Word: fasts
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Dates: during 1950-1959
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...bureau, was right on the spot. Riding a Chinese Nationalist supply ship for Quemoy, he had just clambered over the side into a landing barge when Communist gunboats launched a surprise night attack. Getting ashore after a hair-raising trip under Red fire, he "sprinted up the beach as fast as an aging correspondent in blue button-down collar, British slacks and a pair of loose loafers could sprint." Three days later, airlifted off Quemoy by a Nationalist plane that took off under the nose of Communist guns, Bell was in Formosa learning from President Chiang Kai-shek...
Already the Communists had established something close to a blockade of Quemoy. When the Chinese Nationalist navy early in the week tried to reinforce and supply the island, small, fast Communist craft drove the bulk of the convoy back to the Pescadores, and U.S. newsmen who succeeded in getting to Quemoy (see below) reported that no significant shipping had reached it since the Communists opened up their artillery assault three weeks ago. Five days later, in response to the Communist blockade, two U.S. heavy cruisers and six U.S. destroyers escorted a pair of Nationalist supply ships to Quemoy...
Today Milan and Rome between them boast eight supermarkets. Biggest operators: the Italian-owned Supermercato S.p.A., and the fast-growing Supermarkets Italiani (majority owner: Nelson Rockefeller's International Basic Economy Co.). Up to 10,000 customers a day in the two cities revel in the choice of up to 1,800 separate items ranging from insecticide to canned swallow's nests, from canned Malayan pineapples to frozen pizzas and spaghetti in plastic bags. Increasingly, middle-class housewives leave their maids at home (thus ending the maids' expected rake-off on the week's shopping money), personally...
Battle for Survival. So fast did Thornton collect companies that many a competitor called Litton a house of cards, figured it would collapse under the blow of the recession. Yet Litton kept right on expanding. Early this year Litton merged with New Jersey's Monroe Calculating Machine Co. (sales: $40 million) because
...Thornton, is the first to admit that "we have a long way to go"-and that the road ahead will be slippery. Though Litton's profits reached $3,700,000 in the last fiscal year, they have yet to live up to the price of his highly touted, fast-rising stock, now selling at 56^-or 26 times earnings. The competition in the industry is growing so rough that competitors still question whether Litton is strong enough to compete over the long run. Tex Thornton himself expects that many a promising, new electronics maker will be shaken...