Word: ladders
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Dates: during 1960-1969
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Died. William White, 70, chairman of the Erie Lackawanna Railroad since 1963, a survivor of the days when rails, not planes, carried the U.S. public, who started out at 16 with the Erie, climbed the traditional ladder to the presidency of the New York Central in 1952, only to be forced out two years later in a raucous proxy fight, then moved on to the Delaware and Hudson and the Erie Lackawanna, which he highballed from a $17 million loss in 1963 to a $6,700,000 profit last year; of a heart attack; in Cleveland...
...tried speculation (South American mining shares), and was soon saddled with a load of debts that plagued him nearly all his life. He took to writing, but his first novel, Vivian Grey, scandalized the haul monde, without winning a large public or making much money. Politics became his ladder of last resort. Even then he slipped four times on the first rung before finally winning a seat in Parliament on his fifth...
...clock every morning, works from 6 a.m. to 6 p.m., often comes into the office on Saturday. His successor as president is another nose-to-the-grindstone ex-accountant, Executive Vice President A. Carl Kotchian, 52, a North Dakota-born finance specialist who has followed Haughton up the corporate ladder. In fact, Lockheed's management has been in lock step for several years, with Haughton (pronounced Hawton) serving virtually as Court Gross's alter ego, and Kotchian acting as Haughton's. Not surprisingly, Haughton says that the new shifts portend "no great changes" in the company...
Harvard was expected to be strongest yesterday at the top and bottom of the ladder, and that's what happened. Harvard's Gordy Black (five), John Harwood (seven), Michael Scheinman (eight), and Fritz Hobbs (nine) all won 3-1 decisions...
...five Williams players are all of about the same calibre, and the big battle with Harvard will probably come in the middle of the ladder--at positions three, four, and five. Harvard has lost injured number-two man Rick Sterne for the season, and that leaves Anil Nayar and Jose Gonzalez as Harvard's two big guns...