Word: olin
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Dates: during 1960-1969
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...defender looked so heavy that there was some talk of retiring the 116-year-old Cup, or changing the competition -perhaps to one-design racing, which would test the talents of crews and skippers more than the genius of architects. "That would be ridiculous," insisted Intrepid Architect Olin Stephens. "This business of a country designing and building its own boat has captured the world's imagination...
Small but magnum-loaded, the round is one of the most cantankerous in the history of American small-arms. Since 1964, when the Army was informed that Du Pont could not mass-produce the nitrocellulose-based powder within the specifications demanded by the M16, Olin Mathieson Company has supplied most ammunition for the rifle with a high-performance ball propellant of nitrocellulose and nitroglycerine...
...Known as Olin WC 846, the new powder is capable of firing an M-16 round at the desired 3,300 ft. per sec. and has unexpectedly increased the rifle's automatic rate of fire from about 850 shots a minute to 1,000. The result is that the "little black rifle," as the M-16 is fearfully called by the Viet Cong, tends to jam because the powder leaves behind a dirty residue that clogs the faster-moving automatic parts...
...another, explains his father, "Bus is extremely patriotic. He's no flag waver, but keeping the Cup here is very important to him." Finally, the Intrepid syndicate, managed by Philadelphia Banker William Strawbridge, offered him a chance to collaborate from the start with Architect Olin Stephens on the design of the yacht. Bus agreed, and eight models, 35 modifications, 18 months of tank tests and $750,000 later, Intrepid slid down the ways at City Island, N.Y., last April-the shortest (at 64 ft.), homeliest, most radical and most expensive 12-meter yacht ever built...
...Olin Mathieson...