Word: oliner
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...against Australia's Dame Pattie will not be picked until the final trials in August. So Mosbacher's mistake might soon be forgotten-were it not for the possibility that the loss could be the only one Intrepid will ever suffer. Skeptics who considered how Architect Olin Stephens could improve his design for Constellation-the boat that beat Eagle in the 1964 U.S. trials, then went on to wipe up Britain's Sovereign in four straight races-got their answer when Intrepid whipped Connie three times in a row by ever bigger margins...
...Eagle's skipper, George Hinman, "that's when we want to be best." Still to be heard from is another challenger: Columbia, the 1958 America's Cup winner, now owned by Californian Pat Dougan and remodeled at a cost of $125,000 last year. According to Olin Stephens, who drew the plans, she is 75% new: a "skeg," or fin, has been added to her bottom to make her stiffer in the water, her stern has been shortened 2 ft. 5 in., her deck has been replaced, and her mast has been stepped aft about...
Designed by Olin Stephens, the man responsible for three of the last four cup winners,* Intrepid is not a particularly graceful-looking boat. With a bobbed bow and a truncated stern, she is only 64 ft. long overall, 45 ft. at the waterline, compared with 68 ft. and 46 ft. for Columbia and Constellation. An obvious advantage is weight; Stephens figures that he saved more than 60 Ibs. on the shorter bow alone. What's more, says Stephens, without the usual heavy fore and aft overhang, the short-ended Intrepid will be less prone to lose speed by hobbyhorsing...
...Olin Mathieson, running counter to a downward trend among chemical companies, had a record 36% rise in earnings for the quarter to $16,600,000. Sales, said President Gordon Grand, were $284 million, or 11% higher than last year, because of "strong contributions from agricultural chemicals, copper-base alloys, Winchester-Western, Olinkraft forest products and from our Squibb division...
Blurted Theory. The blunt candor of the report surprised officials of both NASA and North American. Testifying before Texas Democrat Olin Teague's House Subcommittee on NASA Over sight, North American's top brass seemed defensive and often vague. "In spite of my feeling of deep responsibility for our organization," said Atwood, "I do feel that the responsibility must be widely shared." At one point, North American Vice President John McCarthy quarreled with the board's conclusion that faulty wiring probably caused the fire. Pressed for alternatives, he blurted: "It has been theorized that Grissom could have...