Word: interests
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Dates: during 1940-1949
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...Hughes fortune, which now amounts to about $145,000,000. The bit is leased, not sold, and accounts for some 75% of the rock bits used in drillings all over the world. The present Hughes enterprises include Hughes Aircraft at Culver City, Calif.; Hughes Productions (movies); a controlling interest in Transcontinental & Western Air, Inc., and a brewery, the largest in Texas. There is an exceedingly large but unknown amount of cash out of which Howard Hughes paid for his RKO stock. The net income of Hughes Tool, the parent company, is estimated at $8-10,000,000 a year...
...Black. Howard Robard Hughes Jr., an only child, was born in Houston on Christmas Eve, 1905. At the age of three he showed his interest in gadgets by taking pictures with a box camera. Later he showed his inordinate persistence by practicing on the saxophone at all hours of the day & night, until he had mastered it. Young Howard and his playmate, Dudley Sharp (son of Hughes Sr.'s partner), built a wireless set, mostly out of old doorbell parts and other junk. When Howard asked for a motorcycle and was refused, he made a motor...
...seasons. "A reckless and irresponsible decision," said the President, pointing out that TVA supplies power for the Oak Ridge atomic plant. He signed the bill to extend the terms of AEC commissioners for two years, but declared that "the refusal of the Republican leadership to put the public interest first. . . invests the atomic energy program with an aura of uncertainty and partisan politics." (He did not recall that he had set Republican teeth on edge by insisting that Chairman David Lilienthal be reappointed for a five-year term...
...need Thy help to do something about the world's true problems-the problem of lying, which is called propaganda; the problem of selfishness, which is called self-interest; the problem of greed, which is often called profit; the problem of license, disguising itself as liberty; the problem of lust, masquerading as love; the problem of materialism, the hook which is baited with security...
...parlayed a basement shop in Somerville, Mass. into a national institution. Fuller made his brushes by night, sold them by day. In 1906 he moved to Hartford, got a helper. When retail stores refused to handle his brushes, he got his first salesmen. He has taken a paternal interest in them ever since; all his district managers are former salesmen. When son Howard left college (Harvard and Duke), he peddled brushes for a year to learn the business...