Word: banker
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Dates: during 1960-1969
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...Acheson, ex-World Bank President Eugene Black, Educator James Bryant Conant, ex-Treasury Secretary (under Kennedy and Johnson) C. Douglas Dillon, ex-Defense Secretary (under Eisenhower) Thomas S. Gates, Princeton President Robert F. Goheen, M.I.T. Chairman James R. Killian Jr., ex-Ambassadors John J. McCloy and Robert D. Murphy, Banker David Rockefeller...
Perkin-Elmer's founder and chairman is Richard S. Perkin, 58, whose company has made him a millionaire 25 times over. As a youthful Manhattan investment banker with a passion for amateur astronomy, Perkin and a friend named Charles Elmer in 1938 opened a small shop in a converted Jersey City rathskeller to grind precision lenses, mirrors and prisms for telescopes. When World War II came, the fledgling company suddenly found itself designing the optics for bombsights, aerial cameras, range finders and submarine periscopes...
...more readily from the international treasury. Nations suffering from temporary financial embarrassment, such as Britain, would be able to borrow fairly easily instead of devaluing. The Continental countries, by contributing their own currencies to the new reserve fund, would share in both the rewards and burdens of serving as banker to the world. And the increased supply of reserves would ease the pressure on the dollar because 1) the U.S. could easily borrow the new reserve units when it needed to tide over balance-of-payments debts, and 2) foreign dollar holders could exchange their excess dollars...
...under doctors' orders to reduce his work load (among his other jobs: chairmanship of the S.C.M. Corp., formerly Smith Corona Marchant). Litchfield leaves with the legislature still debating whether to put privately endowed Pitt under state control and with trustees divided as to what he has actually accomplished. Banker Frank Denton brusquely dismissed his plans as "pipe dreams." But Trustee Chairman Gwilym Price, accepting the resignation, wrote Litchfield: "You have done more for the University of Pittsburgh in a decade than most men could have accomplished in half a century...
...price of private schooling comes high. Tuition runs up to $900 a year at the Roman Catholic Convent of the Sacred Heart, attended by Caroline Kennedy and housed in the Fifth Avenue palace built by Banker Otto Kahn. Brearley, academically the top school for girls, charges up to $1,650. Then, of course, there are extras: at Hewitt, riding lessons in Central Park cost $165 a year. The price of midmorning orange juice is $15 a year at Saint David's, where the sons of Negro Jazz Pianist Billy Taylor Jr. and Publisher William Randolph Hearst Jr., learn italic...