Word: expander
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Dates: during 1960-1969
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...Drain-Off. Such concentration of resources has given the chain a semblance of stability and room to expand. Last month Hearst bought the Albany Knickerbocker News for $3,850,000, giving the chain a monopoly in New York's capital city. In Baltimore, where the News-Post ranks behind the Sun papers, Hearst has earmarked $5,000,000 for expansion of plant and production facilities. "You've got to show the community that you have faith in your paper," says a Hearst executive. "If you have, the community will have...
...Harvard and Yale. The Yale-in-China Association gave New Asia College $53,349 in direct and indirect grants during the last fiscal year, the Harvard-Yenching Institute a much smaller amount. Chinese History and Director of the Harvard-Yenching Institute since 1956, is currently touring East Asia to expand the Institute's financial assistance beyond aid to schools. Early this month, he attended the first international conference of scholars in East Asian studies, a meeting held in Yaipei to coordinate the activities of the Korean, Japanese Research Councils supported by the Harvard-Yenching Institute...
...show were some cheery lines spoken by short (5 ft. 8 in.), grey-haired Frederic Garrett Donner, 58, General Motors' board chairman and its chief executive since 1958. The world's largest industrial corporation, announced Donner, plans to spend $1.25 billion next year to expand and develop its worldwide (21 countries) auto empire, testifying to its faith in "continued economic progress." If consumer incomes continue to rise and consumer confidence is sustained, said Donner, the auto industry may sell 7,000,000 cars in the U.S. in 1961, including imports. By 1970, based on a projected rise...
...Jeez, There's Nothing . . ." Roy Thomson is fond of saying: "We can expand indefinitely." Son of a Toronto barber, Thomson at 24 had managed to accumulate, and then blow, a small fortune in Saskatchewan land speculation. In 1929 he went to North Bay, Ont. to sell radios, Branched into broadcasting to push his product and in 1934, for $200 down and $200 a month, bought a moribund weekly called the Timmins Press. One of the unfledged publisher's first moves was to send dime to each of 100 small U.S. dailies, hen the copies came in, Thomson read...
...Kemsley chain, once starchily conservative, has drifted towards the middle of the road. There Thomson is wooing Britain's rising mid dle class. He has added a culture-packed Saturday supplement to several of his dailies, beefed up news columns, hired cor respondents on the Continent to expand foreign coverage, "Looking All the Time." "Actually," said one Thomson employee last week, "the only conservative thing about Thom son is his money." Thomson encourages this view. He tells risque stories at stuffy editorial conferences, invites everyone to call him Roy, and rides the London underground more often than his blue...