Word: forded
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Dates: during 1950-1959
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...become a nation of improvers, adjusters, takers-apart, putters-together, dissectors, bisectors, inspectors, assemblers and reassemblers. The average American proudly thumps his breast, pointing with complacency to our vast quantity of technologically "superior" wealth. Where are the minds to match the intellectual curiosity of Edison, Marconi, Alexander Bell, Henry Ford or the Wright brothers...
...Chrysler, far from doing better, was again slipping fast. At the end of the first six months of this year it had assembled only 14.85% of total industry output, 3.78 less than in the same period last year v. a 5.16 rise for G.M., a .19 rise for Ford...
...directors. Into his place will go Harold E. Churchill, 53, Studebaker's general manager, who has been with the company since 1926. But the real boss will be Curtiss-Wright President Roy T. Hurley, himself a veteran automan, who learned the fine points of the industry as Ford's director of manufacturing. Taking over Curtiss in 1949 when it was doing poorly, he cut costs and boosted production so effectively that the company turned a profit of $35 million in 1955. Now, with the Studebaker-Packard deal, he is going back to a business he knows even better...
...richest ($2.5 billion) philanthropic organization in the world, the Ford Foundation supports hundreds of projects and some have raised storms of controversy. Last week one autonomous subsidiary, the Fund for the Republic, was locked in battle with a congressional committee because of its wobbly approach to the problem of Communism (see NATIONAL AFFAIRS). Ignoring its offspring's noisy troubles, the foundation quietly beefed up its command, picked a new president to succeed able Lawyer H. Rowan Gaither Jr., who continues only as the foundation's board chairman. The foundation's new boss: Henry Townley Heald, president...
Veteran Fund Raiser Heald will preside over the distribution of funds which have totaled more than $800 million since 1950. One of his earliest and most pleasant tasks: disbursement of the $260 million bonanza, deriving from last year's sale of Ford Motor Co. stock, to all accredited private colleges and universities-including $5,000,000 to N.Y.U...