Word: eaton
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Dates: during 1950-1959
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Clean Break. The Enquirer employees' committee, with the financial backing of Cleveland Financier Cyrus Eaton, had beaten out the Taft-owned Cincinnati Times-Star, which had expected to buy the Enquirer unopposed (TIME, Jan. 14 et seq.). Last week, in a complicated deal, Washington's district court approved the sale to Eaton, through his Portsmouth Steel Corp., for $7,600,000. Eaton turned the paper over to a new corporation, Cincinnati Enquirer, Inc., set up by the employees. Portsmouth Steel will hold two notes for $6,350,000 and $1,250,000 until they are paid...
...Entry. Last week, just as the court was to hand the paper over to the Times-Star, a new figure entered the scene. Cleveland Financier & Industrialist Cyrus Eaton, a big contributor to the Democrats in Ohio and an old enemy of Senator Bob Taft's, announced that his Portsmouth Steel Corp. would back the employees. Eaton sent the trustees a check for $1,250,000 as a deposit, was ready to sign a contract to pay the remainder. If the paper is sold to Portsmouth Steel, it will immediately sell it to the employees, collect when the bond & stock...
Harvard's first head, the controversial Master Nathaniel Eaton, flogged disobedient undergraduates, and in 1639 he clobbered a faculty assistant with a "walnut tree cudgel," compared to which the modern billy club would be a toothpick...
...Eaton was soon hailed into court to answer charges about his so-called "School of Tyrannus." Since then, the College's misbehaving students have taken to the courts more often than its tennis teams...
Last week the judges gave their decision. They withheld the grand prize, awarded each artist a consolation prize of 100,000 lire. Another contest will be held next year. Said Eaton: "I'm going to keep on trying, and keep on running contests if necessary, until I get what I want...