Word: businessmen
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Dates: during 1950-1959
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...grown so long that today the Santas-in-pin-stripes spend something like $1 billion on yuletide cheer: $300 million for liquor, the rest for a stockingful of loot ranging from $2.50 puddings to $2,500 pianos. The giving is not necessarily due to an excess of Christmas spirit; businessmen simply think that they must. As Denver Radio Station Owner Gene Amole says: "Giving business Christmas presents is like drinking at lunch. Nobody wants to, but everyone's scared not to." Now at last, the tide is turning. The company Christmas present, like the office party...
...Force Secretary (1947-50), he has spoken up determinedly for stronger national defense. Organized labor rates him as one of twelve Senators with a "perfect" voting record; yet. as the onetime board chairman of St. Louis' Emerson Electric Manufacturing Co., Symington is viewed benignly by businessmen. His close personal and political friends range from Convair Vice President Tom Lanphier to the Electrical Workers' President Jim Carey. He has stood consistently with the Senate's liberal civil rights bloc; yet he has somehow managed to keep in the good graces of the South...
Last week the geisha trade suffered yet another blow. With the government beginning to look into the once-secret and tax-exempt expense accounts that businessmen used for geisha parties, 20 of Japan's leading firms issued an ultimatum to their employees: no more parties, except for gullible foreigners. "Japan," says one oldtime patron of the Sumida houses, "is the land of the vanishing geisha. In the end they will wind up as purely tourist attractions-like the Navajo Indians." The plain fact is that the stylized coquetry of the classic geisha is no longer fashionable. "Frankly," said...
...apostle of U.S. private enterprise, Kansas Oilman Bill Graham has ranged far afield with cash and encouragement for budding businessmen (TIME, Dec. 23). He has backed furniture makers in Greece, cement contractors in Lebanon, nylon manufacturers in India. This week Bill Graham was looking right in his own backyard for business ideas to encourage. Onto a statewide TV hookup from Wichita's KAKE-TV went the first of twelve TV programs called Opportunity Knocks that will award up to $75,000 in financial backing to the best home-grown ideas for small business...
Produced by Graham's Private Enterprise, Inc. and sponsored by Ford Motor Co., the show will hear from three contestants a week for three weeks, pick three of them for a fourth program where the winner will get backing up to $25,000. As with small businessmen it has backed abroad, Graham's P.E.I, will split profits fifty-fifty with the winners until they are ready to buy out its share. Graham has already received nearly 300 applications touting everything from a futuristic garage to a fancy vanity tray, is having applicants screened by Wichita's Fourth...