Word: merchant
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Died. Rear Admiral Giles Chester Stedman, USNR, 63, vice president of the United States Lines and former superintendent of the U.S. Merchant Marine Academy, a skilled skipper famed for his rescues at sea and for evacuating 1,400 people from Singapore aboard the refitted luxury liner America in 1942 while under Japanese bomber attack; of a stroke; in London. His oddest lifesaving exploit occurred off Ireland in 1939, when a Nazi U-boat torpedoed the British freighter Olive Grove only after waiting for her 33-man crew to escape in rowboats, then fired rockets to summon Stedman's liner...
...nearly as dexterous, proclaiming a "great balance" program of "grateful acceptance of aid without strings from both East and West." He has watched delightedly while Russia, Red China and the U.S. fought to be the first to lead Yemen out of the Arabian night. Last week Russia's Merchant Marine Minister Viktor Bakaev ar rived in Yemen to put Moscow temporarily in the lead. His task: to hand over a $15 million Red Sea port built by Russia...
While the players absorbed their bruises and Detroit and Chicago squared off for the Stanley Cup finals, the season's biggest winner turned out to be the family of the late Millionaire Chicago Grain Merchant James Norris, founder of hockey's richest dynasty. One son, Spectator-Sportsman James D. Norris (deposed front man for the hoodlum-hampered International Boxing Club), is co-owner of the Black Hawks, while another son, Bruce, and Daughter Marguerite are co-owners of the Red Wings. In the new, wide-open competition of professional hockey, the Norris clan has inherited a rewarding family...
...enemy Israel got off to a better start in African trade and aid, even with African Moslem nations. At one time, Israel had more diplomatic representation in Africa than all the Arab countries put together, still has trade missions at work all over. Israel trained Ghana's merchant fleet, helped develop Nigeria's water resources, Guinea's diamond mines, the construction industry in Liberia. Nasser's total aid to all of Africa: $7,000,000 to Somalia...
...rest of the festivities, was not broadcast over France's govern ment-owned radio-TV network. For to bacco has been a government monopoly in France since 1811, when Napoleon noticed an ostentatiously bejeweled woman at a Tuileries ball and then discovered that her husband was a tobacco merchant. That very night. Napoleon is supposed to have signed the decree nationalizing the weed, and a golden harvest has poured into France's treasury ever since. Ex plained one candid official last week: "We rake in $500 million a year in tobacco taxes - that...