Word: merritts
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Dates: during 1960-1969
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...down on executive expenses and to weed out excess or unproductive management, the executive's usual penalty in times of falling profit margins is a pay cut. Douglas Aircraft Co. recently reduced salaries for all employees making more than $12,000 a year by 5% to 25%. After Merritt-Chapman & Scott omitted the quarterly dividend, Chairman and Chief Stockholder Louis E. Wolfson-who can well afford a pay cut-gamely announced last week that he will not accept any of his $100,000-a-year salary until profits pick up and the dividend is resumed...
...Berlin airlift. In 1958 the Air Force transported 8,000,000 Ibs. of equipment and 8,000 troops to Lebanon; last February it airlifted 1,000 tons of supplies to earth quake-ravaged Agadir in Morocco and, in recent months, gave a repeat performance in devastated Chile. Says Colonel Merritt in proud understatement: "It's just routine...
...days of nonstop flying, U.S. transports brought in some 7,000 U.N. troops, carried away some 10,000 refugees. Says Lieut. Colonel Frank Merritt, in command of operations at the Leopoldville end: "The boys have been at it long, hard hours, and so have the planes. Some of my boys have had to go 36 hours without sleep. Our Hercules planes have had remarkably little maintenance -they're the best damn planes we've ever...
...passengers, takes less runway than even a DC-4 and, at a pinch, can get in and out of airstrips only 2,000 ft. long. It has self-contained air starters for its turboprop engines and therefore does not need ground power-a vital factor in equipment-short Congo. Merritt's men sleep when and where they can-in hangars, machine shops, the planes themselves. They have been joyfully received in the Congo, and ground personnel as well as Congolese volunteers help in the unloading without pay. There have been no accidents and no real flying hazards...
...Note: The drive to the picturesque Stratford grounds by the Housatonic takes just under three hours via the Massachusetts Turnpike and Exit 53 from the Merritt Parkway. There are free outdoor facilities for picknickers...