Word: h
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Dates: during 1960-1969
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...GEORGE H. BELL...
...Role. Shuttling between the East Coast and his 22-acre Triple-H homeplace in Waverly, Minn., Humphrey devoted much of the week to strengthening the creaking Democratic machinery (see following story) in preparation for his formal campaign kickoff this week in Washington. One crucial question that remains unresolved is what role Lyndon Johnson will play in his Vice President's campaign. The President has told Humphrey privately that it may be best for him to do nothing, and last week Johnson declared at a press conference that he does not intend to undertake "partisan activities." If that is true...
...distiller (1967 sales: $518 million). Fat with $323 million in working capital, Schenley was a tempting merger plum. As befits Riklis' guiding philosophy-described as the art of buying companies with their own money-Glen Alden is paying for Schenley mostly with promissory paper. For each H Schenley shares, worth about $85 in the stock market, Schenley stockholders get $13 in cash; they also get a $100 debenture that pays 6% annual interest until its 1988 maturity. Riklis can thus tap 20 years of Schenley earnings to repay most of the purchase price. Inevitably, some Schenley executives objected...
...other cases, a fresh marketing approach can rejuvenate a declining old name. Stephen F. Hinchliffe Jr. and Merle H. Banta, two young (35) former management consultants, set up Los Angeles' Leisure Group, Inc. in 1964 on the notion that they could do better than the "inventors, hobbyists and amateurs" in the business. They have. Among the seven outfits picked up by Leisure (1967 sales: $10 million) is Philadelphia's S. L. Allen & Co., whose famed Flexible Flyer sled, introduced in 1889, could claim nearly 100% of the market in the early 1900s. Leisure bought Allen, which had been...
...manufacture of the machinery of war, man's ingenuity knows few limits. Even now, he is capable of putting orbiting H-bombs into outer space, ready to drop on signal. Tomorrow his navies may be prepared to fight at sea with ships capable of speeds up to 100 knots; his armies may be organized to battle on land with compact, radiation-proof robots...