Word: garfields
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Dates: during 1960-1969
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...little-known Canadian baker named Garfield Weston journeyed down to Wall Street armed with an idea and $10,000. The $10,000 he paid to a Wall Street tipster to get him just five minutes with some of the cash-heavy New York financiers who had made a killing by selling short in the Great Crash. Then, to five of Wall Street's biggest "bears," including Bernard E. ("Sell 'Em Ben") Smith, Weston offered his idea: buy up British bakeries at Depression prices to provide a readymade outlet for Canada's vast supplies of cheap wheat...
Since then, capitalizing on the same combination of audacity, ingenuity and persuasiveness, slim, strong-minded Garfield Weston, 64, has built the biggest business ever fashioned by a Canadian-a food-processing and retailing empire that reaches into nine countries on four continents and last year ran up sales of $3.4 billion. The world's biggest baker and one of its three biggest grocers,* Weston has 400 supermarkets in Europe alone. Among his holdings: the U.S.'s National Tea Co., Canada's Loblaw Groceterias, Australia's Tip Top Bakeries, Britain's huge (more than 200 subsidiaries...
There is practically no reservation at all in the approval of Dr. Sidney R. Garfield, who founded Kaiser-style group practice in the California desert in 1933. Dr. Garfield was responsible for the health of construction workers on the Colorado River Aqueduct. His earliest plan covered only on-the-job injuries, but soon it was extended to all illnesses and injuries. At Grand Coulee Dam and in Kaiser's World War II shipyards, Dr. Garfield broadened his plan to cover workers' families as well. Modern Medikaiser is based on his early experience...
...plan of this type, insists quiet, shy Dr. Garfield, has two built-in advantages. Doctors, he says, do their best when everything they do is overseen and may be reviewed by their colleagues; patients, on the other hand, go to their doctor sooner when there is no "barrier of cost." This makes possible the most rewarding practice of all: preventive medicine. To provide the personal touch, Kaiser subscribers are given a reasonably long list from which to select a general practitioner or internist to serve as their family physician. Some keep the same family doctor for years; on his referral...
...future is bright. It has just negotiated a $35 million loan from banks and insurance companies to refund some of its debt, build five new clinics, build a new 150-bed hospital and medical center in Santa Clara, and make additions to several present hospitals. "And still," sighs Dr. Garfield, "in some areas we can't accept new members because our facilities are limited." Adds Dr. Cutting: "We don't brag about the quality of care we give, but you can judge it from the fact that now when we go out to recruit doctors in the East...