Word: mccormick
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...delegate to the Republican Washington state conventions of '46 and '48, I feel compelled to say this: the Republican Party, as represented by Taft, Wiley, Smith, Hickenlooper, Cain, McCarthy, Martin, "Bertie" McCormick and Hearst, is on mighty thin ice. The weight of sound logic lies with the Joint Chiefs of Staff, the U.N. and Truman...
...Fowler McCormick, after breezing through Groton and Princeton, had joined the company as a $25-a-week factory worker in 1925, worked up through the engineering, accounting and sales departments to a vice presidency in 1934. He was president from 1941 to 1946 when Harvester smoothly shifted to wartime production of armored vehicles, shells and airplane cowlings along with peacetime farm equipment. When he was made chairman five years ago, directors changed the bylaws to let him keep the chief executive powers. McCormick decentralized the company's management, sparkplugged its $150 million postwar expansion, helped boost profits from...
...over the past 2½ years, weakened by an attack of virus pneumonia, McCormick was away from his desk for prolonged periods, missed directors' meetings time & again, left the job-but not the authority-of running the company to McCaffrey. This was presumably the chief reason the directors clipped McCormick of his power. Another reason, according to union gossip: the directors objected to McCormick's too-liberal labor policies. (Even with them, Harvester has been plagued by strikes by its Redline C.I.O. United Farm Equipment and Metal Workers union...
Harvester's new boss, 58-year-old Larry McCaffrey, is a company veteran. The son of a blacksmith, he went to work at 16 at Harvester, rose through the sales department (McCormick was his assistant), was made second vice president and a director after McCormick became president. For years, the "two Macs" worked as a team, and Mac McCaffrey wanted to keep it that way. Said he last week: "I asked [McCormick] to change his mind after the meeting. I will ask him again the first time...
Married. Ruth McCormick ("Bazy") Miller, 30, niece of Colonel Robert R. ("Bertie") McCormick and editor of his Washington Times-Herald until she quit in a dispute over policy (TIME, April 16), and Garvin E. ("Tank") Tankersley, 39, former Times-Herald assistant managing editor who was first exiled to the Chicago Tribune, fired a couple of months later; both for the second time; at Al-Marah, Bazy's Montgomery County, Md. estate...