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Word: motoring (lookup in dictionary) (lookup stats)
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...commend TIME on its story about our friendly competitor, Louis Marx. You intimate that Marx "knocked off" our best-selling Robert the Robot by meeting our price and adding a battery motor. In order to meet our $6 price, Marx eliminated from his robot the phonograph recording which permits our Robert to talk. It says, "I'm Robert the Robot, the mechanical man. Drive me and steer me wherever...

Author: /time Magazine | Title: Letters, Dec. 26, 1955 | 12/26/1955 | See Source »

...thought it would have only $50 million to spend, it began sending out questionnaires, asking about faculty salaries, enrollments, curriculum and accreditation. At that time it included one stipulation which was later dropped: that each recipient must raise enough money to match its grant. Then, when the Ford Motor Co. decided to put its stock up for public sale, the foundation realized that it would have assets enough to give an additional $210 million to the colleges, $200 million to some 3,500 privately supported hospitals, and $90 million to an as yet undetermined list of privately supported medical schools...

Author: /time Magazine | Title: Education: Way of a Windfall | 12/26/1955 | See Source »

...money for the grants comes principally from the Foundation's holdings of Ford Motor Company stock which will be sold soon. It is estimated that the half billion dollar grant is about one-fifth or one-sixth of the total assets of the fund. The money will be paid in cash within 18 months, the committee said, but at least half of it will be available by July...

Author: NO WRITER ATTRIBUTED | Title: $4.5 Million Grant May Forestall Tuition Rise | 12/13/1955 | See Source »

...piracy," cracks Lou Marx, who pays no royalties in the the U.S. "When you copy them, it's competition." When Marx "competes," he often cuts the price, but he always makes small improvements, e.g., when he "knocked-off" Ideal's bestselling mechanical robot, he put in a battery motor...

Author: /time Magazine | Title: RETAIL TRADE: The Little King | 12/12/1955 | See Source »

TRUCK MERGER is in the works between White Motor and Diamond T, two of the oldest firms in the business. White Motor will buy Diamond T's assets for about $9,000,000 ($23 a share v. current market price of $21) for the 421,259 shares outstanding, combine research and engineering facilities...

Author: /time Magazine | Title: Time Clock, Nov. 28, 1955 | 11/28/1955 | See Source »

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