Word: industrialistic
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Pittsburgh has always believed that the Mellons wanted Paul to be the industrialist, Dick the banker, a division of labor roughly similar to that of their fathers. But quiet, easy-going Paul rebelled at his destiny. After his graduation at Yale in 1929, he went to England and spent two years at Cambridge University, got another B. A. Back in the U. S. he talked of becoming a publisher. Finally he bowed to his father's wish, has been cramming spasmodically in Mellon National since 1931. He last made news when he and Lucius Beebe, famed japestering newsman...
MARCH OF TIME RELAYED BY COLUMBIA AND BBC* THE FIRST TIME IN ENGLAND STOP THREE LISTENERS WITH ME WERE EXCABINET MINISTER A PROMINENT INDUSTRIALIST AND NEWSPAPER PROPRIETOR STOP ALL MOST IMPRESSED WIDE RANGE OF NEWS COVERED AND GRAPHIC PRESENTATION BUT THOUGHT ATTITUDE RATHER SUPERFICIAL AND RESEMBLED MUSICAL COMEDY OF WEEKS NEWS STOP BROADCAST OFFSPRING NOT AS TIMEWORTHY AS FATHER TIME STOP ANNOUNCER SPOKE TOO FAST FOR ENGLISH AUDIENCE STOP INCIDENTAL MUSIC SUBTLY APPROPRIATE EACH ITEM STOP ROOSEVELT LAUDED HERE SHARPLY REPROVING THOSE WHO HAVE APPLAUDED LYNCHING STOP IMPLIED CRITICISM OF ROLPH APPRECIATED AND APPROVED STOP MARCH OF TIME CERTAINLY GREAT...
...love has General Johnson for Henry Ford, the only major industrialist who has as yet refused publicly to kiss the rod of NRA. General Johnson's attempt to get even by having Secretary Wallace refuse the low bid of a Ford dealer on 1,600 trucks for the Civilian Conservation Corps was frustrated by Comptroller General McCarl (TIME, Nov. 6, 13). Last week General Johnson again tried by catch-as-catch-can tactics to throw Mr. Ford. Once again General Johnson was set back on his heels...
...exclusive investment or collateral lending policy and return to a basis of commercial lending. The period of fear is gone. The hysteria is past." To the convention with stronger language-language much less attuned to bankers' sensibilities-came R. F. C. Chairman Jesse Holman Jones, big-nosed politico-industrialist from Texas. Said he: "Hoarders of available credit are little better than hoarders of currency. You are afraid of a recurrence of conditions through which we have just passed. ... I ask, is it not time that we uncross our fingers and follow the President's lead? ... No one wants...
...political prestige, will have as his Undersecretary and mentor famed Gottfried Feder, the "Nazi Ideologist," inventor of the Party's distinction between two kinds of capital: raffendes or "grasping loan capital" and schaffendes or "creative industrial capital." In practice this distinction means that a Jewish lender or an industrialist who does not contribute to Nazi funds is liable to be denounced as a Shylock with raffendes Kapital while non-Jews and regular contributors-to-the-party are left unmolested with their schaffendes wealth. Last week Germany's tycoons, whose business is increasingly regulated by the Ministry of Economics...