Word: industrialistic
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...makes sense to the world in January 1956? "Does it act?" and ''Does it present to the world an idea of order?" Few would doubt that you have asked the right questions, but who is qualified to answer? A politician? Soldier? Industrialist? Farmer? Labor Leader? Professor? Rabble-rouser...
...Item: Industrialist James Gority, late of Adrian, Michigan, has bequeathed $5,000 to Notre Dame to make available to undergraduates courses in golf and bridge. Mr. Gority considered a knowledge of these games a real asset...
...PICTURES, originally bought by General Tire & Rubber Co.'s Teleradio subsidiary for its film backlog (TIME, Aug. 1), will swing back into full operation as a major moviemaker. After virtually shutting down under Industrialist Howard Hughes, RKO will start off with a $22.5 million budget for eleven films (among them: Cash McCall, A Farewell to Arms, The Syndicate) in the first six months of 1956 alone...
Died. Hulett Clinton Merritt, 83, financier-industrialist who was a multimillionaire at 21, sold his rail and mining interests to become the largest individual stockholder in U.S. Steel, was president or board chairman of 138 different companies; in Santa Barbara, Calif...
Groundwork for the coup was laid six months ago, when Teleradio (subsidiary of General Tire & Rubber Co.) paid Industrialist Howard Hughes $25 million for RKO Radio Pictures and RKO's well-stocked film library (TIME, Aug. 1, 1955). In December, O'Neil got back more than half the investment by selling television and foreign rights on 740 feature-length movies, almost all RKO owns, and some 1,000 short films to Manhattan's C&C Super Corp. C&C paid $12.2 million in cash and agreed to pay $3,000,000 more over the next two years...