Word: garfield
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Died. Bishop Garfield Bromley Oxnam, 71, U.S. Methodism's champion of liberalism; of bronchial pneumonia; in White Plains, N.Y. (see RELIGION...
...shares outstanding, then approved an ingenious Guterma plot to print thousands of additional shares and dump them on the public-at a profit. First it proposed a merger with little-known and profitless Handridge Oil Corp., which was controlled by Chairman Guterma and Las Vegas Gamblers Samuel Garfield and Irving Pasternak. Terms: 575,000 new shares of United Dye, worth $18 million, for 575,000 shares of Handridge, whose assets had been bought from Texas Wheeler-Dealers John and Clint Murchison Jr. for a mere $519,000. Remarkably, this deal was approved with a minimum of investigation...
...Europe. A civil engineer found himself something of a celebrity among his co-workers in New York City's Department of Parks All have only recently returned to a workaday world that they had nearly forgotten while serving as jurors in the trial of U.S. v. Samuel Garfield, et al. in Manhattan's Foley Square courthouse. As jurors, they had seen 1,890 exhibits and heard 109 witnesses give 26,731 pages of testimony in the longest criminal trial ever held before a federal court jury. It lasted just 23 days less than a year...
When the pressures of war eased, the principle of progressive tax rates came under heavy attack. "It is a punishment of the rich man because he is rich," cried Ways and Means Chairman Thaddeus Stevens; and James Garfield, later President of the U.S., called progression "unethical, unsocial and unconstitutional." The progressive aspect was removed in 1867, and in 1872 the income tax itself expired...
Here also is the most luxurious resort in the Caribbean, Frenchman's Cove-a palm-pillared beach surrounded by soaring jungle cliffs, with a crystalline, spring-fed river sneaking into the surf along one side. One look, and Canadian Food Tycoon Garfield Weston bought the beach plus 40 acres, only to find out later that the fine print in the bill of sale had contained a stipulation that he build a hotel on the property. His son, Grainger, took over, and the result was 18 houses sited throughout the property to provide maximum privacy and view. Built...