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While trying to quash a revolt in the Philippines in 1904, American troops discovered that their .38-cal. revolvers were not very effective against the frenzied attacks of Moro tribesmen. The call went out for a handgun with "stopping power," and in 1911, the U.S. issued the Colt .45-cal. automatic to its men. Now, after 70 years of service, the Army plans to retire the legendary .45-as well as the .38-cal. revolver -and replace them both with a new 9-mm model...

Author: /time Magazine | Title: Progress: A Farewell to Arms | 7/13/1981 | See Source »

...Chrysler is a big burden for us." As Chrysler's financial problems have worsened, its dealer base has shriveled, and Mitsubishi has steadily lost ground to tough Japanese competitors like Honda and Toyo Kogyo. Last year, Mitsubishi's cars, which include the sporty Challenger and the economical Colt subcompact, accounted for only 6.9% of all Japanese exports...

Author: /time Magazine | Title: At the Controls of Mitsubishi | 6/29/1981 | See Source »

...gray, rainy dawn last week, a virtually unknown colt named Summing started the slow walk from the barn on the backstretch at New York's Belmont Park. Ominous clouds were lowering as Summing jogged onto the training track. Then an exercise rider set him down on the rail, and Summing began to run. Railbirds could not believe their eyes, and the track's dockers stared at their watches in amazement. The bay colt pounded through the mist at a sizzling pace, and when he flashed past the mile pole Summing had set a new training track record...

Author: /time Magazine | Title: Sport: He Just Dragged Me Out Front. | 6/15/1981 | See Source »

Though no one doubted Summing's speed, the colt benefited most from an unusually slow pace during the early stages of the race. Jockeys, fearful of spending their horses too early over the grueling 1½ mile distance ambled through the first three-quarters of a mile in a somnolent 1 min. 141/5 sec. By that time, Jockey George Martens, 22, had Summing snugged into the rail, running easily on the lead under a tight rein. Martens, content to rock along, peered over his shoulder repeatedly, looking for a challenge from Pleasant Colony. Finally, as the horses headed into...

Author: /time Magazine | Title: Sport: He Just Dragged Me Out Front. | 6/15/1981 | See Source »

Owner Charles T. Wilson Jr., a Mexico City businessman, did not know that his colt would even be entered in the Belmont until Barrera told him of his plans after the Pennsylvania Derby. Said Wilson: "I've been in racing long enough to try to be dumb about these things. An owner's principal function is to pay his bills." With a fat Belmont purse of $170,580 safely tucked away, paying the bills will be no problem...

Author: /time Magazine | Title: Sport: He Just Dragged Me Out Front. | 6/15/1981 | See Source »

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