Word: industrialist
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...Sato is liked by business executives," observed a Tokyo industrialist. "Kono is liked by barbers and taxi drivers." Both men - Eisaku Sato, 63, and Ichiro Kono, 66 - are even more warmly admired by rival factions of the ruling Conservative-Liberal Party. Last week they became hot rivals in a power struggle for the premiership of Japan. Their opportunity came when Prime Minister Hayato Ikeda, who has been hospitalized for eight weeks with a throat tumor, handed in his resignation...
William Grede, a local industrialist who helped found the John Birch Society and now serves on its national council, throws a slightly different light on the Johnson-Goldwater race: "Win or lose, this debate between conservatism and liberalism will help conservatives...This is the first breakthrough the conservatives have had." He emphasizes that regardless of the outcome in November, the Birch Society "must" continue...
During a 50-year career, Inventor-Industrialist Sherman Fairchild, 68, has tinkered successfully with everything from aerial cameras to semiconductors...
...police crackdown. "You watch," he said. "When the maquereaux run out of money, they'll take to robbing villas. It's better for Nice to have idle pimps than active robbers." He knew his maquereaux. No sooner were the poules off the street than a Paris industrialist on holiday in Cannes was robbed of $40,000 in jewels, and an American matron lost $120,000 in gems from her Cap Ferrat villa...
...cost of money also depends on who the borrower is, how much he needs and why he needs it. By borrowing millions of dollars at a time, modern corporations can usually get lower interest rates. A Ruhr industrialist can often negotiate a 4½% loan, but a Bavarian woodcarver might have trouble whittling down the rate even to 7½%. A New Wave film producer in Paris must pay about 32% for a loan that an established French producer could get for only...