Word: yachted
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Just about the only competitor who stayefl out of the argument was Texan Williim T. Waggoner, representing the Seattle Yacht Club. When the last heat started, he thought he had the race in the bag. His Maverick was not doing well, but his Shanty I was running in front. Suddenly it belched to a crawl-out of the race with a broken supercharger. Heir to a $300 million cattle-and-oil fortune, Bill Waggoner had suddenly run out of the one element of hydroplane racing that is not for sale: luck. "A man has to be a goddamn fool...
...fading light of a hot summer day last week, Adlai Stevenson and a few friends left the Chicago Yacht Club, got into a taxi, and headed back to his living quarters at the Sheraton-Blackstone Hotel. Three days before, Harry Truman had struck. Stevenson was still crowding his hours with visits and visitors, handshakes, receptions, whisperings, conferences. Yet the crucial matters of the moment now seemed strangely suspended, like a mural of some bygone battle posted on a restaurant wall. It was a lovely yacht club, Stevenson mused; the new terrace was a perfect place for outdoor entertaining. Had anybody...
...Gamal Abdel Nasser affected to be confident, but he could not bring off an appearance of indifference. TIME Correspondent John Mecklin, in a private interview, found him tense and unusually subdued, in his bare little office in the building beside the Nile that ex-King Farouk built as his yacht house. Dictator Nasser seemed more concerned about the threat of economic sanctions than of armed invasion. His right knee jiggled constantly as he talked...
...Parisians pack their race horses and head for a 1,000-year-old village on the Normandy coast, 120 miles away. In old Deauville (pop. 5,438) they unpack their purses at three luxury hotels, two race tracks, six nightclubs, a pair of golf courses, 24 tennis courts, a yacht basin, theater, music hall, polo field, clay-pigeon shoot and one of Europe's busiest and most sumptuous casinos. Says a French social commentator: "Deauville is to Paris what Pompeii was to Rome...
...mink-trimmed whatnots are only the smallest part of the luxury market. To U.S. economists, the amazing fact about the new luxury market is the broadening and democratization of both the market and the luxuries themselves. Gone are the days when luxury meant a private railroad car, a steam yacht, a Newport château. From an emphasis on the ostentatious things that go with ceremony, luxury has focused on the convenient gadgets that make life easy for the many...