Word: merchant
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...held a series of odd jobs, including a spell as a pastry cook under the famed French Chef Escoffier at London's Carlton Hotel. In Paris, Ho worked as a gardener and photo retoucher. In 1917, so one account goes, he worked his way across the Atlantic as a merchant seaman, visiting New York, Boston and perhaps San Francisco. One source says that Ho worked briefly as a waiter in a Harlem restaurant. Back in Paris, he resumed contacts with other nationalist-minded Asians, and found himself increasingly attracted by the rosy ideals of international Socialism. In 1919, Ho rented...
...about the recent flight of major firms to less congested sites on the other side of the Bay. Last week San Francisco's Board of Supervisors removed the last obstacle to construction when it granted Transamerica the right to close off and build upon a short stretch of Merchant Street. Now Transamerica has the ground footage it needs, and construction is scheduled to start late this fall...
...member party of sailors, scientists and newsmen, the 1,005-ft.-long tanker S.S. Manhattan eased out of her berth on the Delaware River near Chester, Pa., and set her course northward toward Greenland. From there the 115,000-ton ship, the most powerful in the U.S. merchant fleet, will turn westward into the passage itself, heading for Prudhoe Bay and the oilfields of Alaska's North Slope. Her mission is to test the feasibility of using supertankers to carry Alaskan oil to the markets of the U.S. East Coast. If all goes well, the Manhattan will make...
Part of the reason for the Greeks' success is that they have been willing to begin by using old, rickety ships. The Greeks were also helped by the U.S. Government, which, aiming to revive Greece's merchant marine after World War II, sold them 100 Liberty ships on easy credit terms. Many of the ships were delivered just before the Korean War sent freight rates soaring. Later, in the wake of the 1956 Suez crisis, the Greeks were among the first to order supertankers, which cut costs on the long trip around the Cape. The investment has paid...
...Costas Lemos, 60, is by far the wealthiest of all Greek shipowners. His net worth: about $750 million. At the end of World War II, he owned a shipping line, but no ships at all. The war had destroyed 70% of the Greek merchant fleet, including the three Lemos vessels. To replace them, Lemos bought three U.S. Liberty ships at cut-rate prices. Like many other Greeks, he has devised quite a few new methods and designs, including a combination liquid-dry cargo ship that can haul a load of oil on an outbound voyage and return with a cargo...