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...with a $10 million RFC loan to the now defunct Lustron Corp.. though he recommended approval of the loan and resigned from RFC on the day the loan was granted (to become a Lustron executive). Young and his wife (who wore the Truman Administration's original mink coat when she was a White House stenographer) now operate a swank Florida motel known to its clientele as "the Royal Pastel Mink Auto Court...

Author: /time Magazine | Title: National Affairs: Old Bones | 5/11/1953 | See Source »

...Army already had a stock of more than 1,000,000 overcoats, but the new coat had a remarkable new feature: attached to the back hem were two flaps designed as leggings, to snap around the ankles and zip up the sides. Since the coat had never been tested in the field, no one knew just how remarkable it was, until 349,000 were shipped to Korea and Japan in 1950. In the field, G.I.s found that the bulky garment was too heavy (8 Ibs.) and too long. If a soldier tried to run in the coat, the leggings (which...

Author: /time Magazine | Title: National Affairs: Waste Coats | 5/4/1953 | See Source »

Finally, the Army realized that the coat was useless for combat wear. It decided to cut the leggings off all the overcoats that had not been issued. Additional cost...

Author: /time Magazine | Title: National Affairs: Waste Coats | 5/4/1953 | See Source »

...ambassador, informally dressed in a grey wool jersey dress and tan polo coat, was quickly caught up in the crush. Crowded from corner to corner by the eager cameramen, she could scarcely get through a statement-mostly in careful Italian-that she had prepared for her arrival. "I am proud to come here as the ambassador of a President and a country that wants what Italy wants most-to help build for all of us the house of security on the rock of justice and liberty," said Ambassador Luce...

Author: /time Magazine | Title: ITALY: Benvenuta | 5/4/1953 | See Source »

...They stript Joseph out of his coat, his coat of many colours...

Author: NO WRITER ATTRIBUTED | Title: Light, Slight Sportswear Needed For Use on Balmier Boston Days | 5/1/1953 | See Source »

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