Word: armour
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...little practice teaching in actual classrooms. Ticking off these familiar failings this week, the Ford Foundation's President Henry Heald, sometime (1952-56) chancellor of New York University and an old teacher himself (during the '30s he was a professor of civil engineering at Chicago's Armour Institute of Technology), announced an impressive new foundation gift aimed at achieving "a breakthrough in teacher education.'' The donation: $9,161,210, to be divided among nine colleges and universities...
...offered to the citizen who contributes the best ideas to the festival, so all Britain is abuzz with ludicrous suggestions: "Demands to restore the pillory; to rebuild horse-troughs; proposals that women should wear wimples in August; that the Duke of Edinburgh should open a Joust in full armour." Around Lord Illius himself clot applauding yes men, tame academics and cultural parasites, all out to dazzle the bored and lonely multitude...
Though initial transportation costs are often much higher than rail or truck, the savings in time, warehousing, handling, inventory and other costs more than make up the difference in many cases. American turned Armour & Co.'s pharmaceutical division into a regular customer by showing it how to reduce costs $100,000 annually by shipping drugs air freight to a five-state area. For many of the same reasons, Burroughs Corp. has started shipping computers by air and figured a $245.43 net gain on shipping a 1,640-lb. computer from Detroit to Los Angeles...
...Frank R. Armour Jr., 50, was elected president of H. J. Heinz Co., the first non-Heinz to hold the job since the firm started as a horse-radish distributor in 1869. He succeeds H. J. Heinz II, who became chairman of the board. Armour (no kin to Chicago's meat-packing Armours), went to work at Heinz in 1927 as a visitors' guide, held 57 varieties of jobs within the company. He worked in sales and advertising, became general manager of manufacturing in 1946, a vice president in 1949, executive vice president in 1957. Armour will...
...profit was by no means confined to the poor boy who made good; it also blessed many a well-to-do heir apparent. Among those whom service helped equip for heavy jobs waiting back home: Armour's President William Wood Prince (artillery captain), Ford's Vice President Benson Ford (Air Corps captain), IBM Boss Thomas Watson Jr. (Air Corps pilot). While an aircraft-carrier deck officer in three Pacific battles, Indiana's J. Irwin Miller, 49, gained the confidence it took to build the family owned Cummins Engine Co., Inc. into the largest U.S. maker of truck...