Word: maker
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Dates: during 1960-1969
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Charles Willson Peale, for all his fame as a portrait painter, was a practical soul. He started his adult life in the 1760s as a saddle maker and clock mender, switched to portraiture only after he discovered that he could earn as much as ?10 per painting, which was much "better than with my other trades." When he went to London to perfect his technique with Benjamin West, he was irritated by the highflown esthetic palaver that he heard. "It is generally an adopted opinion," he noted disdainfully, "that genius for the fine arts is a particular gift...
...long career, the Most Rev. Fulton J. Sheen was best known as a maker of famous converts and a magnetic television preacher. He never had to bother with pastoral duties. Inevitably, after Pope Paul VI named him Bishop of Rochester, N.Y., last November, the question arose: How would the celebrated Catholic evangelist perform as head of a modest diocese? "Spectacularly well" seems to be the answer...
...doubts about how the big maker of tiny transistors and integrated circuits will do in 1967. The rate of new orders has "declined appreciably," so he ordered a temporary cutback of sorts in his Dallas plant: normal eight-hour work shifts were shortened by precisely 30 minutes...
...Morris). Now American is beginning to catch up with the trend, which began with the health scares of the late 50s, to ward profitable acquisitions as a hedge against poor cigarette sales prospects. Last May, American took over Sun shine Biscuits, Inc., the nation's second largest biscuit maker, in a $113 million stock swap. Last month it bought 96% control of Chicago's James B. Beam Distilling Co. for some $110 million. Two weeks ago, it agreed to buy 52.66% control of Buckingham Corp., which distributes Cutty Sark Scotch in this country, from Schenley for some...
Fourth Largest. The new firm, to be run by McDonnell and to be called the McDonnell Douglas Corp., will be the fourth largest U.S. aircraft maker-after Boeing, North American Aviation and Lockheed. The merger will produce benefits for both partners. McDonnell, which has always built military aircraft, will be able to spread its product line, increase its earnings with such well-regarded commercial airplanes as the Douglas DC-8 and DC-9. And Douglas, with McDonnell's backing, should now be able to get loans of about $400 million that bankers were loath to make because of Douglas...