Word: kappel
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Dates: during 1960-1969
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...Last year General Motors reported earnings of $1.459 billion on sales of $14.6 billion, more than any corporation anywhere had ever earned in a single year. Last week, however, an old champion regained the crown. Reporting on the twelve months that ended Nov. 30, A.T. & T. Chairman Frederick R. Kappel informed his 2,250,000 shareholders that the telephone company and its sprawl of subsidiaries had net income of $1.522 billion on operating revenues of $9.5 billion. "The Bell System," said Kappel with ringing understatement, "has had a good year." But still to be heard from is another Frederic...
...White House. So far, President Johnson has won a reception from businessmen that is cordial beyond anything lately experienced by a Democratic President. In homey speeches to them at White House meetings and in personal phone calls to such executives as A. T. & T. Chairman Frederick R. Kappel and New York Stock Exchange President Keith Funston, Johnson has appeared a friendly, conservative Chief Executive who understands business. It is not unusual to hear from businessmen comments such as those of Borg-Warner Vice President Judson Sayre: "You get sold on Johnson. If he conducts himself with not too many blunders...
...need the can-do spirit of the American businessmen," the President told the group, which is headed by A.T. & T. Chairman Frederick Kappel and includes such prominent executives as Henry Ford II, Roger Blough and Ralph Cordiner. "So I ask you: banish your fears, shed your doubts, renew your hopes. We have much work...
...Outpouring. U.S. businessmen have been bullish about the economy for many months, but President Johnson's plea for help, his take-charge demeanor and his conservative appearance seem to have released a whole new outpouring of great expectations for the economy. Said Fred Kappel after the Washington meeting: "We have undiminished confidence in the economic and moral strength of the country." In Manhattan the normally undemonstrative National Association of Manufac turers pledged Johnson its "loyal support and cooperation," then predicted that 1964 would be as good for business as 1963 has been. At a Florida meeting of the Investment...
President Kennedy's tax-cut proposals have got a generally small hello from businessmen. But in Washington last week 35 corporation heads-including Henry Ford II, U.S. Steel's Roger Blough, A.T. & T.'s Frederick Kappel and Chase Manhattan Bank President David Rocke feller-organized a "Business Committee for Tax Reduction in 1963." The committee's purpose: to stump the country on the President's behalf...