Word: riches
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1940
Sort By: most recent first
(reverse)
...Canterbury's 25th birthday dinner in Manhattan last week went rich and famous men: retired Steelman James A. Farrell and Railroader Henry Havemeyer, trustees of the school; 100-odd old boys, among them Philip Burnham, editor of the Catholic weekly Commonweal. Too busy to attend was old Canterburian Robert Sweeney of the American Eagle Squadron, training as air fighters in England. In jail in Italy was George Ehret, '29, accused of fooling around with Italian currency (TIME, Nov. 25). Classmates were not surprised, recalled that George once catapulted a butterball to the dining-room ceiling under...
...attracted all the top-notch U. S. stables, most of their top-notch thoroughbreds. Santa Anita's opening, on the Saturday after Christmas, has become as red-letter a date on the U. S. racing calendar as the opening of Belmont, Pimlico or Saratoga. Santa Anita, despite its rich purses, has not had the winter field to itself. Florida's Hialeah Park, with its $50,000 Widener Cup race, gets many of the East's best horses. This week, when Santa Anita opens its seventh season, for the first time it will face competition from a track...
...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. It smiled on men who still wanted to get rich...
...Hjalmar Schacht of the U. S. Revolution was brought to Washington by Herbert Hoover. He was a Texas businessman who had almost gone broke in Depression. By 1940 he was rich again, and the Revolution had made him Secretary of Commerce and Federal Loan Administrator. Business thought of Jesse Jones as its friend at court, the Old Deal's borer from within the New. Tactful and unobtrusive, Jesse Jones did not act like a revolutionary. He did not set up any industrial TVAs; he merely "took what the banks left over." By Dec. 1, 1940 he had made commitments...
...smaller fry who make up most of the industry were not production-minded. Rich, pink-cheeked Bomber Builder Reuben Fleet of Consolidated Aircraft, sensing the uncomfortable pressure of his biggest customer (the Navy) complained of the "risky margin" of 2¼% at which he might be forced to make planes. Having got some new plant as a gift from the British, many planemakers wanted a similar gift from the U. S. By year's end, U. S. aircraft was in an obvious mess. This month little Republic Aviation laid off 50 men because it could not get parts. Deliveries...