Word: allene
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Dates: during 1950-1959
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...election, a big B-29 contract was canceled, and one Wichita plant had to be shut down. The next day, another sweeping cutback hit Seattle as well. New President Allen went home and muttered dazedly to his wife: "My lord, the roof has fallen in." In 60 days, $1.5 billion in contracts were canceled, more that 38,000 workers laid off. Bill Allen remembered the grim joke North American's James H. ("Dutch") Kindelberger once told him on the boom-or-bust character of the industry: "If I stub my toe and fall while running to lay off people...
...Allen's gamble gave Boeing a little breathing period, but the company was still in deep trouble. The planes were expensive to produce (price: $1,500,000), even cost lier to operate. Boeing made only 56 Stratocruisers for civilian customers. Net loss: $15 million. In 1948 more troubles piled up. This time they came from a bitter, 144-day strike by the Aero Mechanics Union at Seattle. Boeing wanted to revise wartime seniority provisions that prevented it from shifting workers and thereby cutting costs. The union said no, and 14,000 men went out. Civic groups in Seattle...
Reaching for Tomorrow. Since those fateful first years, Allen has learned to live with the job. Behind his desk, he is sure of himself, knows what he wants to do and how. At home he is an amiable, storytelling host whose best jokes are on himself, who loves to sit around with old cronies, sipping Scotch and water and bursting out with gusts of staccato laughter. He lives in a handsome, ten-room house north of Seattle, with his wife Mary Ellen Field, their son James, and three daughters, Dorothy, Nancy and Ellen. Allen likes to dance, fish, play squash...
...back in Lolo (pop. 200), Mont., where he was born on Sept. 1, 1900, Bill Allen gave little indication of such single-minded devotion to the job ahead. He is remembered as a tall, stringy "toothpick" youngster. His father, Charles Maurice Allen, was a mining engineer who enjoyed taking Bill and his older brother Edward on long pack trips to live off venison and mountain grouse. At Montana State University Allen barely skinned through. It was not until he went east to Harvard Law School (class of '25) that he decided to work hard for the first time...
...Allen got the job. A year later, in 1926, he drew an assignment to work with a bustling aircraft company on the outskirts of town. Its name: Boeing Airplane...