Word: backed
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Dates: during 1930-1939
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...mind while he was accumulating his chain of 240 stores, Mr. Kress did not need much help. It was about 25 years ago that he first started making large-scale purchases. Every summer he took time off to visit European spas and ferret the art centres. Always he came back with some important token, which he personally hung on the already crowded walls of his rambling duplex penthouse on upper Fifth Avenue. Unmarried, he called his pictures his "children...
...tough guy," Paul Smith skipped through high school in Pescadero, Calif., at 14 set out to rub against the world. He jumped a harvest train, spent some time in the wheat fields of Saskatchewan, rode freight trains east to Ontario for gold, found none, jumped another freight back, worked in British Columbia logging camps (where friendly lumberjacks organized a bodyguard to protect him from those who resented his slickness), prospected in the Mojave Desert (where all he got was sunstroke), shoveled coal in Utah and Pennsylvania, bummed. Once, arriving in Eugene, Ore. with 5?, he talked local businessmen into backing...
Paul Smith wanted to get into newspaper work, so he went back to San Francisco and began writing a financial column for the Chronicle. Then, deciding he needed more education, he borrowed $500 and went to Europe. In January 1933 the financial editor of the Chronicle died and Wonderboy Smith got a cable to come home and take the job. When Herbert Hoover tried to hire him away in 1935, he was made executive editor. In October 1937 he became general manager, with only one boss, Cementman George Cameron, who married the founder's eldest daughter...
...union replied with a suggestion that Editor Smith print the facts or mind his own business. Editor Smith countered with the announcement that "the Chronicle makes it its business to stick its nose into any so-called private row which affects the broad public interest." The union snapped back: "That being the case, we ask you to serve as mediator." Paul Smith did, and settled the strike...
...finds it convenient to appear liberal. But nobody denies that he has gone far in his 30 years and promises to go much farther. Twelve years ago he bummed his way across the toll bridge between Vancouver, Wash, and Portland, told the bridge keeper: "I'll come back some day in my Cadillac and pay you that nickel." Last week he crossed the bridge again and lamented: "Here I am in my Cadillac and I find the bridge is free...