Timelines – March 1913, 1938, 1963 & 1988

May 4, 2014 – 01:53 am

Once again, Graeme Rice looks back on the motoring worlds of 100, 75, 50 and 25 years ago

March 1913

Peugeot were the first to fit their GP cars with single nut wheels with ears on the nuts so they could be knocked off quickly with a hammer – ‘knock–on’ or ‘knock–off’ hubcaps. For 1913 the Peugeot Grand Prix engine had been reduced from 7.6-litres to 5655cc but still retained the advanced features of the 1912 engine, four valves per cylinder actuated by gear–driven twin overhead camshafts, developing 85kW (115bhp). Even with such a small engine – in comparison to some of the monsters that were still racing – the Peugeot was able to get to 160km/h plus.

The first completed Morris Oxford was sold to Gordon Stewart of Stewart & Arden on the 28th of March. Another 390 Oxfords would be sold by the end of the year. In spite of this success William Morris was already aware that a short chassis layout capable of carrying just two people was always going to restrict his market.

An astounding selection of secondhand cars were being auctioned by Skeates & White in Auckland this month. Some of the makes are ones we have never heard of, and we can only assume the writer of the advertisement did his best. Straightforward enough was the 15hp Ford car, a two-seater four–cylinder which was said to be as good as new. For something exotic there was a choice of four Darracqs, a new, 1913 16hp five–seater with overhead valves and worm drive, a 1912 20hp model which had only been in use for nine months, and another 1912 14hp, five seater model just 11 months old and with detachable rear seats. Finally, for just £500 one could have a two/four–seater 10-12hp model which had travelled about 2000miles.

Source: Classic cars

CIA Executive Director “Buzzy” Krongard

2002-02-24 19:49:21 by sept11th

CIA Executive Director “Buzzy” Krongard managed firm that handled “PUT” options on United Airline Stock
Although uniformly ignored by the mainstream U.S. media, there is abundant and clear evidence that a number of transactions in financial markets indicated specific (criminal) foreknowledge of the September 11 attacks on the World Trade Center and the Pentagon. In the case of at least one of these trades -- which has left a $2.5 million prize unclaimed -- the firm used to place the “put options” on United Airlines stock was, until 1998, managed by the man who is now in the number three Executive Director position at the Central Intelligence Agency.
Until 1997 A.B. “Buzzy” Krongard had been Chairman of the investment bank A.B. Brown. A.B. Brown was acquired by Banker’s...

The communist manifesto

2001-07-22 20:20:32 by inevitable

A spectre is haunting Europe -- the spectre of communism. All the powers of old Europe have entered into a holy alliance to exorcise this spectre: Pope and Tsar, Metternich and Guizot, French Radicals and German police-spies.
Where is the party in opposition that has not been decried as communistic by its opponents in power? Where is the opposition that has not hurled back the branding reproach of communism, against the more advanced opposition parties, as well as against its reactionary adversaries?
Two things result from this fact:
I. Communism is already acknowledged by all European powers to be itself a power.
II. It is high time that Communists should openly, in the face of the whole world, publish their views, their aims, their tendencies, and meet this...

Investment advice

2002-02-10 00:07:53 by dont

The residual effects of the Enron (ENE) debacle are slowly, but surely, beginning to PERMEATE the investment landscape. In many instances it is hard to know whether the secondary problems are critically severe, or just a case of paranoid investors overreacting to ghosts. In 1997, ENE was a rather ordinary gas distribution company trading at $20/share. In the 1998-2000 period, the stock rocketed to nearly $85/share, because of celebrious views about their on-line commodity trading capabilities, an 18,000-mile fiber-optic cable and ultimately, the perceived 'rewards' from the California electricity crisis. Management gradually succumbed to the temptation to artificially inflate earnings with artful 'financial engineering' techniques and, all the while, they piled up debt and preferred...

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