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...usual tariff cut amounted to 20%, though some were notably higher. In the reduction involving the biggest volume of trade, the U.S. pared the duty on foreign cars by about $21.50, while Europe lowered its tariffs against U.S. autos by $126. Though President Kennedy singled out this deal to crow about, the reduction will scarcely help Detroit because the Common Market's new auto tariff against outsiders is still a stiff 22% O. the U.S.'s 6½%), and exorbitant excise and horsepower taxes increase the European price of Ford's Comet to about...

Author: /time Magazine | Title: State of Business: Trade Fight: Round I | 3/16/1962 | See Source »

...year in which more were hit in the major leagues than ever before, the year Roger Maris, who has never batted above .283, hit 61 homers and moved into baseball legend by breaking Babe Ruth's 60-home-run record set in 1927. But baseball had more to crow about in 1961. There were new records and achievements all around...

Author: /time Magazine | Title: Sport: Summer Arithmetic | 12/29/1961 | See Source »

...merger announcement obliged Central President Alfred E. Perlman to swallow a large mouthful of crow and offered Pennsy Chairman James M. Symes (pronounced Sims) a rare kind of satisfaction. The two roads first began to talk merger in 1957, but two years later, just as they were about to settle on terms, Perlman coldly called the whole thing off. Said he: "Before we marry the girl, we want to make sure no other heiress is around that might fall into...

Author: /time Magazine | Title: Railroads: Return Engagement | 11/17/1961 | See Source »

...Outfielders Vada Pinson (.343 season average) and Frank Robinson (.323) managed only five hits between them in five games. Poker-faced Pitcher Ford extended his string of scoreless World Series innings to 32, and broke Babe Ruth's favorite record. For a team that had every right to crow, the Yankees were remarkably restrained about their easy victory. The Yankee front office dutifully scheduled a champagne-and-steak victory celebration, but it fell flat when half the Yankee squad-including Mantle and Maris-went home instead. Pitcher Ford put it best: "Gee, I hope...

Author: /time Magazine | Title: Sport: Tomorrow, Golf | 10/20/1961 | See Source »

...games (Cotton, Bluebonnet, Sun, Prairie View), three professional franchises, 30 college teams-and many of the nation's football bookmakers. The eight teams in the Southwest Conference* have produced some 65 All-Americas, are the breeding grounds for such superb professionals as Yale Lary, Kyle Rote, John David Crow and Bobby Layne. Still, a national championship is only a distant memory in Texas. Perhaps the biggest reason is the fratricidal nature of the bruising Southwest Conference, in which each team must play all the others each season-a harrowing schedule from which it is nearly impossible to escape unscathed...

Author: /time Magazine | Title: Sport: Home on the Range | 10/13/1961 | See Source »

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