Word: homers
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Sorbonne Philosophy Professor Jean Guitton rushed to the front page of Le Figaro to cry shame, because "the oral, properly understood, is a delicious moment." Guitton fondly recalled questions from his own orals ("Monsieur, what was the color of pigs in Homer's day?"), remembered his anti-French error of telling his examiners that brainy men complement each other ("No, Monsieur. When intelligences are united, they subtract from each other"). Warmly supporting Guitton in defense of the oral. Author Paul ( The Innocent Tenant) Guth wrote: "In a world more and more dedicated to the quantitative, the oral...
...tubby little man in the front row was so short that his primly polished brown shoes barely touched the floor. Eyes blinking behind rimless glasses, he strained last week to catch every word at the Senate Communications Subcommittee hearing. There was much at stake for Homer A. Tomlinson, 66, the general overseer of the Church of God sect and self-proclaimed king of the world. He intends to run for President of the U.S. again in 1960 (his big white Panama campaign hat was at his side), and the subcommittee was struggling to find a way to keep Homer...
...startling new problem of keeping far-out candidates like Homer out of newscasts arose because of the Federal Communications Commission's overly cautious interpretation of the Communications Act, which declares that any station that lets any legally qualified candidate use its air time must give equal opportunities to competing candidates. Until last February, this provision was interpreted to cover political campaigning. Then a perennial also-ran in Chicago named Lar Daly (TIME, March 30) claimed that it also governed straight newscasts, charged that WBBM-TV had violated the act by not giving him equal time after showing film clips...
Heart of the new plan is a substantial increase in the base pay to 60% of total executive pay last year. Homer's new salary would be $306,749. On top of that, instead of a regular bonus, he and other executives would get special "dividend units," computed on the size of earnings and dividends, entitling them to receive dividends on the same basis as stockholders until 15 years after they retire (or to their estates if they died). Initially, these dividends would be small (e.g., Homer's share, based on 1958 figures, would have been only...
Ever since the late Charles M. Schwab took over Bethlehem Steel in 1905 and set about making it the nation's No. 2 steelmaker (after U.S. Steel), the company has prospered by paying the fattest executive bonuses of any U.S. corporation. Last year Bethlehem's President Arthur Homer received $100,000 in salary, plus $411,249 in bonus, making him the highest-paid U.S. corporate executive. For years many Bethlehem vice presidents have been paid more than presidents of larger companies. Last week Homer and the 19 other Bethlehem executives who share in the company's lush...