Word: millions
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Dates: during 1960-1969
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Knowing exactly where they stood, the companies could say to their banks: "We are going to be compensated. Can we have money to start to diversify?" The "Snarr Plan" would cost some $500 million and offensive billboards would vanish in a few years...
...commands such a ban-and Snarr stoutly insists that "when a law is enacted, it ought to be implemented." Second, if the law is ever funded, all billboard men who are put out of business by the act will be compensated-to the tune of $3 million in Snarr's case. A fervent capitalist, Snarr would like to start again, maybe in restaurants...
...Snarr Advertising had moved to Salt Lake City, boasted assets of $3.5 million, annual revenues of $800,000. Then the Beautification Act was passed. "My heart sank," Snarr recalls, "and the next week my bank called in a loan...
Despite its logic, the Snarr Plan will not be tested until a bill introduced by Utah's Senator Frank Moss is passed to authorize $15 million for a pilot sign-removal project in several states. Snarr is lobbying hard for it. Even hardened Congressmen find him irresistible. Speaking before the Senate subcommittee on roads last June, he explained his plan and exalted "the inspiration of America." The Senators were spellbound; John Sherman Cooper of Kentucky was reportedly on the verge of tears. Last week the subcommittee approved the Moss bill, which now goes to the floor for the consideration...
Married. Karim Aga Khan, 32, spiritual leader of 20 million Ismaili Moslems and one of the world's wealthiest men; and Lady Sarah Crichton-Stuart, 29, stunning British divorcee and model; in a private civil ceremony, in Paris. The couple will be married again this week in an Ismaili Moslem ceremony in Paris...