Word: benjamin
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Dates: during 1950-1959
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...Force General Benjamin Wiley Chidlaw, test pilot and engineer who directed development of the first U.S. jets, got another pioneer assignment: create the machines and the organization to defend the U.S. against air attack. Four years later, the nation has a Continental Air Defense Command that is on 24-hour duty from the arctic to New Mexico (TIME, Dec. 20). But it no longer has the benefit of its founder's experience. Last week, at the age of 54, General Chidlaw retired with...
...stake was $1,200,000 of interest accumulated in a trust fund set up 50 years ago by an art-loving Chicago lumber merchant named Benjamin F. Ferguson. Ferguson's intention had seemed clear enough: "The erection and maintenance of enduring statuary and monuments, in whole or in part of stone, granite or bronze in the parks, along the boulevards or in other public places." Chicago's Art Institute got the job of picking appropriate subjects and sites...
...decision: the sculptors had no case. Artists Equity announced that the sculptors would appeal but the Art Institute's Director, Daniel Rich, moved confidently ahead. "We want to build a building," he explained, "a monumental building with bronze sashes and doors, which will be in memory of Benjamin Ferguson...
...Benjamin Fairless, former board chair man of U.S. Steel and newly elected pres ident of the American Iron & Steel Institute, agreed that there is plenty of room for expansion. Every year for the next ten years, said Fairless, 2,000,000 tons should be added to capacity to meet the demands of a growing economy...
...Benjamin Coates, 37, was elected president of W. & J. Sloane, one of the nation's top quality-furniture chains, ousting W.E.S. Griswold Jr. in a family fight against the old management. John Sloane, 72-year-old grandson of the founder, also resigned as board chairman. The changes climaxed a three-year-long family fight over control of the 112-year-old company. Coates, a Philadelphia financier who married John Sloane's daughter in 1944, served on the board of the family firm, finally quit in 1951, convinced that W. & J. Sloane (which operates nine stores, from Beverly Hills...