Word: tycooning
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First. Prime Minister Raymond Poincare of France announced at Paris that Tycoon Owen D. Young had accepted a joint Allied and German invitation to sit on the new Committee of Experts as one of two U. S. members. This meant that the revised Dawes Plan will probably go down in history as the Young Plan. Among those who might object would not be Vice President Charles Gates Dawes. Just and modest, General Dawes has already said (TIME, Dec. 20, 1926) that the original Dawes Plan was largely the work of one of his colleagues on the Reparations Commission, none other...
Throughout the U. S. smart citizens and radio listeners know that Tycoon Young is Chairman of General Electric Co. and Chairman of Radio Corp. of America. Out on the farm in Van Hornesville, N. Y., where he was born, and where he now raises prize cattle, rustics know Mr. Young as a tall, deliberate, loosely built man of 54 who was once a lazy plowboy.* Gaffers recall how his father had to borrow the $1,000 which helped Owen to an education, world potency, historic fame...
...four years Mr. Gilbert, a quiet, courteous, red-haired graduate of Rutgers, has been making the Dawes Plan work. Unquestionably his present report, with its searching analysis of Germany's capacity to continue her huge Reparations payments, will form the chief basis of fad upon which Tycoon Young and the Committee of Experts will base their decisions in revising the Dawes Plan...
Naturally the "Most American of Frenchmen" kept as mum about his plans, last week, as did a typical U. S. tycoon. (See INTERNATIONAL.) Interviewed, he admitted only that during the holidays he had kept up his golf.? To questions about "The Program of Realization" he curtly and characteristically replied, without attempting humor or evasion, "Rien, maintenant, messieurs!" (Nothing to say, at present, gentlemen...
Married. Rosabelle Laemmle, daughter of Cinema Tycoon Carl Laemmle (Universal); and one Stanley Bergermann; in Beverly Hills, Calif...