Word: millions
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Dates: during 1960-1969
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Just two weeks ago, he forgave the organization a $13 million debt that he says it owed him for services rendered-an understandable act of charity considering that he has boasted to friends of having $7,000,000 stashed away in two numbered Swiss bank accounts. And he continued to float about the Mediterranean on his yacht, a 3,300-ton former channel steamer that is manned by some 200 blue-uniformed crewmen and students...
...unhappy. Expo 70 will be the first world's fair in Asia, and the congressional cutback will cause considerable loss of U.S. prestige. Last week architects and interior designers fought against deadline odds to come up with alternative plans for a new exhibit that will cost approximately $10 million. At the same time, a Soviet delegation dedicated the construction site of the $20 million Russian pavilion. In solitary splendor, it will soar 300 ft. high, just to the north of where its U.S. counterpart would have stood...
...critter until 1941, when the American Quarter Horse Association was formed to legitimize the breed. Since then, more than 500,000 quarter horses have been registered in the U.S., and many of the racers among them work in plush surroundings. California's Los Alamitos Race Course, a $15 million complex 35 miles south of Los Angeles, was built in 1947 by Frank Vessels Jr. and his late father on the site of a former beet farm. Los Alamitos drew 457,080 fans last year and attendance is up 30% this year. It pays better than beets, too: close...
...Charles E. Sorensen, 86, Henry Ford's production chief from 1919 to 1944; after a long illness; in Bethesda, Md. Impatient, often tyrannical, "Cast-Iron Charlie" devised the moving assembly line, which revolutionized the auto industry and pushed the output of Ford's flivvers past the 30 million mark by the early 1940s. In World War II, Sorensen applied the same principle to aircraft plants which turned out four-engine B-24 bombers at the rate of one every three hours...
...United. United at one time or another pulled under its wing Bill Boeing, Chance Vought and Igor Sikorsky, also gave birth to the now independent United Air Lines. Horner grew along with the company, masterminding Pratt & Whitney's World War II production of half the power (600 million h.p.) used in U.S. war planes. He became president of the entire company in 1943, after the war brought United into the jet age with characteristic success. Though Pratt & Whitney long lagged in turbine engines behind Rolls-Royce and G.E., Horner drove the company (which accounts for 70% of United...