Word: lindberghs
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...fast-dealing week for AVCO and a turning point in its short (17 years), fantastic, often odorous history. Germinated by the wild enthusiasm for anything with wings that followed Lindbergh's transatlantic flight, AVCO sprouted from gilt-edged seed (Lehman Brothers; Brown Bros., Harriman and Co., etc.) in March 1929, as a holding company for all branches of aviation. For a time it flew high, controlling 81 corporations. But soon it crashed into such a welter of squabbles, proxy fights and plain bad management that Wall Street quipped: "AVCO was begotten in sin and carried on in seduction...
...Past. In 1940 another American idol had proclaimed: "Cooperation is never impossible when there is sufficient gain on both sides." It had taken some Americans quite a while to find out that Charles Lindbergh was offering them a counterfeit...
...Like Lindbergh, Wallace is also an earnest and sincere man and, in a number of respects, also a symbol. Americans rarely know their Secretary of Commerce, but they know Wallace-or think they do. Everybody knows a little bit about him, but very few know the complete man. In the aggregate they admire, respect, hate or ridicule him. Almost all are either puzzled or dismayed by him, and wonder how he ever got to Washington-forgetting that he would probably never have been there except for Franklin Roosevelt's penchant for collecting men of all shades, types, opinions...
...exceptions missed by the Tribune in its head-down dash through history: 1) the Lindbergh kidnapping case, where Bruno Richard Hauptmann was named before confession or indictment; 2) the murder of Manhattan Model Veronica Gedeon by Robert Irwin; 3) many another murder where witnesses have been able to name the killer...
...Appointed himself an investigator of he Lindbergh kidnaping, working with two Brooklynites who, for a time, were Charles A. Lindbergh's emissaries to the underworld...