Word: gambler
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Dates: during 1950-1959
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...Gambler. Almost unknown to the general public a year ago, Mendès-France has become a living symbol of change, in a country that longs for change. Previous Premiers had one goal that was more important than all others: to stay in office. A "successful" Premier was the one who managed to stay longest, and however patriotic he might be, he had to shape all his actions towards continuity in office. Generally, this meant that it was safer to do nothing. Thus, a Premier formed his majority first by telling the Catholic M.R.P. that he was for EDC, then...
More meaty is the 40-minute Hello Out There, adapted from William Saroyan's play and composed by a newcomer, Jack Beeson, 32, a student of the late Bela Bartok. Trapped in a Texas county jail sits an easygoing gambler falsely charged with rape, and in danger of being lynched. Before he meets his end, he talks of love and freedom to the jail's cleaning girl and of bitterer truths to the hotheaded husband of the woman he supposedly wronged. The music too often slips out of focus, but at its best contains some genuinely affecting melody...
Murchison, in all likelihood, would have been a success-and probably a millionaire-no matter where he lived. The proximity to Texas oil, plus the depletion allowance, gave him a chance to pyramid his millions. He has a trader's shrewd knowledge of human beings and a gambler's quiet ability to calculate the odds. He also has a banker's cold logic and an optimist's faith in U.S. business enterprise. A little bit of all these qualities is apparent in most of his deals...
After only two months in college, Gambler Murchison was caught in a crap game. He was told he could stay if he signed a no-craps pledge. But Murchison would not make such a promise; he returned to Athens as a teller in his father's bank. Instead of staying in his cage, Clint spent most of his time drinking coffee and drumming up business at the corner drugstore. He could not be bothered counting small change that was not included in the bank's legal reserves. But a bank inspector reasoned differently, ordered Murchison to count every...
...acre lease from the Texas Co. and agreed to drill 200 wells on it (at an average cost of $50,000 a well). Texaco's geologists doubted that he could even make interest on his $10 million investment. Instead, he netted $15 million. Following his gambler's instinct, he wanted to spread the risk of the oil business by going into other fields. He chose insurance companies first, since they are not taxed on part of their income. He bought Reserve Loan Life in Indiana, Atlantic Life in Richmond, and Tennessee's Lamar Life. They...