Word: johnstons
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Democrats called Charlie Wilson "revolting . . . inhuman . . . brutal." South Carolina's Senator Olin Johnston said he "makes me sick with fear." At week's end, in his first and only speech of the campaign, former President Harry Truman labeled Wilson's words "the attitude of too many big-business spokesmen in the Republican Party." In Buffalo the C.I.O. handed jobless men cans of dog food...
...Franciscans braced themselves last week for the city's first invasion by a major hotel chain, and no native regretted the change more than a shy little lady in her 705. She was Mrs. William B. Johnston, president and majority stockholder of the famed, Victorian-flavored Palace Hotel, which is being taken over by Boston's Sheraton Corp. Said Mrs. Johnston, who was born in the Palace and whose family has owned the hotel all its 79 years: "It's the trend of the times, isn't it? All the great old hotels are going into...
...McAlpin for $9,000,000, its fifth hotel purchase in two months. Now the No. 2 chain in the country, with 32 hotels with room for 24,000 guests, the Sheraton beat No. 1 Operator Conrad Hilton (with 27 hotels sleeping 30,000) to the Palace by offering Mrs. Johnston about $6,500,000, or some $2,000,000 more than Hilton...
...Palace makes a bright pendant on any hotel chain. Opened in 1875 by Mrs. Johnston's grandfather, U.S. Senator William Sharon, who made millions in the Comstock lode and never got over his miner's habit of carrying a pistol, the $5,000,000 Palace was then considered the most luxurious hotel in the world. It had 800 rooms, and the smallest was 16 ft. square. Sarah Bernhardt stayed in an eight-room, suite with her parrot and baby tiger; General Grant came as a Civil War hero, had to mumble speeches when he lost his false teeth...
...Johnston, who has been president of the Palace Hotel Co. since 1939, says it has been a consistent moneymaker. But profits have diminished in recent years, from $227,000 net in 1948 to $66,000 last year. By giving the Palace the benefit of its advertising and guest-referral system, Sheraton thinks it can improve profits without harming its traditions...