Word: boatful
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Dates: during 1950-1959
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...sometimes attracts a rescuing fisherman, whose extended arms are nipped off by the waiting shark. When the fisherman pitches into the water, Manidou gets the rest of him. Guinéo, who hates to study, gets rid of his tutor by taking him out for a row, pulling the boat's plug and letting Manidou handle the rest. Only Mama is really shocked by her son's tricks; daddy and grandparents can hardly conceal their admiration for the little fellow...
Five years later, Boeing's team of Egtvedt, Beall and Wells flew its famed 74-passenger 314 flying boat (the "Clipper"), designed for the first regular transatlantic runs. Then they built another four-engined airliner, the "Stratoliner," the first transport with a pressurized cabin for high-altitude travel. Boeing built 22 Stratoliners and 314s. But the planes, expensive to operate, and complicated challenges to airline maintenance crews, did not sell in quantity. Boeing lost a total of $4,500,000 on its twin giants and found itself in financial trouble...
Cups & Minesweepers. Under Nevins' skilled hand, his yard turned out such ships (designed chiefly by Sparkman & Stephens) as John Nicholas Brown's Bolero, which has twice been first-boat-in in the Bermuda race; R.J. Schaefer's Edlu I, winner of the 1934 Bermuda; Henry Morgan's Djinn, winner of the Seawanhaka Cup in 1947; Stormy Weather, winner of the ocean race to Norway and the Florida Trophy; R. J. Reynolds' Blitzen, winner of the Miami-Nassau...
...boat won.) Few owners ever asked Nevins for a price before signing the contract, even though it might be upwards of $75,000; instead, they relied on Nevins to set a fair charge when the boat was delivered...
...figures that the company's break-even point is $900,000 a year, and it is grossing less than $800,000, mostly because of the European competition. Says Gauss: "They pay a first-class mechanic 60? an hour, against $2.50 here. As a result, they can deliver a boat, including import duty, at one-third less than we can." European shipbuilders even have U.S. defense orders, e.g., the Navy has just ordered four minesweepers from Yugoslavia for $3,500,000. Snorts Gauss: "Imagine giving the contracts to a Communist country...