Word: industrialists
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...time as Premier he brought to the province about 40 industrial projects worth nearly $2 billion. Trouble was, Joey often did not much care where the money came from or how it was spent. He guaranteed loans of $121 million for his crony John Doyle, a Chicago-born industrialist who once jumped bail in the U.S. rather than serve a jail term for violating Security and Exchange Commission regulations. (Joey's answer to criticism of Doyle: "Whoever became a millionaire by teaching Sunday school?") In recent years, Smallwood grew increasingly dogmatic. Once, when a minister rose in the legislature...
...whatever that was worth. In Washington, meanwhile, President Nixon appointed Robert S. Ingersoll, 58, chairman of the Borg-Warner Corp., as the new U.S. Ambassador to Japan to replace Armin Meyer, a career diplomat. Ingersoll has no foreign policy experience, but he is a driving, early-to-work industrialist who has built a family-controlled Chicago manufacturing business into a $1.2 billion conglomerate with global interests, including five joint ventures in Japan. The Japanese will find that Ingersoll has a passion for detail, a Nixonian conviction that the U.S. must not be "outsold" in world markets and, in contrast...
...Industrialist Ferdinando Innocenti had an idea that put a nation on wheels. He made a stubby, inexpensive motor scooter: something more than a bike but less than a motorcycle. He called it the Lambretta, and Italians, too poor to buy autos, rapidly embraced it as their family vehicle. Premier Alcide de Gasperi boasted before he died that his regime had "given the motor scooter to the people." Pope Pius XII once publicly praised the motor scooters for "raising the level of life of the social categories who cannot buy more costly means of transport.'' Archbishop Giovanni Battista Montini...
Born. To Dr. Christiaan Barnard, 49, South African heart surgeon and transplant pioneer; and his second wife Barbara, 21, daughter of a Johannesburg industrialist: their first child, a son; in Cape Town...
...greatest problem is money. California industrialist Norton Simon is his sole major contributor, coming with around $40,000. McCloskey has had to turn elsewhere to supplement these funds. An ad in a recent New York Times proclaimed: "Pete McCloskey would rather have his campaign financed by 10,000 people who want to participate directly than by a few big spenders. It's an old-fashioned, Democratic idea...