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...campaign. Hall loudly proclaimed his admiration for President Eisenhower, but he hammered hard at the deal which forced Eisenhower's Republican National Chairman Wesley Roberts, a protege of Senator Carlson, to resign under fire (TIME, March 30, 1953 et seq.) in a scandal involving the sale of a tuberculosis hospital...
...spite of the fact that the tax-exempf foundations were denied their day in court, they have nevertheless put up a strong defense against the mishmash of charges made before the Reece committee (TIME, June 21 et seq.). Both the Carnegie and the Ford Foundations have submitted sworn statements. Last week, on behalf of the Rockefeller Foundation and the General Education Board, President Dean Rusk sent in his. Among the "bizarre innuendoes" he chose to refute...
...another big operator. In the collision, Zeckendorf's feet went skidding out from under. Zeckendorf's opponent: Conrad Hilton, who in about a dozen years has risen from an obscure Southwestern innkeeper to a position as the world's biggest hotelman (TIME, Dec. 12, 1949 et seq.). The prize was the Statler hotel chain (eight hotels, two more abuilding in Dallas and Hartford, Conn.), which Hilton snapped away from Zeckendorf in history's biggest hotel deal. Price: $78 million...
Montgomery Ward's terrible-tempered Chairman Sewell L. Avery has had plenty of practice severing high-level employees from his payroll, including 32 vice presidents since 1931 (TIME, May 6, 1940 et seq.). Last week it was Sewell A very that was axed-as president of Cadillac-Soo Lumber Co., of Sault Sainte Marie, Mich. Cadillac-Soo Lumber was formed in 1923 out of three small companies, one owned by Avery and his brother. In 1946 Avery became president of the closely held corporation (with annual sales of about...
Sixteen months ago (TIME, April 27, 1953 et seq.), Grunewald pleaded guilty to a contempt of Congress charge (based on his earlier refusal to answer questions), paid a maximum fine of $1,000 but beat a 90-day jail rap. On the new indictment, the name-dropping, high-flying Dutchman, a frisky sexagenarian, faces possible prison time...