From what I've always been told, it started out as a play on how people who aren't from Terre Haute, often mispronounce the city's name. As in "Terra Hut". Even some of the TV commercials for the old CBS/Columbia Record Club would pronounce it that way. It sounded catchier than Haute Hundred, so the name stuck.
Jerry
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A man is about as big as the things that make him angry.
Winston Churchill
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