Word: fasts
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Dates: during 1950-1959
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...realized when I was pitching high school ball, says James Hoyt Wilhelm, "that I wasn't fast enough to get by. I had read about Dutch Leonard and the kind of junk he was throwing for the Senators, and I set out to see if I couldn't throw some too." Hoyt Wilhelm's "junk" is the craziest knuckle ball in baseball today. It floats up to the plate, dances tantalizingly before batters' eyes like a butterfly, then breaks sharply and unpredictably. One night last week his knuckler broke all over the place, kept...
...Giants gave up on Wilhelm after the 1956 season, when he temporarily lost the knack of getting men out in tight spots. His knuckler was missing the corners, and when he got behind the batters, Hoyt was forced to use a fast ball or slider, with disastrous results. "Hoyt began to worry and try different things, and the more he changed, the worse it got," says Wes Westrum, the Giants' catcher in those days...
Blough streamlined the legal department, went on to important roles in labor negotiations, financing, a hundred other tasks. Within ten years he had scrambled through the corporate hierarchy so fast that when Ben Fairless shifted over from president to chairman in 1952, a special post of vice chairman was created for Blough and he became, in Fairless' words, "my right bower." Three years later, when Fairless retired, it was a foregone conclusion that Blough would be the new boss...
...agree with McDonald's argument that the best way to fight inflation is to cut prices, starting with steel. He cites the fact that U.S. Steel cut prices $1.25 a ton in 1948 when inflation had pushed living costs up 14.5% the year before. Costs kept climbing so fast that the price cut had to be canceled within three months. Says Blough: "The problem isn't prices; it's costs...
Japan's fast-growing electronics industry scored a notable success. Under a threeyear, $8,000,000 contract, Tokyo Shibaura Electric Co. began turning out upward of 75,000 transistor radios, 800,000 transistors, and 1,000,000 vacuum tubes annually for International General Electric, to be resold under the I.G.E. name in Europe, Asia and Africa. I.G.E. was the second major U.S. electronics company to decide to make a deal this year with the Japanese. In April Motorola put on sale in the U.S. a $29.95 shirt-pocket-size transistor radio with most of its parts made in Japan...