Word: hustler
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Dates: during 1950-1959
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...With Boeing's B-52 jet bombers now in production (TIME, July 19), the old B-36s have seen their day, will gradually be retired to a secondary role by S.A.C. Now Convair is busily at work on its own all-jet bomber, the XB-58 Hustler. The secret new plane will be a heavy, multi-engined jet with delta wings and a bomb bay big enough for H-bombs. Designed as the first truly supersonic U.S. bomber, the Hustler's maiden flight is scheduled for early...
Early Years: Earl Warren was born March 19, 1891, in a five-room frame house on Los Angeles' dingy Turner Street, grew up in the "railroad section" of Bakersfield. He earned his spending money as a newsboy, a railroad callboy, a freight hustler, a farm hand and a cub reporter on the Bakersfield Californian. At Bakersfield's Kern County High School, he played clarinet in the school band and outfield on the baseball team. At the University of California, he was full of fun but not of diligence. He was a popular member of the Gun Club, which...
THRUSTON BALLARD MORTON, 45, to be an Assistant Secretary of State. Tall, husky (6 ft. 2 in., 184 Ibs.), and a youthful-looking hustler, Morton is a seventh-generation Kentuckian from Louisville, a Yaleman (class of '29), and formerly head of his family's flour mill firm, Ballard & Ballard, which was bought out by Pillsbury Mills in 1951. In World War II he served with the Navy, a lieutenant commander on minesweepers and destroyers in the Pacific. He has had three postwar terms as a Republican Congressman, is an outspoken internationalist, led the pro-Eisenhower forces in Kentucky...
...boss and chief stockholder of Schenley Industries, Inc., Lewis Solon Rosenstiel built a $438 million empire and a reputation in the liquor trade as a confident hustler. During Prohibition, while distillers were folding up, Rosenstiel, then a whisky broker, bet his money on Repeal ; he bought up all the whisky he could lay his hands on. Result: the year after Repeal, his new Schenley company had sales of $40 million...
Cause for Concern. Recently, Hustler Rosenstiel has tripped a few times. When other brands came back on the market in volume, Three Feathers sales slumped about 90%; last year the brand did not even place in the top 25. When grape prices skidded five years ago, Rosenstiel dropped close" to $14 million by buying at the wrong time. And when penicillin prices cracked recently, he took another beating. Rosenstiel miscalculated on another score: figuring that the public would turn back to straight whiskies after the war, he plugged his straights (I. W. Harper, Ancient Age, Old Charter) more than...