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Star of the show was a postwar newcomer: the Porsche (pronounced Portia), a rear-engined car that looks like an inverted soup spoon. To its 16 models, selling from $2,995 to $6,000, Porsche last week added a new one, the Porsche Carrera, named after the Mexican road race which Porsche has dominated in the small sports-car division. The four-cylinder, 115 h.p. Carrera has a top speed of 125 m.p.h. and a price low enough ($4,297) to compete with the Jaguar and Lancia cars. Since its first Sportwagen was produced just six years ago, Porsche...

Author: /time Magazine | Title: BUSINESS ABROAD: Sportwagen King | 10/17/1955 | See Source »

...years hence, airmen predict, the fast-growing airlines will push out railroads as the No. 1 public means of mass travel. As a result, U.S. civil air policy, as laid down by the Civil Aeronautics Board, is undergoing a radical change. Once CAB nursed along the fledgling industry by spoon-feeding it Government subsidies and holding back competition. Not only is this method now out-of-date; it does not fit an expanding industry. CAB Chairman Ross Rizley feels that the time has come for additional service, lustier competition and new route awards. The question is: How much new competition...

Author: /time Magazine | Title: More Competition Means Cheaper Fares | 10/10/1955 | See Source »

WHEN Louis Armstrong took young Gary Crosby under his trumpeting wing, some Negroes shook their heads, wondered: "With all the promising Negro youngsters who need a musical break, why did the mighty maestro choose, as his protégé, a towhead born with a silver spoon, heir to a golden throat?" When wealthy Mrs. Pearl C. Anderson gifted the Dallas Community Chest Trust Fund with several blocks of downtown property worth over $200,000, more than one brother gasped: "Why give all that wealth to the white folks?" When Michigan's Congressman Charles Diggs Jr. named...

Author: /time Magazine | Title: NEGRO FAVORS FOR WHITE FOLKS | 9/19/1955 | See Source »

...Dragon-class sloop Bluebottle. But they had a fine time anyway. At his home, a converted waterfront warehouse, Uffa presided over the nightly after-dinner festivities that lasted until dawn. At a dinner for the Imperial Poona Yacht Club, he donned a pith helmet and led his cronies in spoon-hammering sea chanties. Said one Cowes pubkeeper: "There's pirates 'round Cowes at regatta time, and Uffa's the worst of the lot." Lusty Uffa Fox certainly has a touch of Kidd and Blackbeard about him-at least in the eyes of landlubbers, whom he has shocked...

Author: /time Magazine | Title: Sport: Renaissance Man | 8/15/1955 | See Source »

...hushed whispers and the shaking of heads went on at a faster pace last week when newspapers throughout the country reported President Pusey's "Attack on business" speech at Brown University. To may, he seemed to be biting the hand that holds the spoon, for business contributions have become the lifeblood of private education. The philanthropist-million-aires who once endowed colleges belong to a bygone age; state aid, with its danger of state control, is unacceptable. Contributions from industry seem to be the only answer to soaring educational costs. But fears that Mr. Pusey was repudiating this aid arise...

Author: NO WRITER ATTRIBUTED | Title: Business and Education | 2/10/1955 | See Source »

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