Word: co
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Dates: during 1950-1959
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This group-"the establishment"-runs the Commonwealth, and the people seem perfectly willing that it should do so. But not in the U.S. Says Co-Editor Irving Kristol of Encounter: "The Americans don't respect the intellectual the way he is respected in Britain. But then, they don't respect anyone, not even Charlie Wilson. The English, on the other hand, are a deferential society, as Bagehot said. They'll defer to dukes or earls or anyone with the right tie round his neck. So they defer to the intellectual because he has generally got the right...
...once did a $1 billion business in China, was safely in Hong Kong with a tale of seven years of subtle commercial torture. His name: Charles S. Miner, 49, manager of a big auto, newspaper, real-estate and insurance business in China for Manhattan's C. V.Starr and Co. His company's losses totaled nearly $5,000,000 before the Reds were satisfied. Said Miner: "Our companies were wrung dry like dishrags until we had lost everything...
MIDWEST INVASION will be started by Standard Oil Co. (N.J.), first time world's biggest oil company has moved outside Eastern marketing area since an abortive attempt in the 1930s. First step will be purchase through stock exchange of Wisconsin's independent Pate Oil Co., operators of 140 filling stations in Milwaukee area with annual business of $12 million. Gas will not be sold under Esso label...
...moldy objects I wouldn't feed to a goat." Businessman Leverone got sore enough to go to work to teach the vending-machine business a lesson in honesty-and see if it would not also prove profitable. With $60,000 he founded Chicago's Automatic Canteen Co. Last week Automatic Canteen, unchallenged leader of a booming $1.7 billion industry, counted record sales of more than $51 million in the first six months of its fiscal year, with profits topping $1.1 million...
Promotion & Profit. If any Western company could have hidden Red China's tiger successfully, it was C. V. Starr and Co., which directs a network of worldwide (69 nations) insurance companies. Its chairman is Cornelius V. Starr, an old China hand and more recently a U.S. skiing fan. (He has turned Stowe, Vt. into one of the top U.S. ski resorts.) Starting in China in 1919, Starr's group built its American-Asiatic Underwriters into Asia's biggest insurance operation, with more than half of China's total business; it accumulated large real-estate holdings, opened...