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Word: kaisers (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Cement & Thatches. Kaiser started in a small way-for him. He bought $3,000,000 worth of land bordering on Waikiki, created his own beach and artificial lagoon, and started work on his Hawaiian Village Hotel. In short order, he built 70 thatch-roofed units, a million-dollar 100-room hotel, a 1,000-seat convention hall, a 14-story, 260-room Ocean Tower, an aluminum dome for the convention over flow, and a $1.5 million, 13-story hotel. Now being finished are a pair of $5 million, 17-story hotels called the Diamond Head Towers, which will give...

Author: /time Magazine | Title: TYCOONS: Henry J.'s Pink Hawaii | 10/24/1960 | See Source »

...Kaiser is so bullish about Hawaii's future that this year he opened a $13.5 million Permanente Cement plant with a capacity (1.7 million barrels annually) just about equaling the present cement consumption of Hawaii. He is confident that new buildings will rise to use his cement, but his move got him into a feud with Hawaii's powerful Dillingham family, which owns a share of a huge cement plant. Kaiser has also built the $4 million Kaiser Medical Center, the islands' most modern hospital, has built two clinics and is planning a third to accommodate...

Author: /time Magazine | Title: TYCOONS: Henry J.'s Pink Hawaii | 10/24/1960 | See Source »

...Kaiser has made little money on his projects, which have been financed by loans and vast transfusions from his industrial empire. But he is confident that profits will come, is gradually paring down the traditionally high cost of Hawaiian construction by buying in large quantities, adopting efficiency techniques, using such local materials as coral (for cement) and volcanic cinder (for building blocks...

Author: /time Magazine | Title: TYCOONS: Henry J.'s Pink Hawaii | 10/24/1960 | See Source »

Trouble in Paradise. But not all has been smooth in paradise. Besides taking on the Dillingham family in what Hawaiians call "the Battle of the Millionaires," Kaiser has had a go at almost everyone. His pressure (usually successful) in pushing through zoning laws to suit his projects has angered many residents. He has tangled publicly with the doctors in his hospital (over their salaries), the Coast Guard (his $225,000 catamaran, since turned in for a smaller one, could not pass inspection for commercial use), the Hawaii Farm Bureau Federation (Hawaii Kai will replace large crop areas), the Hawaii Yacht...

Author: /time Magazine | Title: TYCOONS: Henry J.'s Pink Hawaii | 10/24/1960 | See Source »

Despite the squabbles, most Hawaiians look on Kaiser with the same mixture of awe, fascination and affection that they accord their smoldering volcanoes. His capacity for work is enormous. He is up before 5 a.m., begins inspecting his projects almost immediately, keeps an active hand in his widespread interests by daily telephone calls to the U.S., where his son Edgar has taken over the main direction of the Kaiser empire. He is putting the finishing touches on a $1,000,000 house for himself on Maunalua Bay. It has a YMCA-size swimming pool, a restaurant-size kitchen, built...

Author: /time Magazine | Title: TYCOONS: Henry J.'s Pink Hawaii | 10/24/1960 | See Source »

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