Word: industrialistic
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...last week's sick list: Colorado's brainy Republican Senator Eugene D. Millikm, 64, ailing with a "digestive upset" in the capital; roly-poly Industrialist Henry J. Kaiser, 73, bedded in Honolulu after suffering slight injuries when he fell in his bedroom in the dark...
...promise of high profits also saw a new type of industrialist rise to prominence in 1955-the empire builder who put together his kingdom by buying stock to take over sickly or tired companies. To some, they were mere "raiders," who might often liquidate a company for its cash. But the raiders regarded themselves as leading a revolt of the stockholders. Right or wrong, they put the pressure on industry's managers to produce or get out. In the proxy war of the year, Financier Louis Wolf son (Washington's Capital Transit, New York Shipbuilding, etc.) fought...
...Sealantic Fund (John D. Rockefeller Jr.) for its theology faculty, and $4,324,200 from the Ford Foundation's great gift to U.S. colleges (TIME, Dec. 26), the University of Chicago received an estimated $15 million plus from the will of the late Louis Block, Joliet (Ill.) industrialist (Blockson Chemical Co.). The bequest is to establish the "Louis Block fund for basic research and advanced study" in the physical and biological sciences...
...first antimonopoly bill in its history. Last summer, news of the U.A.W.-Ford guaranteed annual wage agreement rocked the national convention of France's 2,000,000-member Confederation Generate du Travail, and seriously weakened Communist control. In today's booming Federal Republic of Germany, an industrialist who has not been to the U.S. to study production methods is not seriously listened to. In Mexico, Sears, Roebuck & Co., G.M. and Ford have raised wages, granted pensions and health plans, and given Mexico's unions new leverage for working on rich local capitalists. In Saudi Arabia the Arabian...
...N.A.M. Chief Cola G. Parker, 65, retired president and board chairman of papermakers Kimberly-Clark (Kleenex) is Wisconsin-born, Indiana-reared. He first made good as a New York corporation lawyer; at 47 he went back to Wisconsin to make good all over again as an industrialist. He joined Kimberly-Clark of Neenah, Wis. in 1937 as financial vice president, became its president in 1942. chairman in 1953, and quadrupled the corporation's sales. Parker served the Eisenhower Administration as a member of the Commission on Foreign Economic Policy and as adviser to the U.S. delegation at the GATT...