Word: starting
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Dates: during 1950-1959
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...together out of the salaries and savings of two modestly paid Government officials. (Osborne, 43, is now an economist in the Bureau of the Budget in Washington; Victor, 37, is still in Tokyo as top U.S. Information Service radio-TV man.) The Hauges got off to a flying start with the whirlwind of inflation that swept the Japanese yen from 15 all the way to 360 to the dollar. At the same time the Hauges were reaping a paper harvest of yen, Japanese families, hit with postwar taxes, were living an "onionskin existence," peeling off long-treasured art works...
...continually critical as old Alfieri himself, Maserati's present owner, Adolfo Orsi, refuses to be satisfied, even with success. He got off to a fast start with one of last season's six-cylinder Grand Prix racers, which World Champion Juan Fangio drove to victory in the Argentine Grand Prix at Buenos Aires last month, setting a track record in the bargain. And Motorman Orsi is already tooling up a new twelve-cylinder racer...
...challenge the new Maserati. But even the finest racing machine in the world would be nothing without the finest drivers. Maserati, fortunately, has the two best men in the business: Argentina's Juan Manuel Fangio and England's Stirling Moss. At 46, Fangio, who got his start as a Buenos Aires bus driver, is a four-time world champion. Under the benevolent sponsorship of Dictator Juan Peron he parlayed his home-town popularity into a wealthy G.M. distributorship in Buenos Aires. He has continued to do well as a driver abroad. At the wheel of a racing...
...reason to be disappointed with a salary at least as good as last year's: a reported $100,000. "But I will be disappointed if I don't drive in 100 runs, hit 20 or 30 homers and hit .330 or .340. As you get older, you start realizing there isn't a whole lot of things you know better than baseball...
...boom-and-bust warnings of Secretary of the Treasury Humphrey and ex-President Hoover (see NATIONAL AFFAIRS) helped start a selling wave that sent the Dow-Jones industrial average tumbling 7.23 points (to 469.96) for the widest single-day break in eight months. The market rallied Wednesday, until a selling surge was set off by President Eisenhower's warning that the Government might have to impose wage and price controls. By that time not even Secretary of Commerce Weeks's prompt assurance that no controls were planned was enough to stop the downtrend. Next day the market dropped...