Word: buy
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Dates: during 1960-1960
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...date on the U.S. . . . We are dealing with a highly sophisticated people, and it's time we got rid of our folk-image of the American as a boob from Hicksville with a cigar in his face, a camera round his neck, and a roll of dollars to buy culture with...
...Motors Corp., announced last week that he was "lighting the candle" for his second crusade. (His first: the compact car.) The new crusade, he declared at a New York press conference, is a "progress-sharing plan to aid the neglected consumer." As of Dec. 1 through March, customers who buy American Motors cars will get rebates of U.S. Savings Bonds if sales increase enough over the year-ago levels...
...pitch-and-putt golf course, lawn bowling, shuffleboard, roof garden, sun deck and an infirmary offering 24-hr, medical service. What sets Rockledge apart from other hotel projects is that it is designed to house only retired people-at a profit. Prices will start at $8,000 to buy a living room-bedroom apartment, plus a $112.50-per-person monthly charge for meals and maintenance. The builders of Rockledge are so enthusiastic about the vast new market to house the elderly that they plan to spend another $87.5 million to build similar projects in 14 other states...
...West Coast. Young Lawrence had learned metalworking on vacations in his father's shop, had rushed through the University of Southern California, the California bar exams and Harvard Business School by the time he was 22. In 1946 he cut loose from the family circle to buy a war-surplus aluminum-extrusion plant in Torrance, Calif. He soon persuaded the rest of the family to go along, and the Harvey Machine Co.'s equipment was sold at public auction to finance refurbishing of the Torrance plant...
...assuring a steady flow of raw aluminum for its fabricating plant. In 1955 that problem was solved when the Government, which wanted to increase aluminum capacity outside the Big Three, guaranteed a $40 million bank loan to Harvey. To assure Harvey a market, the Government also agreed to buy up to 54,000 tons a year for five years, beginning in 1959, of Harvey's primary aluminum output for U.S. strategic stockpiles. Since the reduction plant's capacity is only 60,000 tons a year, this was a healthy demand-cushion for Harvey. In 1959 the company asked...