Word: tractioned
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Dates: during 1960-1969
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...auto dealer would recognize them now. They all mounted mammoth, supercharged power plants-a 650-h.p. Chrysler engine in a 1932 Ford (standard h.p.: 60), a 545-h.p. Chevrolet engine in a Volkswagen (standard h.p.: 45). Front-engine cars had their engines moved back on the frames to increase traction; useless headlights, bumpers, fenders, fans and fan belts were removed to lighten weight. Gear and axle ratios were changed for more "dig," and bodies were "channeled" or cut down to lower the center of gravity. Such rebuilding is costly ($1,500 to $10,000), but the results are spectacular: speeds...
Then out of the sky hurtled a French air force F-84F jet fighter. It sliced in two the cableway's traction line, losing a wing tank in the glancing blow, then soared out of the valley. The severed cable cracked like a whip. Three of the cars tumbled 500 ft. to earth, killing all six of their passengers. "They fell like ornaments from a Christmas tree," said one shaken observer. In the remaining cars, 81 other passengers dangled helpless in space. Mountain guides worked their way close enough to rope some of the passengers to safety. It took...
...fight, which began in 1948, is a classic example of the way March has built his financial empire. The holding company of the Catalonian utilities had been The Barcelona Traction, Light & Power Co., Ltd., a Canadian corporation that was in turn controlled by Sofina. Eager to take over the utilities, March persuaded Franco to ban the export of their profits to Barcelona Traction's Canadian headquarters. Cut off from its sources of revenue, Barcelona Traction could not pay the interest on its outstanding bonds, most of which were held outside Spain. They tumbled in value, were quickly snapped...
March then pressured Franco's courts to declare Barcelona Traction bankrupt. Since Barcelona Traction held all of the Catalonian utilities common stock in Canada, the courts ordered "duplicate" shares printed in Spain, auctioned off the counterfeit shares to the highest bidder-who was, of course, Juan March. Control of the multimillion-dollar empire thus passed to March for only $900,000. Sofina, left with a paper corporation, fought the case through the courts, spent more than $3,000,000 on legal fees. Even if Sofina wins a whopping settlement (prospect: $13 million to $16 million) March has a bargain...
Nixon checked into Walter Reed's presidential suite (carefully paying the $34-a-day rental out of his own pocket) for a fortnight of treatment. His left leg was put in traction to keep the knee immobilized, and he was soon responding to injections of penicillin and erythromycin...