Word: bankers
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Dates: during 1960-1969
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...another, explains his father, "Bus is extremely patriotic. He's no flag waver, but keeping the Cup here is very important to him." Finally, the Intrepid syndicate, managed by Philadelphia Banker William Strawbridge, offered him a chance to collaborate from the start with Architect Olin Stephens on the design of the yacht. Bus agreed, and eight models, 35 modifications, 18 months of tank tests and $750,000 later, Intrepid slid down the ways at City Island, N.Y., last April-the shortest (at 64 ft.), homeliest, most radical and most expensive 12-meter yacht ever built...
...anguished outcry of industry and the Conservative minority, the new man is an astonishing-but shrewd-choice. He is an Etonian, a Tory and a peer-Julian Edward Alfred Mond, 42, third Baron Melchett, grandson of Alfred Mond, founder of Imperial Chemical Industries Ltd., and a successful merchant banker and gentleman farmer in his own right. Thus, in case of fiasco, Labor will always be able to blame a Tory. "It's quite a fascinating thing," he said softly, "to be asked to do something as large and as complicated for one's own country...
GILP, its critics argued, placed the student who needed a loan at the mercy of his banker. Even though the government would guarantee the loan, no lending institution would be required to participate, and there was fear that the new plan might seriously victimize Negroes in the South. Furthermore, restrictive monetary practices by the federal government could also have a substantial effect on the national money market -- and therefore the student's chances for obtaining a loan...
...exterminator worried about state regulation of his trade. A banker wanted more state deposits. A trucker complained about the weights and measures system at highway truck stations. One by one, the Arkansans recited their problems to their Governor, who met them privately, took notes, offered explanations. Incessantly mopping his broad face in the summer heat, Winthrop Rockefeller for four weeks has been roaming his adopted state, from the northeast, where the Ozark foothills blend into the Mississippi River flatlands, to the southwest plains, where watermelon is king. Last week he toured the Central Valley, a region studded with pulp...
Some individuals learned to live with anti-Semitic snobbery, others out-snobbed the snobs. Banker August Belmont, born Schonberg, desperately wanted membership in Manhattan's exclusive, all-Gentile Union Club. So in 1848 he crossed the line and married Caroline Slidell Perry, daughter of the commodore. He got his membership. In more recent years, there was a good deal of studied superiority directed by the "old" Jewish arrivals toward the newer immigrants. In 1950, a granddaughter of Felix Warburg, the legendary bon vivant, yachtsman, polo player, art collector and philanthropist, married Robert W. Sarnoff; in some quarters, the groom...