Word: industrialists
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...Bernice Nicholls, wife of a polo-playing industrialist, swore that Broady invited her to his office once to hear a tapped recording of an alleged telephone conversation between her husband and ex-Ecdysiast Ann Corio. When Broady asked her if she would like him to make some more rec ords, she declined because, she said, "I was aware of the situation." (The Nicholls were subsequently reconciled, without Broady's dubious assistance.) ¶ Pepsi-Cola President Alfred N. Steele said that his telephone had been tapped without his permission or knowledge in 1954, when he was having "matrimonial trouble." Steele...
Talking Poor Mouth. Behind the Japanese businessman's broad smile lies an uneasy feeling. Said a Tokyo industrialist last week: "I regard the present prosperity as I do my stomach when it is full of rice. I can see it. I can feel it. Even so, I keep on wondering how long it will be before I am hungry again." Some...
When at last the rains returned to nourish the olive crops, the poorer townspeople of Santisteban were happy in a prosperity such as they had never known before. The rich were not so happy. In April 1949, the wealthy industrialist whom...
...California's oasis community of Palm Springs, the relatively modest (4,750 sq. ft. of floor space) $650,000 ranch house of Los Angeles Industrialist Robert McCulloch (power mowers, chain saws) was near completion after a year's construction. Big reason for the dream house's high cost: gadget-mad Bob McCulloch's departure from mere reliance on ordinary home appliances into pioneering a sort of householder's pushbutton paradise. Items: 1) beds that spring up and away from walls for easier sheet-tucking, 2) two bars with refrigerated drawers for glassware, perpetually cold...
Soak the Executive. Nobody offered any evidence that labor's rank and file duck overtime work to keep out of higher tax brackets, but many an industrialist feels that the up-to-87% bite out of top management salaries is harmful. "The effectiveness of the money incentive is being eroded by the tax rates in the upper brackets," said Crawford H. Greenewalt, president of E. I. duPont de Nemours & Co.; "there are signs among the younger men that promotion is a little less attractive than it used to be ... When a promising young business executive decides that...