Word: dieselization
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Onassis lunched with the Prince several times, made himself useful around the palace to the extent of finding a 137-ft. diesel yacht for Monaco's boss. "People said I gave him a yacht," said Onassis. "Poof! He paid for it, 51 million francs, about $125,000." In any case, the Prince decided to drop his money-raising scheme. Instead, he approved Onassis' plan to buy control of the Sea Bathing Society from its 31,000 stockholders. When the directors returned from their money chase to tell the Prince that four of the biggest banks in France...
...General Motors' $2,500, 87-h.p. diesel engine, the smallest G.M. has ever made and suitable for a 26-ft. boat. G.M. claims it is safer and more economical than standard 100 h.p. ($600) gas engines, plans to turn out 5,000 of them this year...
...onlookers and set ashore. By nightfall, the 37-hour ordeal was over, and the happy crew was giving a banquet for Captain Saukant, last man off the broken Reefer, and in many a Leghorn household that night, Italians feasted happily on American turkeys, which tasted a little of diesel oil and salt water...
...turbine locomotive, which some workers call "Messy Bessie," packs more power (4,500 h.p.) into less length than the diesel, and burns cheap bunker oil for fuel. General Electric hopes that some day the engine will run on coal. As the biggest producer of coal west of the Mississippi. U.P. could get the full benefits of such a locomotive...
Though gas turbines will ultimately be cheaper to maintain than diesels. they have disadvantages. They burn almost as much fuel while idling as when running full blast, thus are not efficient on short hauls or stop & go passenger trains. But they are ideal for hauling fast freight over U.P.'s mountainous track and can, like a diesel, run 300 to 400 miles without refueling or stopping for water. By using them only on such runs, Stoddard figures that U.P. will save on maintenance, and pile up plenty of know-how against the day when gas turbines are improved enough...