Word: tiring
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Dates: during 1950-1959
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Exit Dunlop. While Scotland's John Dunlop first thought of putting his pneumatic tires on bicycles, it took an Irishman to gaze into the spinning wheels and see a fortune. Dublin Paper Merchant Harvey Du Cros, father of three famed bicycle racers, needed only to see his sons beaten by a man on Dunlop tires before he set to work. He promptly organized a tire company, persuaded Dunlop to join him, and with classic forethought predicted in his prospectus: "The pneumatic tyre will be almost indispensable for ladies and persons with delicate nerves...
Enter Macintosh. At the dawn of the auto age, the company started its own rubber plantations in Malaya, bought textile mills to guarantee supplies of tire fabrics. But Dunlop expanded too fast, was caught in 1921's commodity collapse with a disastrously big inventory of rubber. The Du Cros regime was ousted. In went Sir Eric Geddes and Sir George Beharrell, a brilliant management team...
...Tire Fall of a Titan has already transformed ex-Comrade Gouzenko into a capitalist: in addition to the juicy income assured by the Book-of-the-Month arrangement, Gouzenko a fortnight ago got the nice bourgeois sum of $100,000 for screen rights to the book...
Deep in his heart, every art collector yearns to pick up a painting for a few dollars, dust it off and discover it is really a long-lost old master. For one collector, the wish has come true. In Johannesburg, Businessman (tire-recapping) Maurice Hirsch poked around at a local auction sale and bought for $375 a painting he thought "looked good." Local collectors were doubtful, but Hirsch sent detail photographs of the painting to Belgian Historian Leo van Puyvelde. The verdict: Van Puyvelde had examined that very painting before in 1937. It is, he wrote, L'Erection...
MIDGET Crosley cars, which went out of production in 1952, will soon be produced in Israel for the European market. General Tire & Rubber Co., which bought control of Crosley, has made a deal to give Crosley's equipment to Israel's Abena Investment & Development Co. in exchange for a half-interest in the Israeli company. Machinery will be moved from Marion, Ind. to Tel Aviv. Abena will use cheap (about $3 a day) labor to turn...