Word: emanuel
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Britain's coal shortage, caused chiefly by obsolete equipment and miners' war weariness, was nearing the danger point. Approaching winter brought fear to Government officials and industrialists alike: last week, industrial stocks took a sharp plunge on the London Exchange. Minister of Fuel and Power Emanuel Shinwell had denounced widespread rumors of impending power rationing as "malicious propaganda." But he himself had to admit last week that, unless coal production increased rapidly, there was grave danger of a breakdown in Britain's hard-struggling industry this winter...
...Class of 1945: Emanuel Jacob Abrams, John Barnes 3d, Roger Joseph Donahue, John Lowell Gardner, William James McAuliffe Jr., Manton Bradley Metcalf 3d, James Greenbury Nuland, George Spires Pappagianis, Harold Warren Schnaper, Sundel Lazarus Shir, Walter James Whelan, William Harold Wolf...
...this Peter-to-Paul manner, Emanuel kept the complicated corporation breathing until he had strengthened AVCO enough so that it could swallow both its parent, ATCO, and AMCO. By then V.E. thought that AVCO could start expanding again. With war in the offing, he had his eye on Consolidated Aircraft Corp. The way he got it was characteristic. Washington didn't like the idea of a key war plant being run from a skyscraper 3,000 miles away. So V.E. simply had one of his small planemaking subsidiaries, Vultee Aircraft Inc., buy Consolidated. (One planemaker described Vultee...
Within the next few months, Emanuel plans to merge most of the associated companies (those which AVCO controls) into AVCO, simplify the operating procedures. At the top now is the combined policy-operating group, headed by Emanuel. His right-hand man, president and production boss of AVCO and board chairman of many of the other companies, is Irving Brown Babcock, 55, who learned his production know-how in 20 years at General Motors, was a G.M. vice president and head of its truck division until he joined AVCO a year and a half ago. Babcock's right-hand...
...always been deeply interested in the farm problem (he has championed farmers by praising their coops and, more recently, by fighting for decontrol of farm products), got only a taste of making farm implements with his New Idea, Inc. Now he wants a bigger bite. One guess is that Emanuel will soon move deeper into the farm-implement field, may buy up another company. After that, even Emanuel is not quite sure where he is going...