Word: thrift
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Squeezed by the fast-rising cost of living, U.S. consumers are turning to cheaper models, thrift-type goods and do-it-yourself repairs on their homes and autos. In a sluggish retail market, sales of retread tires, home-barbering kits and sewing machines have lately shown substantial increases. The trend has even affected holiday celebrations. Last week the fastest-moving item in many U.S. liquor outlets was Cold Duck,* a mixture of domestic sparkling burgundy and champagne that generally sells for from $2 to $3 a fifth compared with about $5 for domestic vintage champagne...
...snobbery than Chet Huntley. Deeply -almost lyrically-affected by his childhood in Montana, he is quite simply puzzled and troubled about America. When he was a child in the West, he says, "Our idealisms were be kind to your neighbor. You respected your father and your mother, you exercised thrift and you saved-you saved for a rainy day." Today, "we really don't know ourselves. We haven't had time in the past 60 years to stop and get acquainted with ourselves. Our youngsters have idealisms which are somewhat grander in proportion-namely, the brotherhood...
...artifacts and accouterments of the years between the two World Wars, from jewelry to architectural decoration, are now being rediscovered in much the same fashion that Art Nouveau was a decade or so ago. The Cubist-patterned rugs and lacquered sideboards mother threw out daughter eagerly buys in thrift shops. The tubular lamps and muscular lobby murals that embarrassed board chairmen ten years ago are now sought by youthful cultists and even a few museums. Somewhere along the way, the style acquired a name: Art Deco...
Morgan Memorial, Inc. is a non-profit organization providing jobs and training for 350 handicapped Bostonians. The transportation department picks up old clothes and other donations to be sold at the Goodwill Thrift Stores...
Reared in Birmingham during the Depression, Fitzgerald became thrift-conscious early. Despite his family's modest circumstances, he managed to graduate from the University of Alabama with an industrial engineering degree. Later he formed his own management-consultant firm called Performance Technology Corp. After doing some military contract work, he was hired by the Pentagon in 1965 and given the title of Deputy to the Assistant Secretary of the Air Force for Financial Affairs. Fitzgerald says that he took the $28,000-a-year job in hope of making reforms from within. "I had hoped," he recalls, "that once...