Word: millions
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Dates: during 1950-1959
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Still to be completed, among other projects, are the marble interior of the shrine, eleven chapels which will project from the outside of the building, and some 20 altars within. Catholics will have contributed more than $30 million by the time the shrine is completed ($18 million has been raised so far). Says Monsignor Thomas J. Grady, fifth director of the shrine project: "God was good to us. In the five years it took to build the upper church-with as many as 200 men a day working 200-300 feet up-no one was killed or seriously injured...
...draws them: families-in-residence are discouraged and classes follow the troops. During his year in the program, a lecturer (the same title for all) can end up teaching in four or five countries. In his ten years, the program's Dean Ray Ehrensberger has flown almost a million miles...
...more years, Bixler tried to climb the hill. He finally made it in 1952. Today Colby has 27 Georgian buildings, a plant valued at $15 million. Enrollment has hit 1,180. From 53 teachers, the faculty has increased to 113. Faculty salaries have gone...
...that. Through its stock holdings, Alleghany has 17% working control of the New York Central Railroad, plus 50% ownership of the Missouri Pacific Railroad. The Central also owns more than $500 million in Manhattan real estate, including the Park Lane, Commodore, Biltmore and Barclay hotels, plus several blocks of Park Avenue land. Biggest plum of all: Alleghany's 47.8% control of Investors Diversified Services, which manages five mutual funds whose combined assets total about $3 billion. This great Alleghany complex, says Sonnabend, "has been static since Robert Young died. It needs new vitality and dynamism...
Such practices make railroads the most egregiously featherbedded industry in the U.S. Not all examples are so flagrant, but the railroads declare that featherbedding costs them $500 million a year. Now, in the middle of negotiating new contracts, the roads have served notice that they intend to replace the feathers with some spine-stiffening substitutes -at the risk of a strike...