.B.J.'s sudden order. (In fact, he had also paid his respects to Italian President Giuseppe Saragat.) Roving U.S. Ambassador Averell Harriman popped up in Poland so unexpectedly that he nearly caught U.S. Ambassador John A. Gronouski...