Word: industrialists
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...with yesterday's attitudes of mind, or whether to operate an up-to-date organization in modern conditions of affluence, where the object would be to produce as much wealth as possible and get a fair and increasing reward for an honest day's work. For the industrialist, the choice is whether to play safe, to divide up the market, to insist on restrictive practices, or whether to get out and take those risks which created British industrial supremacy in the first place and are the very basis of a free mercantile economy...
...sermon but never omit Communion. The Disciples have no confession or creed, and the divinity of Christ is their sole rule of faith. "Ever since the beginning, we've been scared to death that we'd arrive at a theology everyone would have to subscribe to," says Industrialist J. Irwin Miller, a lay Disciple and president of the National Council of Churches. "The heart of the movement is this great concern to preserve the freedom to arrive at one's own conclusions...
Pressed by more than $18.5 million in debts. Industrialist Hugo Stinnes Jr., 66, a freewheeling and individualistic magnate who in only ten years has built a diversified $100 million empire in machinery, ships, electronics, plastics, oil, and filling stations, has been forced to sell off some of his choicest holdings to Munich Banker Rudolf Münemann. At week's end Stinnes was brought into a crowded Bremen courtroom to answer a $4.5 million suit brought by a German mines association, which is trying to recover special compensations that the association claims were wrongly paid four years...
Though Texas Senator John Tower has been his front man, in recent weeks Senator Norris Cotton of New Hampshire and ex-California Senator William Knowland have boarded his bandwagon. In Ohio, Industrialist George Humphrey, Ike's Treasury Secretary, is drumming up business support. Canny Lawyer Herbert Brownell, Ike's Attorney General, has been turning up lately at Goldwater rallies. And enough money is rolling into Goldwater coffers to impress even a Rockefeller. "Hell," said a Chicago Republican after a draft-Goldwater meeting, "someone said something about money, and within ten minutes we had $375,000 pledged...
...their Schneider shares (about 8% of the total) to a Belgian group led by Baron Edouard Empain, 49, head of Belgium's big Electrorail holding company. The baron, whose family helped exploit the Congo for Belgium and promoted the Paris Metro system, is a grand-scale investor and industrialist with holdings in utilities, chemicals and electrical equipment. Last year he bought 20% of Mexico's Cesar Balsa hotel-and-construction group, whose properties include Manhattan's St. Regis Hotel. Already the baron has bought up 20% of Schneider's stock. But Liliane vows to keep Schneider...