Word: kaisers
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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...
...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...
Record Six Months? Among the independents, Packard kept up with the price-trimming parade by lopping $50 off the price of its Ultramatic automatic drive, bringing it down to $175. And last week, Henry & Edgar Kaiser summoned K-F dealers and distributors to Willow Run to let them see their new models with an automatic shift (Hydra-Matic, purchased from G.M.) and K-F's new lower-priced, i oo-inch-wheelbase car. It hopes to get the small car into production by summer. Another new arrival: automatic transmission on the Studebaker, due sometime after April...
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...
...Henry Kaiser, who had proclaimed that only a year ago he was the fourth biggest automaker, dropped down to eighth and was saved from shutting up shop only by a $44.4 million RFC loan...