Word: merchantable
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Dates: during 1950-1959
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...Pont developed the first practical smokeless powder (1893), during World War I made a fortune supplying munitions to the Allies. After investing $49 million in General Motors, he borrowed $35 million more (1920) to save the company from bankruptcy, soon put G.M. back on its feet. Assailed as a "merchant of death" during the early '30s, Pierre began to plow wartime profits into peacetime research, developed many profitable new chemical products (e.g., Cellophane, nylon, synthetic rubber). Resigning as chairman of the board of directors at 70, he devoted himself to philanthropy and gardening...
...club gag. But Fowler took it seriously, and raked together the few known facts about this eccentric's eccentric. When he was not with his mock-worshipful pals, Sadakichi lived on an Indian reservation, posing as an Indian. Actually, he was the son of a German coffee merchant who had married a Japanese girl. His first name means "steady luck" in Japanese. Fields contended that it meant "Gimme some dough!" And Barrymore stoutly maintained that "Sadakichi is the mating call of rabid, though sacred monkeys, playing among the . . . towers of Angkor...
...majority of the questioned paintings have no signatures, and most were donated by James Cleghorn, a wealthy Winnipeg hardware merchant, who died in 1936. Of the supposed old masters donated to the gallery from the Cleghorn collection, which was once insured for $250,000, declared Eckhardt, all are either copies or outright fakes. Items...
Impossible Gesture. The Englishman most exhilarated was Harry L. Dowsett, chairman of an East Anglian shipbuilding firm, who has been canvassing Moscow for weeks. Dowsett called his $17 million contract (the only one signed and sealed) the "biggest single order for merchant shipping ever placed," but he carefully neglected to mention that it was a 30% smaller version of an order that has been gathering dust in the British Board of Trade (and in the Kremlin) since he first accepted it a year...
Even so, price cutting in the Square is less severe than in New Haven. One merchant, David Dean Smith, is offering Yale students a full 50 percent discount on all brands of records...