Word: motoring
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...President Joseph R. Vogel, agreed on a slate to be presented to the stockholders. The tentative lineup: six directors for management, six for Tomlinson's group (including Tomlinson himself), with the all-important 13th director still to be decided. ¶L. E. ("Doc") Briggs, gregarious treasurer of Ford Motor Co., will retire Jan. 31 on his 65th birthday after 42 years with the company, be replaced by publicity-shy J. Edward Lundy, former member of the Princeton economics faculty who joined Ford in 1946 after a World War II stint as financial analyst for the Air Force. Doc Briggs...
...liquid fuels, which the Navy considers too dangerous and undependable to use in a submarine, the Polaris will have a solid propellant. It may be launched directly out of a special compartment in the submarine, or it may be released and allowed to float upward before its main motor ignites. Perhaps the submarine will have raised some sort of antenna above the surface to steer the missile on its course by radio after it has risen from...
Only three weeks had passed since the University of Michigan announced that the Ford Motor Co. and the Ford Motor Company Fund had given it 210 acres, including the home of Henry Ford, and $6,500,000 to start a branch college at Dearborn (TIME, Dec. 24). Last week Arch Rival Michigan State University of East Lansing announced a windfall of its own-the 1,400-acre Oakland County estate belonging to the widow of Auto Tycoon John Dodge and her husband, Lumberman Alfred G. Wilson. In addition, the Wilsons were kicking in $2,000,000 to endow an M.S.U...
Died. Stewart McDonald, 78, founder and president (1907-28) of the old Moon Motor Car Co., Federal Housing Administrator from 1935 to 1940; of pneumonia; in Manhattan...
Under Piasecki's direction, and with the aid of lavish government subsidies, PAX blossomed into a sprawling industrial and propaganda complex. It published magazines and books, controlled factories producing everything from shoes to metal goods, ran its own motor pool, its own high school and hospitals. It also had a lucrative monopoly of the sale of devotional items and religious literature in Poland...