GHOSTHUNTER wrote:I am guessing it performs some sort of hopping action. MADE IN JAPAN shown next to the logo, but where else would you want
You are indeed correct Ghosty, they do hop. There is a small suction cup on the underside, this sticks the bug down when pressed onto a smooth hard surface, pre-loading the spring legs. Then after awhile the suction cup lets go and the things fly into the air. Bet they were a lot of fun. It seems the original design can be traced back to the Thomas Toy Co. where they were known as Jerryhoppers. Marx Toys, copied the design in the early 1950's, called them Eisenhoppers and sent a whole batch off to the President - apparently President Eisenhower enjoyed using them to break the tension at meetings.
Full article here
http://www.marxmuseum.com/home/eisenhoppers.html
I imagine the Made in Japan versions came along later during the 1960s, as you mention.
zBret