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These rims, like the Chicago frames, were among the sturdiest ever built.The parts that say "Schwinn" were made by Schwinn in their enormous Chicago factory (which I had the pleasure of touring in the early '70's).The Chicago Schwinns were among the most bomb-resistant bikes ever built, and they were built with unique technology .With the exception of the Sports Tourer, Super Sport, and Superior, they are welded, not brazed.Schwinn was sold in 1993 to the Scott Sports Group, which retained the Paramount name/trademark but sold off the Waterford factory.
If I recall, it was what Schwinn called a "cantilever" frame, where the seat stays pass by the seat cluster and continue on in a graceful curve to join the bottom of the head tube.Designating the width with a fraction instead of a decimal usually signifies a straight-sided rim, not a hook-edge rim. The most common difficulty is that the Schwinn 26 x 1 3/8 (I. Fast-forward to the 1960-70's, when Italian-made road and track bikes moved in to take over much of the mid- and high-end market. was made president of the company and promptly closed down all of the Paramount operations until they could be brought up to date.After the bike-boom of the early 1970's, Paramount was in a poor state of affairs in regards to competition and advancing technologies. Marc Muller, a young new Schwinn engineer, was given the responsibility to head up the project.Older Schwinn "cruisers", such as the Excelsior that was the inspiration of the first mountain bikes, used a straight lower top tube from the bottom of the head tube to the seat tube.They also manufactured their own rims in the Chicago factory, the "Schwinn Tubular Rim".