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...imports from England. But there were some who suspected that automobiles and inflated prices were spoiling the old place. "They're killing the golden goose," growled an old U.S. visitor. "It costs us 150% more to live here than at home." A warning came from H. J. ("Jack") Tucker, manager of the Bank of Bermuda: "Tourists don't need to come here." Some Bermudians had bought West Indies real estate to the south, with a view to clearing out before the bust. But for the time being, with more & more tourists ready to pay fancy prices, the Bermuda...

Author: /time Magazine | Title: BERMUDA: Plucking the Goose | 4/4/1949 | See Source »

...Symphony (Sat. 6:30 p.m., NBC and NBC-TV). Toscanini presents Acts I & II of Aïda, with Herva Nelli and Richard Tucker...

Author: /time Magazine | Title: Radio: Program Preview, Mar. 28, 1949 | 3/28/1949 | See Source »

...Chicago's Federal Court last week, Preston Tucker's company and his rear-engined "car of tomorrow" looked like the one-hoss shay. If not bankrupt, the company seemed only a bumper's length away. The court appointed two trustees in reorganization to operate the business for the next 60 days, then submit a plan for reorganization along with a report on the "desirability of continuance...

Author: /time Magazine | Title: AUTOS: End of Tucker? | 3/14/1949 | See Source »

...Tucker was excluded from any further say in corporate affairs. The cash on hand was $32,000, about half of which was due on payrolls, and bills. Except for equipment, that was all that remained of the $25 million Tucker had raised...

Author: /time Magazine | Title: AUTOS: End of Tucker? | 3/14/1949 | See Source »

...after their appointment, the trustees had a look at the rented Tucker plant. It looked bare as Mother Hubbard's cupboard: no workable assembly line, no jigs for mass production, no body presses. There were a few modern die presses and foundry equipment, and a snappy paint shop. In what Tucker called the "machine shop and main assembly plant," only a portable crane was visible...

Author: /time Magazine | Title: AUTOS: End of Tucker? | 3/14/1949 | See Source »

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