Word: money
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Dates: during 1920-1929
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...looks like a man of money. You would think him a financier, and not inaccurately. But he is also a power in the social and not wealth-despising Protestant Episcopal Church. His name is Monell Sayre. His eminence in the church began when it became apparent that Episcopalian ministers should be pensioned and famed Bishop William Lawrence of Massachusetts, stepping in where others had failed, raised $9,000,000. Bishop Lawrence's aide in that effort, then secretary, now executive vice president of the Pension Fund of the Protestant Episcopal Church, was and is substantial, trim-trotting Monell Sayre...
...pension adviser to the U. S. Federal Reserve system, to the Church of England, as well as to the Episcopal Church. Present assets of the Protestant Episcopal Church Pension Fund are $25,000,000. Offices are at No. 14 Wall St., Manhattan. Income on the Fund supplies the pension money. To become eligible for pensioning, an Episcopal minister must be 68, retired or disabled. The average pension: $800 per year...
Last week, Monell Sayre went to a conference at the Church of the Heavenly Rest, one of Manhattan's newest, most expensive churches. The subject was not money but the "mystical element in the Christian faith." Pension Expert Sayre was the only lay speaker. He talked not on dollar-getting, but on "Mysticism to a Business Man." More and better preaching was what Mr. Sayre wanted. Parsons had propounded too much politics and social uplift, not enough mysticism, he said. What the workingman needed was an awareness of God. Said he: "If you try to talk Christianity to industrial...
...Goodyear Tire & Rubber had visited Friedrichshafen, home of the Zeppelin Luftschiffbau, where dirigible-building is an adult profession. Mr. Litchfield, who long before the War had induced Goodyear Tire & Rubber to build balloons, saw opportunity in dirigibles. He dickered with Dr. Hugo Eckener, as usual in need of construction money, for the American rights to build rigid airships and for the loan of some Zeppelin technical men. The Goodyear men incorporated Goodyear-Zeppelin Corp. The Zeppelin Works got a minority block of its stock. Dr. Eckener became a director/ Most important for the U. S. company was the transfer...
Because Germany's great aircraft builder Dr. Claude Dornier frankly told the right U. S. industrial leaders last spring that he needed money to expand his manufacturing plants at Friedrichshafen, General Motors' President Alfred Pritchard Sloan last month went over to Friedrichshafen with a staff of engineers. They looked over the Dornier plant, machines and blue prints. They saw the 12-motored Do-X, which last fortnight carried 169 passengers over Lake Constance. Result was that Mr. Sloan bought for General Motors the licenses to manufacture Dornier planes in the U. S. General Motors lawyers immediately busied themselves...