Word: tycooning
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Without being profound, this remark was perhaps quite as characteristic and quite as adequate as the single sentence which Tycoon Morgan was persuaded to utter in 1924, just after he had granted a credit of $100,000,000 to stabilize the tottering French franc. Said he then- and could he wisely have said more?-: "France has taken the necessary steps to stabilize the situation in the face of all contingencies...
...Chairman of General Electric Co. and Radio Corp. of America, proved unable or unwilling to duplicate the blooded, Bourbon rôle of aloofness played, last week, by the "last of the J. P. Morgans." As one who had had a leading part in drafting the original Dawes Plan, Tycoon Young began to show pique when Dr. Schacht neared the climax of his argument as to why Germany must not pay all she owes. A passing reference made by Berlin's Iron Man to the fact that Germany has met all her Dawes payments thus far, caused Mr. Young...
This time it was about Tycoon Edward Stephen Harkness, whose recent gift of $13,000,000 has made possible at Harvard an adaptation of the Oxford "inner, college" idea (TIME, Jan. 7). Sneered the Lampoon: "Now that Harkness has shelled a sufficient number of berries we have got to put on our glad rags and make him an A. M. or a LL. D., the way we did Baker [Tycoon George Fisher Baker built Harvard's Business School in 1924, was given a kudo Ph. D.]. Becoming a Ph. D. is the same kind of business as getting yourself created...
Married. John William Mackay, employe and son of Telegraph Tycoon Clarence Hungerford Mackay; and Josephine Gwendolyn Rose, Manhattan socialite, great-granddaughter of William Marcy ("Boss") Tweed, famed Tammany ringmaster; in Westbury...
...contiguity of Tycoon Penney and President-Elect Hoover, who chose the Penney mansion at Miami for his pre-inaugural retreat, added an emphasis to the Cannon award. It was perhaps circumstantial, perhaps significant, that a close and potent friend of Mr. Hoover's should regard Dry fervor as religious service...