Word: motoring
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Tractor Deal. Harry Ferguson, Inc. found a new manufacturer for the tractors which Henry Ford II had stopped building for Inventor Ferguson (TIME, July 21). It was Sir John Black's Standard Motor plant at Coventry, England. Standard, already building 250 tractors a day for Ferguson's English company, will build another 250 a day for Harry Ferguson, Inc. to sell in the U.S. They will be powered with Continental motors imported from the U.S. (Ferguson found that would be cheaper than assembling the motor and British frames...
Last week, ex-Partner Ferguson played his last card. In New York's Federal Court, he sued Henry Ford II, Dearborn Motors Corp., the Ford Motor Co. and others for $251 million damages. He charged 1) patent infringements, and 2) conspiracy to monopolize the farm tractor and implement business. Ferguson claimed that the Ford Motor Co. had "recognized the validity [of his patents] and placed the statutory patent notice on all tractors manufactured down to June 1947." He wanted to collect triple damages on the 37,000 tractors Ford has made since the split, and other damages for having...
Snapped Young Henry: "The blunt truth about this relationship is that it made Mr. Ferguson a multimillionaire and cost the Ford Motor Co. $25 million in the process." As for patents, the Ford Co. claims Ferguson's had all expired on such features as Dearborn Motors had copied. The rest of Ferguson's "distorted" story would be answered "at the proper time and place," presumably in court...
...Manhattan's Grand Central Palace last week there was the feel of the sea. As yachtsmen crowded into the 1948 National Motor Boat Show, they were "piped aboard" by the cheery notes of a boatswain's whistle. There was another cheery note: in the cheaper price class there were more boats than ever. Some prices were down from last year's, though most were...
...people of the tiny Colombian village of Pauna, snuggling in the Andean foothills a day's motor drive from Bogotá, the new bridge over the deep, swift Río Minero had seemed as permanent and reassuring as Thornton Wilder's bridge of San Luis Rey. It was made of wood, suspended from steel cables. Across the 100-ft. span, donkey carts rattled, bringing produce to market. Across it, campesinos and the mountain people trudged to Pauna for the Saturday fiestas...