Word: halsey
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...Little Beavers were refueling in Hathorn Sound when the call came to proceed "at 30 knots" (top speed) and intercept a Japanese force heading for Buka Island, off Bougainville's northern tip and 239 nautical miles away. Burke reported: "Proceeding at 31 knots." An hour later Admiral Halsey received Burke's latest position, along with word that the Little Beavers were still "making 31 knots." The next dispatch Burke received from Halsey was addressed to "31-Knot Burke." Burke had won his name...
What gave Ratliff and his friends their bargaining power was the quiet support of marble-faced old (74) Harold L. (Harry) Stuart, head of Chicago's Halsey, Stuart & Co. and one of the country's top financiers. It was Stuart who floated $6,000,000 in loans to swing the Enquirer deal and who still holds $1,500,000 in debentures, which are convertible into stock. The stock would give its holders working control of the paper...
...Publisher Eugene Duffield ($62,319) were excessive. Moreover, said Ferger, financial backers had urged him to insist on a ten-year contract; while he wanted the right to approve three of the five voting trustees in order to ensure "continuity of management" and "practical control." Ferger also said that Halsey, Stuart & Co., the Chicago investment firm that took $6,000,000 in Enquirer bonds and debentures, had suggested that he get options to buy Enquirer stock...
This was rebutted at a later meeting of outside stockholders representing shares worth $250,000. Ratliff produced a letter from Halsey, Stuart's President H. L. Stuart saying that 1) "the original request for a voting trust came from Mr. Ferger as a condition of him continuing as publisher," and 2) the stock-option deal was put through "without our knowledge . . . I certainly do question the moral action in devaluing the options which we had through our debentures...
...Halsey, 73, snorted delightedly as he hammed up his disguised role of a distant predecessor, iron-men-and-wooden-ship Commodore John Paul Jones. After the show, Iron-Man Halsey took off his fancy duds, let down his hair to make a wooden confession: "I'll bet there was nobody in the war more scared, more often, and for as long...