Word: mogul
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Dates: during 1950-1959
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...Sold to a group of bankers who lacked the Welch blend of virtue and hard-sell, the company made little headway after Dr. Charles' death in 1926. In mid-Depression, the ailing grape-juice industry was rescued by a Welch competitor, Jacob M. Kaplan, a self-made molasses mogul who had bought control of Hearn's department store in New York. After buying a small upstate New York winery in 1933, to supply Hearn's liquor department, quick-moving, fast-talking Jack Kaplan decided to concentrate on grape-juice production instead. He started an aggressive marketing campaign...
...with his wife and three children. To upgrade his social position, he joined Belgium's Royal Jockey Club, built up a stable of 35 thoroughbreds. From the owners' enclosure at Longchamps he has elbowed his way into the international set of Prince Aly Khan and French Textile Mogul Marcel Boussac. As his gentleman jockey-trainer, McLane hopes to hire his friend, Group Captain Peter Townsend, as soon as Townsend's R.A.F. service ends this summer...
...Marcus Loew, 58, whose father founded the original theater chain (which by U.S. court order is now a separate company) and merged three fledgling moviemakers into MGM. Arthur Loew attended Alexander Hamilton Institute and New York University ('18), enlisted in the Navy in World War I, found no mogul's job in the family firm when he got back, created the export department that now brings in some 40% of Loew's yearly income from films...
Director Alan Schneider very mistakenly points up this allegory by overdoing the buffoonery of the characters which the playwright satirizes, Prince Bounine, the materialist, acts like a cross between Robert Taylor and a crafty mogul out of Executive Suite. He seems too typically the European conception of Americans, and his two flunkies are just ludicrous. Prince Paul, played by Robert Duke, is merely innocuous, which may or may not imply what the French think of England...
...Daniel T. O'Shea, 51, onetime movie-mogul turned CBS vice president, was picked by RKO Radio Pictures' new owners (TIME, Aug. 1) to be president, succeeding Howard Hughes's longtime friend James Grainger. Born in Manhattan, Dan O'Shea set out to be a doctor, switched to Law (Harvard, '30). With the help of New Dealer Tommy Corcoran, O'Shea got his first job with RKO, where he made such a hit with RKO Production Chief David 0. Selznick that he was called to Hollywood as resident counsel. There, O'Shea...