Word: banyan
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Dates: during 1940-1949
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Crusading Plan. Such famine hazards were exactly what was on the mind of Sir John Boyd Orr, banyan-browed Scottish nutritionist and food crusader. To the United Nations Food and Agriculture Organization (FAO), of which he is director general, he was about to submit a plan which would free farming from gambling, he hoped. FAO, now only an advisory body, should enter the operating field, create a central financial system for buying any nation's surplus crops; it would eventually control production, fix prices, do away with the up-&-down cycles...
...standing in a clump of banyan trees and I didn't recognize him at first. He was wearing a big pith helmet and I hadn't calculated on his having a red beard. He stepped out on the road and said, 'Hi, John,' and I said, 'What say, Al,'-a little more excitedly than we would when we met in the corridors of the TIME & LIFE Building in New York...
Today, having got rid of some of its financial oddments like Checker Cab, ATCO owns majority control of New York Shipbuilding Co., the largest single interest (28.5%) in sick Auburn Automobile Co. It also spreads through the flying business like the branches of a banyan tree. This is because of its working (29.7%) control of Aviation Corp., which in turn owns outright a third-layer subsidiary, Aviation Manufacturing Co. AMCO owns Stinson (military and commercial planes), Lycoming (engines) and 60% stock control of Vultee (military planes). Furthermore, its parent Aviation Corp. owns potential working control of American Airlines, through...