Word: boom
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Dates: during 1960-1969
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...Verne had the vision more than a century ago. When Western man finally launched himself into space, he foresaw, it would be from Florida's midsection. Men with less foresight saw only a forbidding stretch of sand, scrub and fetid marshland that was bypassed even during the land boom of the 1920s. In the 1950s, recalls Space Reporter Al Volker of the Miami News, the space program was so hushed up that the only way to find out that a shot had taken place was to have a Cocoa Beach bartender telephone the news. But in the 1960s...
...then largely overlooked by architects as a partner in their art. A technical innovation like the prefabricated glass-and-plastic facade, he knew, could be used as excitingly as hand-hewn marble. In this way, he prepared two generations of architects to meet the pressures of the postwar building boom and inspired them to want to produce beautifully...
...prouder of some of the mortgages I've written"), and scriptwriter for radio's Gangbusters, Lytton used Broadway promotional techniques to build his Los Angeles-based Lytton Financial Corp. into a $700 million business. Overextension and the collapse of the California housing boom started his downfall in the mid-'60s, and creditors moved in to depose him in April 1968. "Money," he once said, "can be merchandised just like girlie shows," and in recent months he was contemplating a fresh start with his own advertising agency, conceding that he was no longer a rich man but "probably...
...Joiner, then a septuagenarian wildcatter, opened up the great East Texas oilfields in 1930 when he brought in his gusher, Daisy Bradford No. 3. Legend has it that soon afterward he lost oil leases worth $100 million in a three-day card game. "Anything you hear about the boom towns won't be an exaggeration," says H. L. Hunt, the multimillionaire, who remembers that holdup men were so common that he and his partners would always walk single file and 16 feet apart when they went to town. The reason, he explains, was that "the bandits wouldn...
...been to get the ore out from the Mount Newman area, which is 780 miles by road from the nearest large city, Perth. In just 14 months, U.S. and Canadian companies laid down 265 miles of railroad track to connect the site with Port Hedland, which until the iron boom had been a decaying northwestern port on waters swarming with deadly stonefish, sea snakes and sharks. When a despondent prospector blew himself up on the front porch of the Esplanade Hotel a decade ago, he disturbed only half a dozen people...