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Word: guam (lookup in dictionary) (lookup stats)
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...putting things together," says Kenneth T. Jones, a former farm boy from Willow Springs, N.C., who has been putting things together ever since he hit the beaches of Japanese-held Guam as a Seabee in 1944. Now 50 and a solid 240-pounder, he is the millionaire owner of a diversified commercial kingdom ranging from supermarkets to construction and cattle ranching and, most recently, the first luxury hotel in the U.S. Trust Territory of the Pacific Islands. "Next to the Government, Ken Jones is the biggest thing on Guam," says a local dignitary...

Author: /time Magazine | Title: Micronesia: Island Millionaire | 12/15/1967 | See Source »

...store Pay Less supermarket group will grow to five by the end of next year. His American Motors Agency is the only, one in the world that outsells both G.M. and Ford in its sales area. A restaurant that he leased for 50 years is considered the best in Guam; his Cliff Hotel in Agana, the capital, is packing them in in such numbers that he has started adding one room a day to the original...

Author: /time Magazine | Title: Micronesia: Island Millionaire | 12/15/1967 | See Source »

...saved up $3,000 for a start, but lost almost half of it in a poker game on the way back to the U.S. With his remaining funds, he bought cheap watches, jewelry and trinkets, and sent them to a Guamanian friend to sell. To get back to Guam as a civilian, he had to sign up for a year as a U.S. civil service employee...

Author: /time Magazine | Title: Micronesia: Island Millionaire | 12/15/1967 | See Source »

Etiquette & Close Support. In the log he noted that Arnheiter once drank spiked eggnog aboard, and kept a pitcher of brandy in the officers' mess to pour over his peaches and ice cream-a blatant violation of nonalcoholic Navy Regulations. At a ship's party in Guam, the skipper ordered Generous to sit cross-legged at his feet, and had another officer roll up his trouser legs and act as a "pompom girl." He also ordered his officers to give impromptu speeches at dinner on cultural subjects (sample theme: "Opera-Box Etiquette in Milano"). But it was Arnheiter...

Author: /time Magazine | Title: The Navy: The Arnheiter Incident | 12/1/1967 | See Source »

...free-enterprising fashion, Kenneth T. Jones, a big, affable North Carolinian who came to the Pacific as a Seabee during the war, is as effective as the missionaries. Jones stayed on in the U.S. possession of Guam, amassed a $10 million fortune in supermarkets, department stores, motels, hotels, a construction company and ranching-and is increasingly spreading out into the nearby trust territories. Next week on Saipan he will open Micronesia's first modern hotel, the Royal Taga. Already booked for months in advance, the Taga is certain to bring tourists and money to Saipan; Jones is offering native...

Author: /time Magazine | Title: Micronesia: A Sprawling Trust | 11/3/1967 | See Source »

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