Word: cups
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Dates: during 1970-1979
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...Turner, the bold, brash captain of the revamped 12-meter yacht Courageous, had the champagne ready in Newport when George Hinman, head of the six-member selection committee, came to tell him and his crewmen the news: "Gentlemen, you have been selected to defend the America's Cup." Skipper Turner, 38, a Georgian who owns the Atlanta Braves and the Atlanta Hawks (TIME, Aug. 8), had won the right to try to retain for the U.S. the world's oldest international sporting trophy by defeating the other two U.S. aspirants, Enterprise and Independence...
...unexpected windfall, but considerably less delighted when he was reminded of Liveright's commission. "Do you mean you're going to take my money?" he asked. "Just at this moment, the waiter brought the coffee in," writes Cerf, the ever faithful reporter. "Suddenly Dreiser seized his cup and threw the steaming coffee in Liveright's face. [He] got up from the table without a word and marched out of the restaurant." Liveright turned to Cerf and said, "Bennett, let this be a lesson to you. Every author is a son of a bitch...
...verve to make up for used sails and older design, Turner, 38, has transformed his four-year-old boat into a front runner, a conversion he hoped would prove contagious when he invited his Atlanta Braves baseball team to watch him race. Courageous had been sailed to the 1974 Cup victory by Hood, who this year planned to use it (with Turner as captain) for tune-up duty as Independence's sparring partner. But Hood reckoned without the cocky skipper's fierce competitiveness. "Everything...
...mystery of the 1977 America's Cup has been Ted Hood's Independence. At 50, Hood is the Renaissance man of sailing; he designed, cut the sails and outfitted Independence, the first man in history to control every aspect of a 12-meter from drawing board to helm. Hood has decades of Cup experience -including a dramatic last-minute takeover of a struggling Courageous and a four-race sweep of Australian contender Southern Cross in 1974-and his considerable knowledge and skill were poured into the lovely rake of his boat's hull and the complex curves...
Then there has been a dramatic decline in U.S. consumption. Faced with costs that drove even snackbar brew to 350 a cup and above, many Americans cut down on coffee. According to a 1977 survey by the National Coffee Association in three U.S. cities, consumption in the four months of March through June was 22% below last year's level. Result: roasters and wholesalers, who had stockpiled reserves in anticipation of even higher prices, have found themselves stuck with large inventories...