Word: ended
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Dates: during 1930-1939
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Last spring Harvard's faculty hoped for reform in Dr. Conant's hiring & firing policies when he adopted a "Magna Charta" drafted by a faculty committee (TIME, June 5). But their hopes were quickly dashed, for at term's end the University fired ten popular assistant professors, including Ernest Simmons, President of Harvard's Teachers Union, and Critic Theodore Spencer. (Professor Spencer thereupon landed a lifetime appointment at Cambridge University, was hired back by Harvard as visiting lecturer for a year...
...legislators thrust scholarships upon them (last year 1,000 of L. S. U.'s 8,550 students were on the State payroll). Last July, when President Smith was indicted for making free with the University's money (TIME, July 10), this lush era came to an end. Last week outsiders learned how much their fun had cost Louisiana students in humiliation...
...end of the fifth day the fat was in the fire. Onetime roundhouse sweeper Walter Chrysler, who had left the presidency of Buick ($500,000 a year) to retire at 44 from an industry that wouldn't let him quit, who had later founded blazing Chrysler Corp. on the ashes of the dying Maxwell-Chalmers fire, had agreed to buy Dodge. The price suited Walter Chrysler, right down to the ground: $170,000,000 in new Chrysler stock. Without turning over a penny of cash Chrysler Corp. had taken over all the floor space and forge and foundry facilities...
...also shown two other qualities that the hard-riding U. S. motor industry requires of all its topflight executives: the stamina to hold up under hard work, the singleness of purpose that eventually makes "the plant" the be-all and end-all of their existence...
...week's end came a trumpeting cable from Biarritz, France, to Prince's New York office. Deny that rumor! He was in excellent health. He would be home in a month to see about this. Armour stockholders were set to wondering whether this January there would be another meeting as rowdy as that famous one in 1934 when Prince, who had bought up effective (5%) control of the stock, first landed the chairmanship...