Word: jackpots
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...desert reservation at the four corners where Utah, Arizona, Colorado and New Mexico meet. Disease-ridden, undernourished, ignorant, they lived in ramshackle hogans and crumbling shacks, contemplating a future as bleak as their past was romantic. Then, in 1956, big-time oil drillers on Navajo land hit the jackpot, and the dollars began gushing in. By last week, their numbers grown to 85,000 (v. 15,000 in 1868), their treasury to $60 million, their ancient weapons supplanted by grosses of ballpoint pens, lawyers, bookkeepers, geologists, oil consultants-even a pressagent-the busy, hard-driving Navajos were pounding their chests...
...Knerr, the hoop is the biggest thing yet. Eleven years ago they opened a shop with less than $1,000 cash and plans to make slingshots. Since then they have added three dozen other toys and gadgets to their production, now employ 670. Last year they hit their first jackpot with a lightweight plastic platter, the "frisbee." They have already sold about 2,000,000 Hula Hoops (93? wholesale, a 16% gross profit), hope to sell millions more before the craze dies...
Beginning a "major effort to encourage and support higher education in business," the Ford Foundation last week announced a grant of $1,100,000 to Harvard's famed Graduate School of Business Administration, and a jackpot of $1,375,000 to the University of Chicago's relatively little-known, expansion-bound School of Business. Harvard will use the money to expand its doctoral program; Chicago will divide $1,000,000 between two endowed professorships, spend the rest on fellowships, faculty grants...
...managed to fashion successful careers as newspaperman, lecturer, travel writer and novelist (Eskimo ). During World War II, the vigorous Dane found time to fight in his country's anti-Nazi underground. Last summer he became a familiar figure across the U.S. as the fifth contestant to hit the jackpot on television's The $64,000 Question.* Later, at the start of one more Arctic expedition, peg-legged Peter Freuchen died of a heart attack...
...from a snatch position and 330 Ibs. "clean and jerk." For fully five minutes, viewers watched Brawn parade in front of the camera, flexing muscle and steeling nerve. Finally, to the relief of several hundred thousand Frenchmen, he raised his weights sufficiently high; Brain and Brawn happily split their jackpot...