Word: ageing
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Dates: during 1940-1949
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...build a home for 23-year-old ex-Marine Robert William Hoelzle, who lost the use of his legs when he was hit by a Japanese bullet on Okinawa. It was just like an old-fashioned house-raising bee, except that it took place in the age of the assembly line and the publicity...
...Luther Error. Theologian Niebuhr says that Historian Arnold Toynbee's monumental effort to discover the pattern of history "belongs to one of the most impressive intellectual ventures of our age." But he does not hold with Toynbee's daring hypothesis that religion may be advancing onward & upward with the rise & fall of civilizations (TIME, April...
...Inland Steel Co.'s President Wilfred Sykes had guided Inland to the biggest sales ($395 million in 1948) and biggest profits ($38.6 million) in its history, had made it the seventh biggest U.S. producer. But Sykes had also established a rule for automatic retirement at age 65. This week, 65-year-old Wilfred Sykes stepped upstairs to become chairman of the executive committee. He turned over the presidency to his assistant, Clarence Belden Randall, 58. A Harvard-trained lawyer who this week also became head of the Harvard Alumni Association, Randall was named a vice president...
Room at the Top. Chicago management consultants Booz, Allen & Hamilton queried 65 corporations, found that U.S. executives are now seven years older (average age: 54) than their 1929 counterparts. Other findings: average age of corporation presidents is 59 today v. 53 in 1929; senior officers now average 55, compared with 48 in 1929; junior officers average 52, compared with 46. The firm's conclusion: replacements, which were slowed down by the war, will probably be rapid in the next five to ten years...
Reform Ticket. In Williba, Ky., Democratic Candidate Clennie Hollon, campaigning for State Representative, promised voters he would 1) make it illegal for a cattle dealer to misrepresent the age of a cow by more than three years; 2) put a dollar limit on all poker bets; 3) give children the authority to send their parents to school...