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When Ray Smith stepped up to chairman in 1936 (he died eight years later), he turned the presidency over to William C. Heath, whom he had hired away from Fairbanks, Morse & Co. in 1931 to boss his manufacturing. Heath bossed the company's World War II production of almost two-thirds of all the bomb casings used by the Allies. In 1945, when Ted Smith came out of the Air Force as a 2nd lieutenant, Heath began grooming him for the presidency. Heath will still be around, as chairman of the policymaking executive committee, to keep...

Author: /time Magazine | Title: CORPORATIONS: The Industrial Radicals | 4/30/1951 | See Source »

...Stone of Destiny, for the second time in 655 years, was whisked away from its native heath last week and carried back into English captivity. A handful of diehard Scots stood by in sad farewell to the 485-lb. yellow sandstone symbol of Scottish nationalism. Only a scattering of newsmen attempted pursuit as British policemen carried the ancient relic in an official car from ruined Arbroath Abbey, south across the border to London's Westminster, from which it had been lifted last Christmas (TIME...

Author: /time Magazine | Title: Foreign News: With Apologies to H.M. | 4/23/1951 | See Source »

Like a wet snowball in the back came an announcement from customs: ?20 ($56) duty might be charged on 55 crates of snow sent from Norway for a ski-jumping contest on London's Hampstead Heath...

Author: /time Magazine | Title: GREAT BRITAIN: Concession | 4/9/1951 | See Source »

...There is muddle in defense, muddle in groundnuts, jmddle in newsprint, muddle in coal, muddle in housing, and now the greatest muddle of all-meat. 'Muddle, muddle toil and muddle' is [the government's] motto. The trouble is that these witches somewhere on the Whitehall heath cannot go on to say, 'Fire burn and cauldron bubble,' because there is a fuel muddle as well...

Author: /time Magazine | Title: Foreign News: Plenty of Sleeping Pills | 2/19/1951 | See Source »

ROBERT V. HEATH...

Author: /time Magazine | Title: Letters, Jan. 29, 1951 | 1/29/1951 | See Source »

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