Word: newmarket
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Dates: during 1980-1989
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Some high-price, high-quality American shoes have carved out foreign markets. In Italy, Timberland shoes (retail price in Rome: $100 a pair) are such a fad that young thugs have taken to attacking people and stripping them of the American-made footwear. Yet the Timberland factory in Newmarket, N.H., failed to meet its production target last year because it could not pay its workers high enough wages...
...horse was his chief image of social harmony: order on four legs. No wonder that, in such paintings as Eclipse at Newmarket, With a Groom and a Jockey, circa 1770, the plain rubbing-down houses on Newmarket Heath look like neo-Egyptian shrines, pyramids of the turf. They are, so to speak, the temples of Stubbs' Utopia, a place adjacent to Jonathan Swift's imaginary country of the Houyhnhnms, those sagacious and moralizing horses...
...Vane-Tempest put him up against Diamond, another star horse, for a purse of 3,000 guineas. (At the time, a farmer's laborer might have made the equivalent of five guineas a year.) The match drew the biggest crowd and the heaviest side-betting ever seen at Newmarket, and amid scenes of hysterical excitement Hambletonian won the four-mile race by half a neck. He finished "shockingly goaded," lathered in blood from whip and spur. To commemorate the victory, Vane-Tempest had the 7 5-year-old Stubbs paint him life size...
Last year Cauthen, who at 5 ft. 5 in. is four inches taller than when he left, rode 102 winners and was voted jockey of the year by a racing magazine. In the Newmarket Champion Stakes, he steered his way through 18 horses to go from last to first in the final two furlongs. "As near to being a masterpiece as is possible in race riding," said Racing Writer Brough Scott. A computer chart showed that a horse had a better chance of winning with Cauthen aboard than with any other jockey, including the legendary Lester Piggott. Piggott...
Other entrepreneurs thrive on challenges that can daunt larger firms. Few industries have shrunk more in recent years than American shoe manufacturing, which has seen imports walk off with much of its business. Yet the Timberland shoe company (1983 sales: $60 million), based in the rural hamlet of Newmarket, N.H., has weathered the foreign onslaught and added 900 workers over the past five years. "We benefited from the lack of imagination of some of the other old shoe companies around here," says Herman Swartz, president of the family-owned concern. Fully one-quarter of Timberland's sales have come...