Word: motoring
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...fourth trip-with 16 aboard the raft-went badly. The raft was swamped; a motor launch which managed to get its people aboard was hit by a wave which killed its engine and all but swamped it, too. Captain Cronk took the Bibb over to the swamped launch. As passengers began to be washed out of it, seamen leaped into the water for them; others reached out from life nets over the cutter's side to haul them to safety...
...dozen times in recent months, the steel shortage nipped motor car production this week. Five Detroit auto plants were closed down; some 37,000 workers were laid off. With General Motors limping along at only 65% of capacity, Chairman Alfred P. Sloan Jr. said that "it looks as if it would be two years at least" before there was enough steel. Ford Motor Co. did more than grumble; it earmarked $18 million to build a blast furnace and buy a secondhand rolling mill to turn out steel itself...
Crows flying from Cambridge to Charlottesville will have to cover only 500 miles, but non-aviary students who plan to motor down Virginia way for Saturday's gridiron spectacle will have to take a longer route...
Icebreaker. With a proud blare of horns, Packard Motor Car Co. last week drove out its new cars, thus became the first motormaker to put 1948 models on the market. The new models were radically different from the '47; gone was the distinctive Packard hood, the company's trademark for more than 40 years. Packards now have rounded hoods and wide, square bodies, forecast by the '48 convertible model put out last spring. Although some models, which range in price from $2,125 to $4,668, will cost more than their predecessors, two of them will...
Bets Closed. The Ford Motor Co.'s pension plan was finally voted down by the U.A.W.-C.I.O. in favor of an immediate 15?-an-hour raise (TIME, Sept. 29). The increase, said U.A.W., gave Ford the highest wage scale in the industry, $1.52 an hour, and 7? above the industry average. The same week, 19 of Ford's well-heeled employees were fired for gambling during working hours...