Word: makers
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Dates: during 1950-1959
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Defense policy in America is made by civilians, and yet, he said, not one government policy maker has had any academic training in the field, and few have acquired the necessary knowledge elsewhere...
...that should actually have gone to Textron. Little settled the suit by paying $600,000 back to Textron. A year ago, he lowered his head at the thickest stone wall of his career: he started a fight to 1) take over money-losing American Woolen Co., the largest U.S. maker of woolens and worsteds, and 2) merge it with Textron...
...moving to four newer mills (TIME, July 5), and is planning to buy a fifth to make new cotton and synthetic rugs. After a $27 million loss since 1950, it expects to be back in the black by July. Last week Bigelow-Sanford Carpet Co., biggest U.S. carpet maker, was closing down its century-old carpet mill at Amsterdam, N.Y. to consolidate production at Thompson ville, Conn., put more emphasis on the new synthetic and cotton fibers. Bigelow-Sanford reported that its 1954 sales were down 7%, its profits off by a staggering 97%, to only $108,000 last year...
...Flame-Maker. A new cigarette lighter that flames when its filament is exposed to air has been put on the market by Chicago's Murphy Reier, Inc. The secret is a chemical contained in the 2-in.-long cartridge that burns when it mixes with oxygen. Price...
...winning. The beauty in college basketball is that an underdog team, without any phenomenal shooters, can throw up a zone, or a pressing man-to-man defense, and upset some undefeated power. Half the excitement of a game would be lost if some 5-8 play maker could not freeze the ball for two minutes, dribbling by the lunging, desperate opposition. You don't need 100 points to win a game--even though the pros may think...