Word: cottons
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Tradition Shattered. Most of Burnet Maybank's ancestors were low-country planters. Senator Maybank's father was a Charleston physician, and Maybank grew up in a stately colonial house in Charleston. After World War I, Maybank became a cotton exporter, then a Charleston alderman and mayor. He shattered the modern tradition that low-country aristocrats could not win the votes of up-country farmers; in 27 years of politics he never lost an election, was elected to the Senate three times, and was unopposed for reelection this year...
...Leon Lowenstein, 71, was elected board chairman of Wamsutta Mills of New Bedford, Mass. He remains chairman of M. Lowenstein & Sons, Inc., the big cotton clothmaker, which recently bought control of Wamsutta (TIME, Aug. 30). Joseph Axelrod will stay as president, but Lowenstein and six of his top executives will sit on the ten-man board...
...done up in Gandhi cap and grey cotton waistcoat, his legs wrapped spider-like in white churidhars, India's Jawaharlal Nehru expounded his foreign policy last week before the Upper House of Parliament. "If coexistence is not possible," said he, "then the only alternative is co-destruction." The U.S. proposal for a Southeast Asia Treaty (SEATO) was "likely to change the whole trend towards peace that the Geneva Conference has created . . . Probably in America the crisis of our time is supposed to be Communism v. antiCommunism. The crisis in Asia is colonialism v. anti-colonialism . . . Was the tragic history...
...save his empire from being broken up to pay inheritance taxes. Mrs. Northen, as foundation chairman, and four other trustees-will vote the stock, thereby control the Moody companies. Among them: a chain of 30 hotels, three banks, eleven ranches, two daily newspapers, a commercial printing plant, a cotton company, and the American National Insurance Co., whose assets of $364 million make it the biggest ($3 billion of policies in force) west of the Mississippi River...
...with the company. But Mrs. Northen was even more frugal. Until a few years ago, she had no modern appliances in her home; food was kept in an old-fashioned icebox. She had no radio, and her house was heated by a wood stove. She dressed plainly, wore black cotton stockings. She drove a 1928 Studebaker until her father heard that people were laughing at her and gave her a Cadillac...