Word: laughlins
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...idea of Perspectives was presented to the foundation by James Laughlin, 37, great-grandson of the co-founder of Jones & Laughlin Steel Corp., and founder and angel of the avant-garde book publishing house, New Directions. Laughlin will be publisher and straw boss of Perspectives, but "to avoid any taint of cultism," each issue will have a different editor. Such critics and writers as Lionel Trilling, R. P. Blackmur, Malcolm Cowley, Jacques Barzun, Harry Levin and Mortimer Adler have already agreed to sit in. The foundation is setting aside $500,000 for Perspectives for the first three years, will print...
...Brady (Y) def. Elliott (H) 15-10, 15-11, 15-10; Lacheller (Y) def. Browne (H) 11-15, 12-15, 15-10, 15-13, 15-12; Bush (Y) def. Tomes (H) 16-14, 15-9, 15-13; Ward (H) def. Laughlin...
...Manhattan last week, Jones & Laughlin Steel Corp.'s Chairman Ben Moreell stood up before a special Wage Stabilization Board panel which is trying to decide if 650,000 of the nation's steelworkers are entitled to another wage boost. Said Admiral Moreell (ret.): the union's demand for an 18½? raise plus fringe benefits which are estimated to bring the total raise up to 50? an hour would set off such a wave of rising prices that it would probably cost Jones & Laughlin $95 million a year, $10 million more than all of its 1951 earnings...
...mock alarm at the inflationary consequences of wage boosts, Murray pointed out that Jones & Laughlin Vice President Charles L. Austin, who was made President two weeks ago, recently was raised from $55,000 to $70,000. How did Moreell justify this raise under the circumstances? "Phil," cried Moreell, who is personally fond of Murray, "that is one of the best things I have done!" Snapped Murray: "If it's good for Mr. Austin, why isn't it good for Joe Doakes? . . . Now Admiral, do you think that Mrs. Celinsky, over on the South Side, gets any more groceries...
...than a desk, a chair and an idea. One of the eager idea-men is Marc Frederic, 40, an ex-department-store buyer who was short on cash but long on inspiration. Luckier than most, he joined forces two years ago with Gifford Phillips, an heir to the Jones & Laughlin steel fortune, who had both money and the conviction that film was going to be the biggest thing in television...