Word: bosch
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...less than two years, Henry Koerner had become one of the most important and controversial figures in U.S. art* His allegories of postwar Germany and the U.S. had the robust realism of a modern Bruegel and often the satiric bite of Hieronymus Bosch. His colors might range from the muddy to the garish, and his compositions might tend to be needlessly cluttered, but each painting told a story and usually made it stick. Says Koerner: "Telling a thought-out story is the only way, by God, to inject life into this cadaver of modern...
wice in 25 years the Office of Alien Property confiscated the German-owned American Bosch Corp. Once, after World War I, the Germans slyly got it back. Lask week the Government sold the company again, but this time it made sure that no alien would ever again control Bosch. The buyer was Allen & Co., an aggressive Wall Street investment banking house with the reputation of holding on to what it gets...
Snap-Up. Allen & Co. thought that Bosch (fuel injection pumps, automotive equipment) would link up nicely with Brooklyn's Amra Corp. (electronic devices), which Allen bought into in 1946. So Allen got Amra to put up part of the $6,044,748 it took to buy OAP's 77% interest in Bosch, borrowed the rest. With Bosch, Amra got a company that grossed over $19 million last year, a plant in Springfield, Mass, and a bagful of German patents. Allen & Co. also strengthened its foothold in the electric manufacturing field...
Alien Property. For the second time in 30 years, the Government put up for sale a majority interest in American Bosch Corp., maker of ignition and fuel-injection devices. The German-controlled company was first taken over by the U.S. during World War I and later sold. Somehow it got back into German hands. In 1942 the Office of Alien Property Custodian seized 77% (some 535,000) of its outstanding shares as enemy property. This time the stock will be sold, at competitive bidding, to U.S. citizens only. Any shares that get into the hands of aliens will automatically become...
Like most apprentice painters of the period, Bruegel had begun by making a trip to Italy to learn how Madonnas were done. The experience left his Protestant nature cold; he preferred the brawling uncertainties of the North, and the moralizing surrealism of his Flemish forerunner, Hieronymus Bosch (TIME, Sept. 15). Before he died in 1569, Bruegel was to paint a series of complicated masterpieces in oil, but he got his start working from and for the market place, selling his engravings cheap. His horny-handed customers were bound to appreciate pictured proverbs like The Hay Runs After the Horse (symbolizing...