Word: newporter
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Dates: during 1970-1979
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Nash came into his metier after a spotty early career. Born in Rye, N.Y., into a family with a pre-Revolutionary pedigree, he attended St. George's School in Newport, R.I., and then became "a quarterbred Harvard alumnus"-he dropped out after freshman year. He returned to teach briefly at St. George's, where, he said, "I lost my entire nervous system carving lamb for a table of 14-year-olds." He tried selling bonds in New York; later there was a job writing streetcar advertising, which led him to the advertising department of the publishers Doubleday, Doran...
...Newport Beach, Calif...
Herbert Stein, a member of Nixon's Council of Economic Advisers, stressed in Newport Beach, Calif., the importance of keeping wage settlements at a reasonable level. The inflationary General Motors pact underscored that need (see BUSINESS). Then the Administration announced that it would investigate an increase in crude-oil prices scheduled by Gulf and Atlantic Richfield. The inquiry, together with Stein's statement, seemed to be at least a token move toward direct Government pressure to check wage and price rises...
...When Intrepid scored her easy victory over Valiant in the U.S. trials a month ago, it was generally conceded that she had all but clinched the Cup. In 20 previous attempts, few challengers had even come close to wresting the trophy from America, and the preliminaries off Newport gave no indication that this year's races would break any precedents. The Aussies, scuttled in their 1962 and 1967 bids for the Cup, arrived late in Newport and looked unimpressive in their victory over the hapless France. Just a week before meeting Intrepid, Skipper Jim Hardy and Designer Alan Payne...
When Intrepid scored her startling victory over Valiant in last month's America's Cup trials, the least surprised man in Newport was Britton Chance Jr., the young naval architect who had taken the old 1967 Cup winner and redesigned her into the 1970 Cup defender. To Chance's mind, the outcome was decided last winter in a test tank in Hoboken, N.J. There, like some bathtub admiral, he spent four months testing 75 different model hulls until "I felt we had a winning design for Intrepid.'" Chance was sure of it when...