Word: chairmanship
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Massachusetts' lean, shrewd Governor Leverett Saltonstall, for whom a 1948 Presidential boomlet has already begun, made an appointment last week likely to win him friends everywhere. To the chairmanship of the State Board of Parole he named Matthew W. Bullock, 63, onetime Dartmouth track and football star, tall, broad of shoulder and coal black...
...plan will be put before the new three-man surplus-property board (TiME, Oct. 2). Washington gossiped that one of the jobs, and the chairmanship, will go to Sam H. Husbands, 53, president of Defense Plant Corp. (RFC Boss Jesse Jones once said Husbands "knows more about banks than any man in the U.S.") Another job is expected to go to James Sheppard, Los Angeles attorney. Lieut. Colonel Joseph P. Woodlock, onetime executive of the Crucible Steel Co., now executive assistant to Will Clayton, is an outside choice for the third job. But Washington also gossiped that the President...
Moonlit Mackerel. When Franklin Roosevelt appointed Fly to the FCC chairmanship in 1939, FCC was a seven-man tangle of bickering members. Its job was to regulate radio, telegraph and telephone communications, but it was not having much success. Radio, as Fly saw it, was a newly rich business which had little idea of its public responsibility. It was, he decided, a "duopoly" dominated by two national networks (NBC and CBS), and Fly set out to break...
Hortense McQuarrie Odium, able board chairman and ex-president of Manhattan's swank women's specialty store, Bonwit Teller, ex-wife of Financier Floyd Odium, resigned her chairmanship. Mrs. Odium (who sent sales up from $3,500,000 to $10,000,000 while president) said: "I am not a business woman...
...passed in Chicago last week. In 1932, the Reconstruction Finance Corp. lent $90,000,000 to Chicago's Central Republic Bank & Trust Co., stirring up a tempest of criticism. The loan was sourly dubbed "a Government gift." The reason: RFC Chairman Charles G. Dawes had resigned his RFC chairmanship to resume the chairmanship of Central Republic only three weeks before the loan was made. The cash helped ease pressure on all Chicago banks; but Central Republic closed its doors. Deposit accounts were transferred to the City National Bank & Trust Co., now chairmaned by Dawes, and assets were liquidated. Last...