Word: making
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Dates: during 1940-1940
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...fans booed and whistled. Joe Louis recently agreed to defend his championship once a month-against second-raters like Red Burman, Gus Dorazio, Tony Novak, Abe Simon. If the rest of this series of fights-cooked up by his co-managers, John Roxborough, Julian Black, and Promoter Mike Jacobs-make Louis look as mediocre as he did in Boston, they may not work out badly for Messrs. Roxborough and Black. They had scheduled Louis for an outdoor fight with Billy Conn next June. If by that time people think the champ is slipping, they may get a big gate then...
...Manufacturers gathered for its annual Congress in Manhattan, its outgoing president, Henning W. Prentis Jr., of Armstrong Cork, bespoke the general uncertainty when he asked the Government to define the businessman's new role. A few at that Congress already understood that the best deal they could make with the Revolution was as men of skill and money, not of power. They sensed that their role in it was simply to make money-hard, sterile money, but money to which the world's only remnants of freedom were still attached. The Revolution frowned on challenges to its power...
Rubber could no longer be taken for granted in 1940. Standard Oil and Goodrich built plants to make synthetic rubber (which is no trick) and to make it cheaply and in tonnage (which is). Meanwhile, among hundreds of unsung corporate pioneers, Champion Paper & Fibre made newsprint from Southern pine, and Dow Chemical extracted magnesium from the sea water that laps Freeport, Tex. What may yet prove the year's most useful discovery was less romantic: at South Bend, Studebaker was testing out a turret-lathe that could turn one shell a minute...
...President in 1944. If businessmen were unlucky to have the avowed New Dealers as enemies, they were not much luckier to have the New Deal's Schacht as a friend. He saved Business from the courts in order to put it to work for the Government. He helped make the Revolution respectable-more like evolution than it might have been...
...took the $125,000,000 British Rolls-Royce order that Henry Ford turned down. In November, Ford himself, who had earlier talked of 1,000 planes a day, took a $122,000,000 order for Pratt & Whitney Double Wasps. His engineers went to Hartford to find out how to make them...