Word: breech
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Dates: during 1940-1949
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...sacred rivers join-the muddy Ganges, the blue Jumna, and the Saraswati, which, according to Hindu legend, wells up from underground. At the Triveni Sangam (Meeting of the Three Rivers) last week, a tumultuous tent city had grown up, peopled by 3,000,000 Hindus. By thousands of fires, breech-clouted sadhus (holy men) chanted Vedic hymns. Around the clock a clangor of raucous songs mingled with hymns, flutes with elephant bells, caterwauls with the keening of sacred recitations. The millions had come for the religious festival of Ardh Kumbh Mela, to revel and to bathe where the sacred rivers...
Straighten a Muddle. When Ernest R. Breech became the executive vice president of Ford in 1946-and began straightening out its muddled accounting system -he looked hard at the tractor deal. The tractors, said he, were costing Ford more to make than Ferguson paid for them. So Breech ended the contract, as of June 30. Ernie Breech also had a personal interest in tractors. Henry II had lured high-priced men like Breech into the company by giving them stock in a new farm-equipment company, the Dearborn Motors Corp. Thus the personal fortunes of the top Ford officials depended...
...years, the Ford Motor Co. has by tradition been closemouthed about its profits & losses. Last week, before the Jefferson City, Mo. Chamber of Commerce, Ford's executive vice president, Ernest Robert Breech, broke with tradition. He announced that Ford's loss for the first nine months of 1946 was a whopping $51,600,000 (if this figure still stands at year's end, tax rebates would cut this down to $32,900,000). Reasons: wage increases, shortages, suppliers' strikes...
Like everything else he got, Ernie Breech earned his reputation. As a boy, he earned the right to play after-school baseball by rimming wagon wheels at his father's blacksmith shop in Lebanon, Mo. Later he earned his way through college...
...Breech began work for General Motors' subsidiary, Yellow Truck, as comptroller, moved up fast. In 1933, he became board chairman of North American Aviation, eventually landed in a G.M. vice presidential chair. In 1942, G.M.'s brown-haired boy was elected president of Bendix, controlled by G.M. By taking tough radar and radio contracts that other companies did not want, he pushed Bendix's annual gross up from $40,000,000 to nearly $1 billion. He still found time to play golf, fly his own plane, and pitch hay on his ten-acre farm near Detroit. With...