Word: m
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Dates: during 1940-1949
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...consumer services" are still needed. "As long as these needs exist, we should not worry about having a 'mature' economy. We still have a frontier to push forward." When it was over, one delegate commented: "This was a damn good speech. I say that, and I'm an old Tory...
Radio. Directors of RCA promoted Frank M. Folsom, 54, from executive vice president to president, on the say-so of Chairman David Sarnoff, who has been doubling as president. A merchandising expert for over 30 years, Folsom was once a vice president of Montgomery Ward, served as assistant chief of Navy procurement for nearly two years during World War II, and joined RCA in 1944. Folsom, who will share top responsibility with Sarnoff (still chief executive officer), was full of beans about television. Said he: "Television is ... two years ahead of the most optimistic post-war forecasts . . . Today there...
...fight raged around Novelist E. (for Eileen) Arnot Robertson, who in 1946 was dropped as BBC's film critic after M-G-M charged that her reviews were "unnecessarily harmful." Because the movie company publicized its complaining letter to BBC, Miss Robertson sued for libel and slander and collected $6,000 damages (TIME, July...
...year later M-G-M persuaded a higher court that its letter was merely "fair comment," innocent of "malice." The court, reversing the decision, confronted Critic Robertson with a bill for $20,000 in costs -and her colleagues with the alarming possibility that they hold their jobs only at the pleasure of movie producers...
...last appeal-to the House of Lords. The goal: $28,000, the extra $8,000 to cover costs if Miss Robertson should lose again. Out went a distress message signed by five members. In their zeal, the critics hinted that Miss Robertson had been a victim of M-G-Malice. The studio promptly threatened libel action...