Word: tools
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Dates: during 1950-1959
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...technique to wide practical use at Montefiore Hospital in The Bronx. Last week he reported at a meeting of the New York Tuberculosis and Health Association that on 1,200 serum samples from 950 patients the test was 92.3% accurate. "This test," said he, "gives the doctors a new tool. It should not be thought of as a test to displace the X ray or any other standard method...
...bought a derrick, got an ancient, 3,000-ft. East Texas drilling rig and a leaking secondhand boiler and boldly set out to sink a 6,000-ft. hole in Hardin County. He drafted his father as a tool pusher, his younger brother William as a laborer. It was agonizing toil. Sand ruined the rubber rings in his pumps every half hour; each time, he dismantled the mechanism and installed new ones. The "coffee pot" rig broke down endlessly. He says: "We might as well have been drilling with a high-heeled boot." It took six months to sink...
...summed it up: "Too many eggs in one basket." With 40-50% of its total income coming from refrigerator sales, Amana feared that it might go broke if the bottom dropped out of the refrigerator market. And the expense of keeping up with high-powered competition ($300,000 to tool up for a new line) seemed like too much of a gamble to frugal German farmers...