Word: larson
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Dates: during 1940-1949
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...twelve months lean, hard-bitten Charles M. White, president of Republic Steel Corp., has been playing two-handed poker for gigantic stakes. His opponent: War Assets Administrator Jess Larson. The stakes: the Government's $28 million Cleveland blast furnace and coke plant, one of the world's largest...
Ante & Ace. Last winter, when Larson asked Republic and other would-be operators to ante up, White offered to rent the 450,000-ton blast furnace and 382,000-ton coke plant for a minimum rental of $300,000 a year. "Not enough," snapped Larson. Charlie White decided to stand pat. Larson offered the plant to Republic for $2,500,000 a year and White turned him down flat. Larson then offered to arbitrate the price but White refused. Then, early this month, White played some aces. With only a few weeks for his interim lease to run, he threatened...
...Larson had some good cards in his hand, too. Last week, he abruptly stopped haggling with Republic, turned to Henry Kaiser, who had once shown an interest in the plant. Asked Larson: Would Kaiser be willing to pay a minimum rent of $800,000 a year? Kaiser, who needs steel for his Kaiser-Frazer automobiles and knows that he can swap pig iron for it, jumped at the offer...
...others are Emery Larson, of Yale, and Richard Meryman, from Williams. Princeton's coach, Dick Coleman, will direct the North squad with the Crimson's Bob Maddux as assistant coach...
Matt Pepard defeated Jeff Knight for the 145-pound crown, Bob Larson took 125-pound honors by beating Al Lichacke, and Page Anderson took a narrow decision from Jeff Moore to become champion in the 165-pound field...