Word: tiredly
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Dates: during 1950-1959
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...PICTURES, originally bought by General Tire & Rubber Co.'s Teleradio subsidiary for its film backlog (TIME, Aug. 1), will swing back into full operation as a major moviemaker. After virtually shutting down under Industrialist Howard Hughes, RKO will start off with a $22.5 million budget for eleven films (among them: Cash McCall, A Farewell to Arms, The Syndicate) in the first six months of 1956 alone...
...election year it is perhaps unrealistic to ask a Congressional committee to frame constructive legislation. Yet the country may at least hope that the Joint Committee investigating the alleged fraud of the Al Serena Mines will eventually tire of exchanging the traditional partisan accusations of "smear" and "collusion." Perhaps it could then consider legislation of long-range concern for all Americans. The Committee might determine just why public land laws must continue to undermine the Forest Service's conservation program by allowing "mining companies"--real or contrived--to devastate our forest heartlands...
Groundwork for the coup was laid six months ago, when Teleradio (subsidiary of General Tire & Rubber Co.) paid Industrialist Howard Hughes $25 million for RKO Radio Pictures and RKO's well-stocked film library (TIME, Aug. 1, 1955). In December, O'Neil got back more than half the investment by selling television and foreign rights on 740 feature-length movies, almost all RKO owns, and some 1,000 short films to Manhattan's C&C Super Corp. C&C paid $12.2 million in cash and agreed to pay $3,000,000 more over the next two years...
FIRST SYNTHETIC RUBBER plant to be privately financed since the war will be built by El Paso Natural Gas Co. (TIME, Dec. 5) and General Tire & Rubber Co. In its first venture into the chemical industry, El Paso will feed natural gasoline, butane and propane into a $30 million plant at Odessa, Texas, and General Tire will convert the materials into synthetic rubber...
...tooled up for the famous front-wheel-drive Citroën. But it was too late: Citroën owed too much. One day in 1934, a creditor came calling who could not be turned away with fine language and fine wines. Pierre Michelin, tycoon of Michelin Tire Co., France's largest tiremakers, who had bought up an estimated 63% of Citroën's stock, told André Citroën: "Monsieur, you have nothing more to do here." Citroën lost the company, the Eiffel Tower lights winked out, and six months later Citro...