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Cordell Hull, 73, who quit his $15,000-a-year job as Secretary of State because of ill health, landed on another Government payroll. As long as he was working for the Government, ex-Captain Hull of the 4th Tennessee Volunteer Infantry (which saw service as a pacification force in Cuba) had declined to accept his over-age-65 pension. But after his resignation, Hull applied, now receives his $75 a month along with almost 130,000 other Spanish-American War veterans...
Oilman Frank Phillips watched with dismay while federal taxes and Oklahoma state levies ate deeper & deeper into his $50,000-a-year salary as board chairman of Phillips Petroleum Co. Finally the salary (a minor item of the Phillips income, anyhow) seemed to vanish altogether...
Last week, Al Lyon, at 59, got ready to move into the biggest selling job of his life, the $100,000-a-year presidency of Philip Morris & Co., Ltd., Inc. But he has little to sell. He cracked: "I take over April Fools...
...they heard the decision, a year ago, the Jesuits who run St. Louis U. happily got busy. In a building formerly used by an undertaker, they set up the Sever Institute of Geophysical Technology, named a dean, planned to install $200,000 worth of equipment, scheduled an $85,000-a-year maintenance budget, and announced themselves ready to accept 180 students of geophysics in the fall. Their curriculum, they declared, would eventually compare favorably with M.I.T.'s. But within a month, St. Louis' Washington University, one of the original claimants, upset this optimistic schedule by a demand...
Henry Morgenthau Jr., who keeps track of the mountain-sized U.S. debt, was introduced in St. Louis to E. E. Pershall, a Missouri lumberman, who claimed that he was one of the U.S.'s minor creditors. "I worked three months as a $1-a-year man in the Treasury," he said, "and I was never paid." The Secretary of the Treasury promptly handed over a quarter...