Word: kaiser
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Dates: during 1950-1959
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...improvised theater in an old army hangar at Willow Run, Kaiser-Frazer dealers gathered to see their company's new models. The dealers were gloomy: their share of U.S. auto sales had slumped from an early postwar 5½% to 1%; they knew that K-F had staked its entire future on the new models, pledging all its assets for the $44 million RFC loan which made the new line possible...
...gleaming new cars rolled across the stage, the dealers perked up. The sleek, stylish new Kaiser set Texas dealers whooping, rodeo-fashion. Powered with a new 115-h.p., six-cylinder K-F-made engine, the new Kaiser also had optional Hydra-Matic shift (purchased from General Motors). Other selling points: a bigger window area, padded instrument panel to protect front-seat riders in accidents...
...what raised the roof was K-F's new, still unnamed low-priced car. It is a five-passenger two-door sedan which President Edgar Kaiser hopes to sell at around $1.175 f.o.b. Willow Run-$250 cheaper than the more luxurious two-door Ford or Chevrolet. At the sight of it, Midwest dealers swarmed across the stand, lifted the 2,400-lb. car waist-high and carried it around the room...
...told by Zizendorf, a neo-Nazi who plans to free Germany from Leevey, its American overlord. Zizendorf lives in a boarding house run by Madame Stella Snow, who symbolizes the eternal Germany of ruthless energy and strength. Among the other boarders are a hungry duke, a relic of the Kaiser-ruled past; a drunken census taker who personifies perennial German officialdom ready to serve any master; Herr Stintz, the typical "little man" whose futility is expressed in nocturnal tuba-playing, and Jutta, Zizendorf's cowlike mistress, who wants only the warmth of love...
Another protest came from the U.S. Senate, where Arkansas' Democrat J. William Fulbright asked for a full-dress investigation of RFC loan policy. He wanted more details on McCarthy's $70 million request, as well as the facts behind such loans as $44 million to Kaiser-Frazer Corp.; $37.5 million to Lustron Corp. (see below); $12 million to Northwest Airlines; $6 million to Waltham Watch Co., and the Texmass loan...