Word: chinchilla
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...opposed to $600,000 earmarked under the bill for Dictator Rafael Trujillo's Dominican Republic, especially as, at the very same time, Rafael Trujillo Jr. was spending a bit of his $600,000 annual allowance on a $5,500 Mercedes-Benz and a $17,000 chinchilla coat in the U.S. for Cinemagyar Zsa Zsa Gabor (TIME, May 19). Predicted Ohio's Hays, with spade-calling confidence in his congressional immunity: "If he keeps on fooling around with Zsa Zsa Gabor, who apparently is the most expensive courtesan since Madame de Pompadour,* the old man is going to have...
...them. At a Los Angeles foreign-car agency, where he bought a $12,000 Mercedes-Benz to replace his old Cadillac, Ramfis shipped off another $5,500 Mercedes to Zsa Zsa and an $8,500 model to Kim. Later he picked up the tab for a $17,000 chinchilla coat that Zsa Zsa had ordered. Calling himself "one of the wealthiest young men in the world," Ramfis termed the gifts "surprises...
...chinchilla is a cuddly little South American animal that multiplies rapidly (three to six offspring a year). The number of chinchilla raisers has multiplied almost as fast in the last few years. Former G.I.s, clerks and housewives bought the high-priced animals (up to $1,500 a pair) and raised chinchillas in the happy belief that the fur would take over part of the mink market and make them rich...
Last week the boom met its first real test at the first chinchilla auction. Farmers Chinchilla Cooperative of America, which had staged a pre-auction fashion show, put 10,600 pelts up for sale in Manhattan. The first lot sold for $175 a pelt, but prices quickly drifted down to $25, considered the break-even point. When they dropped to $11, the remaining lots were withdrawn. The 2,760 pelts sold were only enough for about 60 jackets...
...coats have never been a social necessity in Cambridge; rather the girls have taken to chinchilla, cashmere and the omni-present camel's hair polo coat. The belted model has been replaced by the classic flare, and no one can tell anymore how much the wearer weighs...