Word: building
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Dates: during 1950-1959
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Until a few weeks ago. the energetic West Germans had hoped to get in on the construction of Nasser's beloved Aswan Dam by offering him $50 million to help build it. Then Bonn for the first time learned about a vital clause in Nasser's December agreement with Moscow. The Russians had demanded and apparently got a veto over all contracts for the first section of the project-building a cofferdam, dividing the Nile around the site, etc. Asked Izvestia sweetly: "Do they [the West Germans] wish to make commitments on the second section...
...that he had composed himself. He garlanded them with flowers, after first pointing out that never before had a Nizam so bedecked a bride and groom, and in a burst of generosity made a cash grant of $21 a month to two local orphanages. The Nizam also promised to build the couple a palace next to his own, and settled on them a trust fund of undisclosed size-something he did not do for any of the five other begum daughters he has married...
...tools toward this project is the X-15 rocket-plane, which will meet its first tests in a month or so. It is designed to start its flights in the atmosphere, then shoot out of it to a probable height of 150 miles. Its descent on stubby wings will build experience for controlled returns from deeper space...
Later, he got Eaton a position in a utility company. Eaton learned the business so fast that he was able to build a power plant in Canada a few years later. By mergers and purchases, he shortly controlled a utilities complex in which $2 billion was invested. By 1925 he was so rich that when he decided to refinance a small steelmaker called Trumbull Steel Co., he could say: "Gentlemen, if you have any doubt about my ability to underwrite the financing, just call the Cleveland Trust Co. and ask whether my check for $20 million will be honored." Five...
...purchase of 235,000 Loew's shares by a group led by Nathan Cummings, chairman of Consolidated Foods Corp. Cummings, a friend of management, strengthened Loew's President Joseph Vogel, threatened with a proxy fight by stockholders opposing his plan to sell Loew's theaters, build up M-G-M as a moviemaker...