Word: know-how
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Auctioning horses requires as much know-how as bringing them home in front. The minute a horse is put up for sale, Fasig-Tipton's pedigree department gets busy compiling a dope sheet for prospective buyers on the horse's genealogy and racing record...
...they are ideal for hauling fast freight over U.P.'s mountainous track and can, like a diesel, run 300 to 400 miles without refueling or stopping for water. By using them only on such runs, Stoddard figures that U.P. will save on maintenance, and pile up plenty of know-how against the day when gas turbines are improved enough for general service...
...bare 1.5% of the oil it needs, all from wells already owned by the government. It has only small refineries. When Brazil's Communists and nationalists shout, "The oil is ours!", they are shouting almost entirely about oil that is underground. And without the risk capital and know-how of the foreign oil companies, that is where it is likely to remain...
Private Power Fires. The private power companies were slow to organize a rebuttal. But when Niagara Mohawk did join with four other major utilities* to back the Capehart-Miller bill, which would let them do the job, they presented some impressive arguments. Their know-how and existing facilities in the area, they said, would keep the project millions below the Government cost, and finish the first phase three years ahead of the Government. Private rates would be slightly higher than the Government's, but only because the companies would pay $23 million a year in municipal, state and federal...
...Edinburgh traveled to its college at Swansea, put on a black and gold cap and gown and gave the students a bit of advice for the future. Some of his tips: "There is great wealth of scientific and technical knowledge waiting to be used . . . Forces of prosperity are know-how and the will to work." He ended his speech with the college motto: "Cweddw crefft heb ei dawn" (Technical skill is sterile without inspiration...