Word: businessmen
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Dates: during 1950-1959
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Long before businessmen were accepted as fit heroes for novels, TIME and Editor Purtell, a Milwaukee and Detroit newsman before he joined us in 1942. knew that businessmen could be as exciting and interesting as even the most bohemian artists. Once, at a party for a group of artists and musicians, Joe found himself to be the center of attention. Later his wife asked: "What on earth did you talk about that interested them so much?" Purtell grinned...
...Business. It's the old story: artists like to talk about money, businessmen about art." Since Editor Purtell took over BUSINESS (he also edits PRESS), the section has doubled in size to match the public's growing interest in business, which TIME has helped to foster...
...Favoritism to big business . . . Government agencies have been put in the hands of businessmen. The Federal Power Commission includes two men who formerly represented private utilities; the National Labor Relations Board includes two lawyers who formerly represented management in cases before the NLRB as well as a former Taft assistant who helped push the Taft-Hartley law through Congress; the Securities and Exchange Commission includes two former stockbrokers, a former investment banker, and two lawyers whose firms represent major brokerage houses; the Federal Trade Commission's first G.O.P. chairman formerly represented companies in price-discrimination brought...
...slowing -and possible end-to the postwar boom. Though the economy was still strong, business was falling off and the total of jobless was growing, along with uncertainty about the future. In this critical period, "Red" Curtice stood up before 500 of the nation's top businessmen and industrialists and gave his own pronouncement on the future. General Motors, he said, would spend $1 billion to expand its plants for the increase in auto sales to come. Screamed the headlines: G.M. BETS BILLION: NO SLUMP...
...decisions that men saw changing the skylines of the cities, turning poor farm land into prosperous factories (and parking lots), bringing new credit and buying power into backward areas-these were the decisions of American businessmen. (In fact, while the Supreme Court attacked segregation in schools, businessmen attacked it in industry by: 1) raising living standards of Southern Negroes, and 2) teaching whites and Negroes to work side by side in new Southern factories.) All through the year, industry exploded to catch up with the twin demands of the mid-20th century: a rapidly rising standard of living...