Word: motoring
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...richest men and her estimates of their fortunes: No. 1: Texas' bachelor Wheeler-Dealer Sid W. Richardson, 65, $700 million. No. 2: Aluminum Co. of America's Board Chairman Arthur Vining Davis, 89 and now a bustling Florida realty tycoon, $450 million. No. 3: Ford Motor Co.'s President Henry Ford II, 39, $400 million. Tied for No. 4: Sun Oil Co.'s publicity-shy Board Chairman Joseph Newton Pew Jr., 70, and Avia-tionabob Howard Hughes, 51, $350 million each. No. 5: Texas Oilman Clint ("After the first hundred million, what the heck?") Murchison...
...Gillies, the plastic surgeon is well advised to aim short of perfection. "It is important to remember when remaking the nose for a one-eyed lad not to build the bridge so high that he cannot see the motor bus coming from the blind side." This reminds him of the one-eyed Count of Montefeltro (1422-82), who deliberately had part of his nasal bridge removed: "Thus his one good eye peeking through the notch in his nose discouraged friends sitting on his blind side from trying to poison...
Last week a super-secret conference met at Dayton's Wright-Patterson Air Force Base to discuss high-energy "exotic" fuels, the hottest subject in the air propulsion business. The conference issued no public report, but it is well known that all major engine and rocket-motor manufacturers are experimenting with the new fuels, and that chemical plants are being built to produce them in quantity (TIME, March...
...flowed the oil and down sank the city. Soon the Navy, Ford Motor Co., the power company and the oil producers themselves were building costly levees to keep the salt sea away from their doors. As the sinking continued, one or two feet each year, the earth began to move sideways. Pipes broke and gushed water, oil or sewage. Pavements cracked. Bridges had to be rebuilt to keep them above the water. Such work has cost so far about $90 million...
...such earnings higher than they should be? Said W. Alton Jones, chairman of Cities Service Co.: "Any fair appraisal will show that these earnings have been reasonable and, in fact, have been lower than those of many other major industries, including iron and steel, motor vehicles and equipment, and chemicals. Fair and reasonable industry earnings are necessary if the petroleum industry is to meet its large capital requirements...