Word: boom
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Dates: during 1950-1959
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...time money. Today, like Idaho Rancher-Financier R. J. Simplot (who is aloft 800 hours each year), businessmen are finding an even better way to save time and make money: they use a growing fleet of private planes of every size and shape. For a description of the boom and what it means to the U.S. light-plane industry, see BUSINESS, Private Planes on the Rise...
...with nine mills, lived on King Cotton. The Depression almost left one-industry Huntsville a ghost town. Says a longtime resident: "If you could stand on the courthouse steps with as much as a dollar in your pocket, you were the richest man in town." Huntsville's big boom began in 1950, when Wernher von Braun & Co. arrived to start making Army missiles at Redstone Arsenal, a World War II shell-loading installation that had been taken out of commission...
...moving piece by an otherwise unknown composer, William Wolsieffer. The score is dedicated to Composer Bales's grandfather, a Union captain, but at least at one point the suspicion is aroused that Virginia-born Richard Bales has fired one last shot for the Grey: to record the boom of a cannon, Columbia sound engineers had a twelve-pounder touched off at Manassas, the site of two of the North's worst defeats...
...headline makers of the U.S. air world are supersonic fighters, jet bombers and transports. But today, almost unnoticed amidst the sonic booms, a second segment of the industry is enjoying a rise of unparalleled proportions: the private-plane industry, which is riding the jet stream of its own $1 billion boom...
...light-plane makers added another 6,000 craft to the fleet, and grossed a record $125 million for an 800% gain since 1951. Gas, oil, maintenance and other costs for 209,000 private pilots who fly for fun or profit added $800 million more to the business. Yet the boom is just beginning. The forecast for 1975 is a fleet of 105,000 planes logging 25.8 million hours annually...