Word: cracking
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Dates: during 1940-1949
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...Times of Madison, Wis., likes tough, independent reporters who are not afraid to talk back to him. Reporter Cedric Parker, 42, had measured up to the boss's standard almost too well. In his 21 years on Evjue's staff, Parker had earned a reputation as a crack reporter by such stunts as storming into tough gambling joints one jump ahead of raiding policemen. Reckless, hard-drinking Reporter Parker had also earned a left-wing reputation as a local C.I.O. official who had faithfully followed the Communist Party line...
When Davenport goes into Barron's this week, its present editor, George Shea, crack corporation analyst, will become financial editor of the Wall Street Journal. The two will work closely together. Davenport would like to see Barron's slowly become a more influential journal of political and economic opinion, but is mum about specific changes. Says he: "There's no magic in this business. It'll come out in the doing...
...Books. Over the years, the self-perpetuating board of trustees of the University of Chicago has grown accustomed to wincing every time Robert Hutchins opens his mouth (he once suggested that all universities be burned down every 25 years lest they get into a rut). But he is a crack administrator who has seen $86 million raised for his university, and who seems as much at ease with Chicago's great budget (almost $39 million) as with its great books...
...British had devalued the pound without even consulting them (TIME, Sept. 26 et seq.). They accused the U.S. of granting Britain the privileges of a specially favored nation, at the expense of Western Europe's unity. Hoffman tried to deflect some of this resentment. He was taking a crack at the British when he called upon the governments to give exporters "direct incentives." Said Hoffman: "Practically all Europe's exports are furnished by private producers. Governments may set targets ; they may exhort; but unless sales in dollar markets bring adequate rewards to sellers, the great effort required...
Despite his shyness, he is a crack salesman who throws no artistic tantrums. Far from turning out designs with offhand sureness, he works them over painstakingly until the client is satisfied. He also has an almost hypnotic power to impress, persuade and convince the toughest tycoon. Even the American Tobacco Co.'s late George Washington Hill, who used to frighten advertising men out of their wits, wilted under Loewy's gentle suasion. He paid him the whopping fee of $50,000 just for designing a new white package for Lucky Strike in 1942 ("Lucky Strike green has gone...