Word: denting
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Packer is the owner of Gretel, the Aussie 12-meter that lost ignominiously to the U.S.'s Weatherly in 1962. That debacle cost Multimillionaire (newspapers, radio and TV) Packer an estimated $675,000-hardly enough to dent his enthusiasm. Last year he spent about $150,000 to have Gretel rebuilt for another try, but that came to nought (TIME, January 27) when a brand new Aussie challenger, Dame Pattie, convincingly trounced Gretel in a series of shakedown races off Sydney. Nothing would do then except to rebuild Gretel yet another time. Back she went to the yard, where...
Beller feels that next year's varsity could make a big dent in the league if they are very aggressive. "Our attitude will be an important factor, since we have the talent," he claimed...
...nothing else, Skoda's snappy, rugged little family compact, the 1000 MB, proves that Communism can at least try to compete in highly competitive western auto markets. Where such products as Russia's Zil and East Germany's Trabant have failed to make even the smallest dent in the Western market, Skoda's 1000 MB has become increasingly popular on roads from Cologne to Christchurch, N.Z. Last year Skoda turned out 77,000 of the cars, up from 60,000 in 1965. Nearly half were exported to the West, bringing in more than $30 million...
...will help decide whether that pleasant dream comes true. The administrative budget, despite its size, actually gives economizers a small target because so much of it involves defense needs and other unavoidable expenses. Although the long knives flashed in anticipation last week, large-scale cuts seemed unlikely. The Presi- dent himself had pulled back on many Great Society programs, asked $3 billion less overall than previous congressional authorization schedules had envisioned. But his proposal for a 6% surcharge on personal and corporate income taxes, amounting to $4 billion plus, faces serious challenge. If it fails, the real deficit will grow...
...found in the summer of 1962 that he was desperately short of cash for his $1,200,000 Maryland shore Carousel Motel, Baker testified, he took his woes to Johnson, whom he described as "the best friend I had around the Capitol." Baker said: "The then Vice Presi dent picked up the phone and called his friend and my friend-Senator Kerr. He then advised me to go immediately to Senator Kerr's office, which...