Word: huttons
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Dates: during 1930-1939
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Last week Edward F. Hutton, uncle of Countess Barbara Hutton Mdivani Haugwitz-Reventlow, resigned as board chairman of General Foods Corp.* Of three possible reasons for his retirement only one was given in the official explanation: ill health. Still living quietly on his 16,000-acre South Carolina shooting preserve, Mr. Hutton intended to resign, said the directors, "when the evidence was sufficiently clear that the Depression was subsiding." Smart Executive Vice President Clarence Francis was upped one notch, and President Colby M. Chester was made board chairman and chief executive officer...
...Hutton remained as one of General Foods' 16 directors...
Another explanation for Mr. Hutton's resignation might have been that as an anti-New Deal publicist he was sometimes misunderstood. His suggestion that Big Business "gang up" was interpreted as a bald plan to gang Franklin D. Roosevelt (TIME, Dec. 2). Though his sentiments were personal, the name Hutton has been linked to General Foods since he became chairman in 1923 and as a goodwill asset has lately shrunk in value...
...abed in his South Carolina home last week, Mr. Hutton must have sat bolt upright when he heard the reaction to his suggestion. Angry editorials burgeoned. Chairman O'Connor of the House Lobby Committee thought Mr. Hutton should be investigated. Mr. Hutton's trim, dapper figure appeared in a Rollin Kirby cartoon, soliciting Big Business support to "gang" Franklin D. Roosevelt. President Colby Chester of General Foods hastily disclaimed his chairman's ideas as representing corporate policy. A market letter of Weingarten & Co. offered Stockbroker Hutton some sage advice: "Interests and forces opposed to the Administration...
Omitted from this year's New York Social Register are: Cornelius ("Neely") Vanderbilt Jr., author of Farewell to Fifth Avenue; Countess Barbara Hutton Haugwitz; Mrs. Marjorie de Loosey Oelrichs Duchin, wife of Band Leader Edward Frank ("Eddy") Duchin; Henry Huddleston Rogers III, at whose Downingtown, Pa., farmhouse Torchsinger Evelyn Hoey was shot dead...