Word: lesters
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Dates: during 1950-1959
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Last week two more industrial giants announced their future plans. Chrysler President Lester Lum ("Tex") Colbert said his company will spend more than $1 billion over the next five years for new plants and automated equipment. To express "our confidence in the economic outlook," Standard Oil (N.J.), the world's biggest oil company, announced that in 1956 it will spend a record $1.1 billion on expansion: 50% on searching for new oil, 25% on refineries, and the rest for new transportation and marketing facilities to get its products to consumers. Little Man Beware. In Wall Street there are still...
Wolff's exit was quickly followed by the other tutoring schools. Only twice since then has any one tried to resurrect some of their services. The first attempt was Lester S. Cramer's efforts to revive the remnants of the Parker-Cramer school from a Boston office in 1948. The second attempt, revealed last week, concerned a thesis-writing service which called itself "Editorial Consultants...
Canada's External Affairs Chief Lester Bowles ("Mike") Pearson, in Moscow last week for a good-will visit with top Soviet officials, found time for one item of business: an agreement to start preliminary talks for a new Canadian-Soviet trade treaty. The Moscow press, hailing the latest evidence of the spirit of Geneva at work, announced that Soviet negotiators would leave soon for Ottawa...
Canada's peripatetic External Affairs Chief Lester Bowles ("Mike") Pearson, bandying spirit-of-Geneva small talk with Soviet big shots during a social visit to Moscow last week, clinked champagne glasses with Deputy Premier Lazar Kaganovitch and pitched a slow-curve bon mot: "We in Canada have an interesting geographical position in the world-between the Soviet Union and the United States . . . You might say we are the ham in the sandwich." Suggested Kaganovitch politely: "Or perhaps a good bridge?" "Well," agreed Pearson, "perhaps that's a nicer way of putting...
Wheeling out the 1956 Plymouth, Dodge, DeSoto, Chrysler and Imperial passenger cars at a party for the press this week, Chrysler President Lester Lum ("Tex") Colbert sounded a challenge to the other automakers. Said Colbert: Chrysler Corp., which captured 18.1% of the automobile market in the first seven months of 1955, is "out to get 20% of the automobile business, and more...