Word: kaisers
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Dates: during 1950-1959
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Last week it looked as if ODM had been too optimistic. Before a House Small Business subcommittee appeared several small businessmen, complaining about an aluminum shortage. Furthermore, they charged that the industry's Big Three-Aluminum Corp. of America, Reynolds and Kaiser-were discriminating against independent fabricators. Roger Widing, whose East Rochester, N.Y. company makes aluminum storm doors and windows, said that last year he received 336,000 Ibs. a month; now he is getting 75,000 Ibs. Widing suspected that the producers have been keeping their own fabricating divisions operating by cutting his supply...
When Henry Kaiser moved to Hawaii in 1954 and bought a $187,000 Kahala beach home, his announced intention was "to rest." While resting, he built a swimming pool beside his house in six days, suggested that the government build an island off Waikiki and announced a plan to put $110 million into new resorts. Last week H.J. began to back his words with actions. After a quick trip to Los Angeles to line up financing, consult with Architect Welton Becket and a representative of Conrad Hilton, Kaiser plunked down $491,000 for more beachfront, thus became Waikiki...
...site. If and when the government builds H.J. his island, he will rent it from the government and spend another $50 million there for hotels, an aquarium, convention hall and theater. Even then he does not intend really to rest. On the Kona coast 200 miles southeast of Waikiki, Kaiser plans to spend $40 million for hotels, a yacht basin, hillside homes, fishing boats. Said he: "There's a need for more vacation facilities-a human need. When I was 22 I decided Florida would never develop a tourist business and passed up a chance...
...increase over last year. But the independent automakers were still having a tough time. Stude-baker-Packard has not yet announced its earnings for the quarter, but did report that only in March, the last month in the quarter, it had managed to operate in the black. Kaiser Motors, however, an almost chronically profitless independent automaker, earned $1,207,113 during 1955's first quarter, v. a loss of $7,509,340 in the same period a year...
Back in turn-of-the century days, when the Germanic Museum was first planned, German-American relations were at a peak. Gifts from Kaiser Wilhelm II and other Germans were warmly received by Harvard officials. Adolphus Busch, St. Louis beer magnate and the museum's chief financial benefactor, could comfortably proclaim, at an elaborate 1912 cornerstone ceremony, the on vocation, "Forever live the good entente between Germany and the United States." Five years later, just as major work on the museum was completed, America entered World...