Word: davids
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Dates: during 1950-1959
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Some see the way out of this wilderness in unsponsored subscription TV. But General David Sarnoff, president of RCA, says that the prospect of viewers in three million homes placing dollars in coin boxes to see a program would be so attractive that all good programs would go under this system, and substantial free entertainment would end. It is too easy to blame Madison Avenue for commercialism. The Avenue is merely the tool of the corporations which it serves. To decry commercialism is to decry the present American spirit...
Though governments of underdeveloped countries are under constant pressure to achieve economic and social gains, they cannot realistically hope to match in a few years the living standards built up by Western nations over the centuries. In Mexico, for example, noted Dr. David McCord Wright, professor of economics and political science at Montreal's McGill University, the value of goods and services produced per capita in 1955 was $187, v. $2,343 in the U.S. Even to increase the per capita gross national product to the present U.S. level by 1980−when Mexico's population will have...
...little man's awe of the tycoons soon rubbed off. Prime targets such as Nelson Rockefeller, RCA's David Sarnoff and Marcel Palmaro, head of Lehman Bros.' foreign department, were soon being buttonholed by Burmese industrialists, Taiwan manufacturers, Brazilian bankers. Projects from underdeveloped countries eager for foreign capital were produced by the hatful. India is ready to open its great bamboo forest in the Mysore province for paper and pulp production if it can get $8,500,000 in foreign exchange in return for half ownership. India's Orissa province needs $1,500,000 in foreign...
...capitalize on the inherent desire of people all over the world that things should be done, wherever they can be done, by private enterprise?" This fundamental question was raised by David Lilienthal, onetime chairman of the Tennessee Valley Authority, now a consultant to foreign governments on their own development programs. Along with such far-reaching solutions as the Magna Carta of investment capital's rights proposed by Germany's Hermann Abs and the world-investment-guarantee plan proposed by Vice President Richard Nixon, the delegates had some ideas of their own on how to speed private investment. Among...
...Leonard David Griffiths, 46, moved up from executive vice president to president of Fanny Farmer Candy Shops, which claims to be the largest U.S. retail manufacturer of candy. He succeeds James Francis Burke, 54, who replaces retiring Chairman John D. Hayes, company cofounder. A family man (four children) who spends his spare time gardening, President Griffiths joined Fanny Farmer in 1936 as an assistant manager, became a vice president...