Word: coyness
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Dates: during 1940-1949
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Like the corner saloon and professional wrestling in the old days, the seven-member Federal Communications Commission had long been a man's affair. But last week it, too, succumbed. Beamed FCC Chairman Wayne Coy: "We've had rectitude, fortitude, and solemnitude, but never before pulchritude." Thereupon pulchritudinous Frieda Hennock, successful Manhattan lawyer and active Democrat, was sworn in as the 24th commissioner in FCC's 14 years...
Publisher Crum was still coy about his backers. Marshall Field, he explained, will keep only a 25% interest in the Star. Together, Crum & Barnes will hold 33 ⅓%. In the next fortnight they will select, from offers of $3,000,000 in working capital, the $1,500,000 they want...
...that money into a new $2.2 million Chicago branch which he sold to Prudential Insurance Co. of America, and leased back. Another $800,000 was spent transforming Boston's historic old Natural History Museum into another Bonwit Teller branch. In Cleveland, he has leased a downtown building (Lindner Coy's) for a new store next year, bought a site in mushrooming Houston to build another $1.3 million store. In between times, he leased three small Manhattan stores and opened his new subsidiary: Anson-Jones Co. It sells only women's dresses, at one price...
Last week it seemed that "citizens' radios" (walkie-talkies for everybody) were just around the corner. Chairman Wayne Coy announced that one type had been approved by the Federal Communications
Since FCC is not in the business of selling or publicizing radio sets, Chairman Coy did not go into any details. But radiomen predicted that the "tranceivers" (transmitters-plus-receivers) will have a range of one to two miles in cities, five to ten miles in open country. They will be tunable (with a screwdriver) to several frequencies, which will reduce interference somewhat. If many are sold (and the industry has great hopes), it will be a great day for the peeping Toms of radio...