Word: mellone
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...small as it is precocious, Carnegie's G.S.I.A. was launched just 15 years ago with $6,000,000 from the late William L. Mellon, then board chairman of Gulf Oil. Now almost twice as rich the one-building school holds itself to 125 students and 35 professors (average age: 34). The school's renown comes from its stress on "scientific decision making"-a systems approach to orchestrating companies by using the most advanced technological tools. Such gelt-edged Gestalt, said one British economist in a recent assessment of J.S.^business schools, has made Carnegie "the one with...
Flexible Managers. Founder Mellon required all applicants to have undergraduate degrees in math, science or engineering. Master's students get a basic two-year dose of law, economics, politics, psychology, sociology, statistics and writing, plus more math and science. The goal, says Dean Richard M. Cyert, 40, a top scholar of statistical sampling,' is "men flexible enough to accept future challenges...
...comprehensive is the Mellon Collection's display, in fact, that inevitably a part of London's tabloid press, the tch, has screamed about how Mellon "raided our stately homes." The London Times had a far more just and accurate view. "This is a collection that has been made from both the head and the heart, brought together with intense personal feeling and pleasure. This collection is not so much to be envied by the English as to be welcomed as a worthy ambassador from England...
...severe storm at sea. Critics called the resulting painting "a mass of soapsuds and whitewash." Turner protested: "I wonder what they think the sea is like," and the modern eye can readily see the inner turmoil and thunder. DEVIS. What stands out in the arr represented in the Mellon Collection is the quality that Historian G. M. Trevelyan called "the fullness of life . . . Perhaps no set of men and women since the world began enjoyed so many different sides of life, with so much zest, as the English upper classes at this period." Painters like Arthur Devis...
...Pittsburgh. He did well enough to be offered a Consol job by George Humphrey, who was then heading Consol for its principal shareholder (now 21%), M. A. Hanna Co. Love succeeded Humphrey as president, in 1945 forged together the best of Consol and the best of Pittsburgh Coal (a Mellon interest)-two companies that between them had lost $100 million in 15 years. Breaking into the black, he cut off unproductive mines, found new coal customers among steel mills and utilities to replace fading markets among dieselized railroads and oil-burning homeowners, and automated until the most efficient Consol mines...