Word: clay
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Dates: during 1950-1959
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...give up "status"-and the satisfaction of each one having done something himself. So, in one sense, all of the industrial advancements only make my work more necessary—building confidence in the latent abilities of each of my students. Now my students make the very soup bowl (out of clay, glazed and fired) into which they will pour heated frozen soup. And thus the cycle is still completed. HAL RIEGGER Clearwater...
professional soldiers who have won star-studded reputations in the postwar business world, the out standing example is General Lucius DuBignon Clay, the compact (5 ft. 9 in., 170 tbs.), hard-driving chairman and chief executive of Continental Can Co. West Pointer ('18) Clay, 62, carried out one of the biggest logistical jobs in history as director of materiel in the Army Service Forces in World War II. After war's end, as commander in chief of U.S. forces in Europe and Military Governor of the U.S. Zone, he directed the reordering and rebuilding of a major segment...
...price of settlement, Continental Can- and rival American Can- will raise prices. But for Old Strategist Clay, that is only withdrawing to a well-prepared position. Continental has made two price cuts, totaling 3%, in the last year, will have to restore only 1½% to meet the price hikes. "On the whole," says Clay, "prices will still be below the level of early...
...LUCIUS CLAY does not rest on his fame or his contacts (Continental has little Government business) to earn his $150,000 yearly salary. "Does he run the company?" asks a Continental executive. "I'll say he does. Not just 100% - about 106%." Clay has a photographic memory that enables him to keep track of minute details, often confounds others with his knowledge. He is a relentlessly driving executive who needs little sleep, maintains iron discipline, is never wholly satisfied with the performance of his subordinates (all of whom address him as "general"). Says an old friend: "He is still...
Last week, as his latest shipment of sheep was okayed by federal inspectors, U.S. sheep raisers called for quotas, higher tariffs, or anything else that would stop the shipments. Said rival California Rancher Clay Broadbent: "Either we stop the Australian sheep-or regulate the flow of them-or it will mean the end of the American sheep industry...