Word: drexel
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...business affairs. But even before the subcommittee took a hand, ABC confronted him with a significant decision: he must get rid of his outside music interests or else quit TV. The companies involved: Swan Records, Sea Lark Enterprises, January Music, Arch Music. (Entrepreneur Clark also has an interest in Drexel Productions, a TV packaging firm, and may have connections with Jamie Records, other record companies, a talent agency, a record-pressing plant, and a production company named Clarkfeld.) Faced with the ABC ultimatum, Clark decided to "divest" himself of his interests in various music firms (he did not specify...
Career: Joined Philadelphia's solid Drexel & Co. investment house, sold securities, rose to partner in 1940, became a civic wheelhorse in Philadelphia's Associated Hospital Service, Child Guidance Clinic, Boy Scouts, Navy League, also served as a private in the National Guard. Commissioned in Navy intelligence in 1942, he sailed in major campaigns (Southern France, Philippines, Okinawa, Iwo Jima), performed gallantly (two Bronze Stars), was mustered out as a commander after 42 months, rose to captain in the Reserve and retired...
...team player, Gates publicly blew his stack against Ike's Defense Department reorganization plan ("The Secretary of Defense has all the authority he needs"), cannonaded against interservice bickerings ("The Secretary of Defense continues to struggle handicapped by traditionally divided service opinions"). Anxious to return to his gold-plated Drexel investment job, Gates early this year resigned his $22,000 secretaryship, effective June 1. But Ike persuaded him to stay in Washington as Deputy Secretary. Said Gates: "It plays hob with my personal plans, but I guess it is my duty...
...Colonel William Boyce Thompson, who had built his fortune in South African diamonds and Montana copper, Montana-born Maggie Biddle had shared an estate estimated at $85 million on his death in 1930. She divorced a New York banker the following year and married Philadelphia Socialite Anthony J. Drexel Biddle Jr., the dashing soldier who subsequently became U.S. envoy to Norway and Poland (and is now adjutant general of the state of Pennsylvania). They, too, were divorced after the war, but still fond of the diplomatic high life, Maggie Biddle set up a Paris salon just off the fashionable Boulevard...
Philadelphia Banker Gates (Drexel & Co.) took over the Navy Secretary's job in 1957 after four years as Under Secretary, demonstrated the same smartness he showed in World War 11 as a naval air intelligence officer. But Gates got torpedoed on two issues: 1) he argued unsuccessfully for Navy appropriations on a basis of Navy need as he saw it, rather than percentage of the overall four-service defense budget; 2) he offered stubborn resistance to President Eisenhower's Defense Reorganization Act on the ground that it would sap service secretaries' powers, take Navy units...