Word: helpful
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Dates: during 1960-1969
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...same day." In other words, even criminals were to be spared the possibility of mutilation by wild animals after their execution. Orthodox extremists interpret that injunction as meaning that any human must be given prompt burial before his body can come to harm, except when an autopsy can help save the life of a person in the immediate area...
...companies should make a good fit. Pittsburgh, the nation's 14th largest steelmaker, lacks modern galvanizing facilities that Wheeling has in quantity. Pittsburgh's finishing capacity should help Wheeling recapture lost customers. Best of all, the two plants are linked by cheap water transport, the Ohio and Monongahela rivers. Despite his selloff, Simon kept a 4% interest in Wheeling (100,000 shares). If the price climbs eleven points from last week's close of 21⅜, Simon could yet escape from his bath in steel with a profit...
...valuable tungsten. For his profitable dealings in "tungsten dollars," Lee was branded an "illicit profiteer" when Rhee was overthrown in 1961 by Chung Hee Park. He fled to Japan, returned to Korea and resumed operations after Park decided he needed Lee's ability and overseas business contacts to help modernize South Korea. Lee was forced to pay $4,400,000 in back income taxes and tax-evasion penalties, and his shares in three banks were confiscated by the Park administration. Now back in grace, Lee got $6,000,000 in government-backed loans to finance the fertilizer plant...
...Best Way. Despite all such uproar, there is little doubt that Lee's Samsung Group of 20 companies, with $55 million in annual sales, has helped South Korea to become an economically viable nation. The 20,000 spindles and 150 looms of Lee's Cheil Wool Textile Industrial Co. Ltd. have not only halved the price of worsted goods for Koreans but have also helped the trade balance by sales to U.S. clothing manufacturers. Lee's sugar refinery at Pusan, started in 1953, provided the nation with a psychological lift because it was built at a time...
Died. Major General Holger N. Tof-toy, 64, U.S. Army missile expert, who in the closing days of World War II was responsible for taking more than 125 German V-2 rocket scientists (including Wernher Von Braun) from the grasp of the Russians, brought them to help rocketeers at U.S. bases, notably the Redstone Arsenal, Huntsville, Ala., which he commanded from 1954 to 1958, and where he led the development of such missiles as the Nike, Corporal, Hawk, Redstone and Honest John; after a long illness; at Walter Reed Army Hospital, Washington...