Word: chinn
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Dates: during 1960-1969
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HARVEY N. CHINN...
...third week, the seven-union walkout led by the Newspaper Guild against the morning Advertiser and afternoon Star-Bulletin, Hawaii's only two island-wide dailies, has become a contest of wills between hardheaded Financier Chinn Ho, who dominates both papers, and Jack Hall, the tough boss of militant unionism in the islands. At first the unions wanted an across-the-board pay raise of $10 a week. The publishers offered a sliding scale downward from $3.50. The gap narrowed to the point where there was only $2.75 separating their positions. But negotiations broke down, and the strike...
Nothing to Lose. From the start, both Chinn Ho and the cautious Yankee management of the Boston-based Sheraton chain were a bit put off by the elusiveness of the would-be purchasers. Publicly, the combine was represented by tough-talking Honolulu Real Estate Woman Ann Felzer...
...this was, the combine's offer was just too good to reject. For its five Waikiki hotels, Sheraton was to get $34.5 million-$10.5 million more than they had cost the chain-and a contract to keep on operating them. Chinn Ho stood to do almost as well: besides $10.2 million in cash, he was promised contracts to develop the land he was selling. Said Ho: "We had no alternative but to accept-and nothing to lose." The Good of the Service. Deadline date for the big deal...
...erstwhile business associates found it hard to be so forgiving. While Pro-Regent Carson (who turned out to be a 19-year-old Van Nuys, Calif., printer) lamented the $2,000-a-month salary he had been promised, Mrs. Felzer fretted over the $10,000 she had paid Chinn Ho as a binder on the big deal. Said Wheeler-Dealer Ho wonderingly: "It's like a fairy story." Echoed Sheraton's Henderson: "An Arabian Nights tale. I have thought of 20 different explanations for all this, but they are all too fantastic for belief." The only unfazed veteran...