Word: multimillion
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Dates: during 1940-1949
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Inflation. Richard Neison Wishbone Harris, 32, who expanded a $5,000 investment into the multimillion-dollar Toni (home permanent wave) Co. in seven years (TIME, Aug. 18), sold out to Gillette Safety Razor Co. Harris, who will continue as Toni's president, will get $20,000,000, with a first down payment of $11.5 million in cash...
...routine story went out on the A.P. wire from Buenos Aires, where Peronistas are out to get rid of Argentina's two biggest dailies by annoying them to death (TIME, March 31). The sum of A.P.'s dispatch was that the Government had sued to collect multimillion-dollar duties on newsprint that oppositionist La Prensa and La Nación had imported over the last nine years. (By law, newsprint for "cultural publications" is duty-free.) In Bogotá, Colombia, El Tiempo picked up the dispatch and ran a thundering editorial calling on the press of the hemisphere...
...then he got interested in Alleghany. Young needed more cash than he wanted to risk himself, so he wrote a letter to an associate, Allan P. Kirby, the shy heir to a multimillion-dollar fortune made by his father in the F. W. Woolworth Co. Young told Kirby that he had a good proposition lined up, and Kirby came through with $3,000,000. The obliging Mr. Kirby, now president of Alleghany Corp., has been the financial angel in many of Young's deals ever since. It is actually Kirby's holdings, some 550,000 shares of Alleghany...
...states with multimillion populations made remarkably equal sacrifices. New York lost 31,215 in the Army (or 23.2 men per 10,000 of population, against a national average of 23.4). Pennsylvania lost 26,554 (26.8 per 10,000); Illinois, 18,061 (22.9); and Texas-which many Texans thought had suffered more heavily...
Amber got kicked out of bed. After 38 days of exposure (at $10,000 a day), the multimillion-dollar boudoir epic looked like a bust to Darryl Zanuck, who decided to throw it all away and try again, later. Blonde little Peggy Cummins, British actress who had been chosen to play the lead, was apparently out of a job. But she got another. After all that buildup as a Restoration pillow-fighter she was suddenly transferred to Bob, Son of Battle-something wholesome about a sheep...