Word: businessman
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Dates: during 1940-1949
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...Manhattan Businessman Alfred Kohlberg, director of the American Bureau for Medical Aid to China, flatly contradicted Leland Stowe's third point. Mr. Kohlberg made a trip to China last summer, checked on arrivals of medical aid at Red Cross headquarters at Kweiyang. "At the time I was there," said he last week, "everything had arrived intact and checked to the dot with the detailed lists forwarded from New York...
...businessman deserved to be Man of 1941, he might perhaps be Henry Ford, the oldtime enemy of war who in 1941 turned the processes of mass production which he himself fathered to the service of the nation, and became one of the great plane builders of the U.S. (see p. 56). But Ford is only one of many-a striking example because of his past pacifism-who have helped to turn U.S. ingenuity to a new weight in the balance of world affairs...
Other recent additions to the language, from the Washington scene: The "Milk Route" is the daily round of visits a businessman makes trying to get a defense order, to 0PM, SPAB, OPA, ODT, War, Navy, Treasury and Agriculture Departments. A "Torch Bearer" is a sympathetic Government subordinate who actually takes up a case and follows it through...
Money. In 1940 Washington split Business' money-power atom, taking the power but leaving business free to make money. In 1941 Business made plenty of money (even, to its surprise, after taxes). But for the individual businessman the money, thanks to the personal income tax, began to lose its value...
...first man to propose publicly that this emphasis be reversed was not a businessman, but a labor leader. Walter Reuther, youthful vice president of U.A.W., is the kind of labor leader Westbrook Pegler has yet to dope out. He was seriously concerned about two things: 1) Hitler, 2) the fact than when the U.S. ran short of materials, it would cost his autoworkers jobs. As early as December 1940 he proposed to beat Hitler and secure the jobs by converting auto plants to the mass production of planes...