Word: forded
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Dates: during 1950-1959
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...Ford Star Jubilee (Sat. 9:30 p.m., CBS). Noel Coward in his Blithe Spirit, with Lauren Bacall, Claudette Colbert...
...lousy five bucks," he roared, "people act as though I've torn up the tracks. There's going to be parking at every station, and if it costs me money, it's going to cost you money, because I'm a businessman-not the Ford Foundation...
...Ford Foundation's allocation of $500 million in charitable grants to education and medicine climaxed a year in which U.S. charitable foundations handed out or committed almost $1 billion, a record total nearly doubling the 1954 figure. The prime reason for all this lavish giving was that high taxes make generosity an inexpensive proposition. The effect of taxes on charity was succinctly explained by New York Welfare Commissioner Henry L. McCarthy: "You have to spend money to save money." One of the best ways to do both, as an increasing number of businessmen and corporations are finding...
...slide into a lower tax bracket. An individual may deduct up to 20% of his taxable income for payments into a foundation; a corporation may deduct 5%. In some cases, the saving in taxes almost equals the cost of philanthropy. A foundation can also be used, as was the Ford Foundation, to help a family retain control of a company, or to promote a pet idea, e.g., the Odlum-Cochran Foundation spends some of its money on psychic research, a hobby of Financier Floyd Odium's wife. From a businessman's point of view, probably the most important...
Chevrolet this week brought out a new model of its Corvette in an attempt to overtake Ford's Thunderbird, which outdistanced all competitors with 16,000 units in 1955. The 1956 Corvette still sports a plastic body, but boosted horsepower 15% to 225 h.p. Optional: a power-operated top and a floor-mounted manual shift (instead of Powerglide...