Word: run
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Dates: during 1960-1969
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Hoppe may seem overly critical of society, yet he remains an optimist. As he looks ahead, he predicts that by 1976 the welfare state will have met most human needs through "medicare, denticare, judicare, menticare and ped-icare." And then Actor Rock Hunter will run for the presidency by advocating "the greatest welfare program of them all." From coast to coast, Hunter will thunder: "Do you realize that two-thirds of our nation goes to bed each night ill-content, underloved and alone?" Hunter's answer: "Sexicare...
...Lockheed could suffer enormous losses if Congress forces a cutback in orders. So far, the company has firm orders for 81 of the C-5A's. Even if the full 120-plane run is completed, Lockheed stands to lose $285 million, according to Air Force estimates made public last week. Those estimates purposely tend to downplay the suspicions raised by C-5A foes, who had suggested that the Pentagon and Lockheed had been conspiring to ensure that the company came out of the contract with an ample profit. In any case, Lockheed disagrees with the Air Force loss figures...
Haulers are demanding ever larger ships, and builders have to meet the orders so that competitors will not run away with them. Since 1968, the oil companies have put into service twelve ships of 200,000 tons or more-called "oilbergs"-and they have 170 more on order in yards from Bilbao to Yokohama. Last week California Standard contracted for a pair of 260,000-tonners from Japan's Mitsubishi. Britain's Scott Lithgow group two weeks ago landed its first order for an oilberg, a 250,000-tonner to be constructed for Anglo Norness, a Bermuda-based...
...technological quirks, the cost of a 200,000-tonner cannot be arrived at simply by doubling everything involved in turning out a 100,000-tonner. Germany's Howaldtswerke was seven months late in delivering the 191,000-ton Esso Malaysia because it sagged so badly on the trial run that it had to be reinforced with an extra 500 tons of steel. Sir John Hunter, chairman of Britain's Swan Hunter, concedes that "some of our costing estimates are still largely hopes...
Toward a Million. The oil companies want bigger tankers because huge capacity makes it economical for their ships to bypass the blocked Suez Canal and lumber around the Cape of Good Hope to Europe or the Americas. The transport costs run to about 400 per bbl. in a 200,000-d.w.t. ship, compared with 520 in a 70,000-tonner. Each big ship can save a company about $1,000,000 a year in hauling costs...