Word: hard-rocking
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Good Investments. Born in the British Columbia mining town of Moyie (pop. 225), McMahon started as a hard-rock diamond-driller, drifted to Alberta and formed his own drilling company there before the province's oil play began. He took an option on a promising piece of Alberta land and brought in one of the province's first major oil wells at Leduc in 1947. Since then, he has plowed his oil earnings into a steadily successful search for more oil and gas. His companies now own or control hundreds of wells, hold leases on some...
...railroad at 40? an hour. Later, Crump finished high school in night classes, took a leave of absence in 1926 to earn a railway mechanical-engineering degree at Indiana's Purdue University. He was hired back as a night foreman, advanced through various jobs until his combination of hard-rock experience, engineering skill and business talent paid off with the top vice-presidency...
...atomic-age treasure hunters included old hard-rock miners and rank amateurs; three of them were women. A $5 license fee gave them the right to stake 21 claims of almost 52 acres each. All of them dreamed of claiming an area of radioactive pitchblende, and selling out for a fortune. But the man who struck it rich the first week was a canny storekeeper who sold the dreamers $4,000 worth of food and supplies in a single...
Invalids Assay High. The word spread through the mining country, and so many visitors arrived at the Free Enterprise that they got in the way of the miners who were trying to find out whether its uranium veins were worth working. Wade V. Lewis, an experienced hard-rock miner and president of the company that owns the Free Enterprise, soon discovered that the visiting invalids assayed higher than anything in the mine: every carload was a pay-lode...
Perhaps, as some critics suggested, the budget had been deliberately padded to let the Republicans make some cuts for the record and still let a Democratic administration operate comfortably. But there was a hard-rock basis to many items. Few thought that national defense could be had more cheaply, except by merging the armed forces. The $5 billion for debt service was sacrosanct; so was the loan commitment to Britain; so were nearly all veterans' benefits, tax refunds and pensions...