Word: guggenheim
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...long-distance call from New York to Louisville connected two old friends: Captain Harry F. Guggenheim, 73, owner of Long Island's Newsday, and Mark F. Ethridge, 67, who recently retired after a long career as editor and publisher of the Louisville Courier-Journal. "I need you out here, Mark," said Guggenheim. Said Ethridge: "I'll do everything I can." He flew East, thinking he knew exactly what Harry wanted: a friend's guidance during the difficult period of adjustment following the death of his wife, Alicia Patterson, Newsday's creator and editor (TIME, July...
...plan to teach a once-a-week seminar on newspaper management at the University of North Carolina. The rest of the time he would run the paper and hold a sort of private seminar for Newsday Staffer Joseph Patterson Albright, 26, Alicia's nephew, whose succession to Harry Guggenheim's paper and Mark Ethridge's new job is, according to present schedules, only a matter of time...
...wanted her own newspaper. Her husband agreed ("Everybody ought to have a job"), wisely judging that this would be an outlet for her enormous energies, and put up $70,000 to get the paper started. Her idea was to publish a suburban daily for Long Island, where she and Guggenheim lived in a 30-room Norman mansion in fashionable Sands Point. What she had in mind was something "readable, entertaining, comprehensive, informative, interpretive, lively, but still sufficiently serious-minded so that no Long Islander will feel compelled to read any New York newspaper." When the first issue of Newsday came...
...world of U.S. foundations is losing its wise, undisputed dean: Henry Allen Moe, 69, boss of the John Simon Guggenheim Memorial Foundation for the past 37 years. A Rhodes scholar and an Oxford-trained lawyer, Minnesotan Moe gave "Guggie" fellowships the status of a U.S. intellectual knighthood, personally knighted some 5,000 artists, scholars and writers to the tune of about $1,500,000 a year. Moe's genius was to spot promising people in their 30s, give them time and money to make good their talents. No man has done more to nurture creative Americans (Physicist Arthur Holly...
...these were what the pioneers needed - the thousand tiny common denominators of civilization. Most ended with little more than sore feet. But some who began as peddlers created American business dynasties: Samuel Pels of Fels-Naptha soap, Department Store Founders Adam Gimbel, Benjamin Altman and Marshall Field, and Meyer Guggenheim, whose family made a fortune in copper...