Word: forded
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Dates: during 1950-1959
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...Already the recipient of $1,750,000 from the Sealantic Fund (John D. Rockefeller Jr.) for its theology faculty, and $4,324,200 from the Ford Foundation's great gift to U.S. colleges (TIME, Dec. 26), the University of Chicago received an estimated $15 million plus from the will of the late Louis Block, Joliet (Ill.) industrialist (Blockson Chemical Co.). The bequest is to establish the "Louis Block fund for basic research and advanced study" in the physical and biological sciences...
...General Motors was William C. Durant, an ex-carriage, ex-bicycle, ex-wagon maker who first hit the jackpot by backing an auto designer named David Buick. In 1905, Billy Durant capitalized Buick for a staggering $10 million, three years later tried to corner the auto manufacturing business. (Henry Ford agreed to sell for $8,000,000, but at the last minute Durant's bankers backed away from the $2,000,000 down payment.) Durant settled instead, in 1908, for a combine that included Buick, Oldsmobile, Cadillac, Northway and Oakland, and called it the General Motors Co. Detroit called...
Since Curtice's drive for leadership is as relentless as a turnbuckle, his success has naturally brought some new strains for G.M. In the furiously competitive race for auto sales, relations are more tense between G.M. and its major competitor, Ford, than ever before. Ford executives, who used to meet G.M. friends for a Sunday round of golf, now only nod perfunctorily when they bump into the G.M. crowd at the Bloomfield Hills Country Club. G.M. blames Ford for giving in last summer to the United Automobile Workers' Walter Reuther on the guaranteed annual wage. Fordmen blame...
...sense -the sense of setting an example-Flint is farther away but getting closer. Britain, eying the freely competitive U.S., has this year been hearing its strongest parliamentary attacks on monopolies, and may wind up with the first antimonopoly bill in its history. Last summer, news of the U.A.W.-Ford guaranteed annual wage agreement rocked the national convention of France's 2,000,000-member Confederation Generate du Travail, and seriously weakened Communist control. In today's booming Federal Republic of Germany, an industrialist who has not been to the U.S. to study production methods is not seriously...
Into a Pittsburgh stockbroker's office last week walked a man with $300,000 in his pocket. Said he, plunking the money on the broker's desk: "Put it in Ford.'' Buy-Ford fever was running high throughout the U.S., as Ford Motor Co. prepared for the Jan. 18 launching of its first public stock sale (TIME, Nov. 14). The Ford Foundation, owner of the stock to be sold, had asked brokers and dealers to allot each customer initially no more than 100 shares. But it looked as if most customers would be lucky...