Word: motoring
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...market. Each time, the rumors were false. Last week the rumor was going around again, and this time Henry Ford II conceded that it was "pretty reliable." However, said Henry Ford II, "the stock which may be put up for sale is owned by the Ford Foundation. The Ford Motor Co. is planning no sale of stock." Four Ford Foundation trustees* are now studying ways and means to put Ford stock on the open market...
...little (pop. 500) Royalton, Minn., Vernon J. Pick was a successful small businessman. To expand his electric-motor-repair business, he had put in $40,000, all the money he had. Then disaster struck. His plant burned down, and it was insured for only $13,500. He collected the insurance money, sold his house and all its contents, and with his wife set off in a small truck and trailer for a Mexican vacation. Says Pick: "I figured it would be thelast one I'd have for some time...
Last week Hutchins created a new office of fund vice president and named the man to fill it: Public Relations Man W. H. ("Ping") Ferry, 43, son of Packard Motor Car Co.'s onetime Board Chairman Hugh J. Ferry. A former teacher and newsman, Ferry worked with the International Labor Organization, OPA and the C.I.O.-P.A.C. during New Deal days. In 1945 he joined Manhattan's public relations firm of Earl Newsom & Co., where his duties included writing speeches for Henry Ford II and doing "think work" for the Ford Foundation. He is, says Hutchins, "the kind...
Smiling mistily, Herbert Clark Hoover rode into West Branch at the head of a long motor caravan, finally wound up the ceremonial schedule amid the bunting of Hoover Park, hard by the three-room frame house where he was born Aug. 10, 1874. At speechmaking time, he was eulogized by Iowa's Governor William Beardsley and Illinois' Governor William Stratton, awarded his 80th honorary degree (Doctor of Laws from the State University of Iowa), and praised in a letter from President Eisenhower ("I look anew, and with ever-increasing admiration, upon your distinguished career"). Then Herbert Hoover stood...
...slouch along the bar at the Excelsior Hotel. There, like swarms of gnats, come the hundreds of little middlemen, promoters, rumor touts and inside-kiters who do the dizzy business of making Italian movies. And in the oleander evenings, while the Roman sky turns blue and gold, the "wasps" (motor scooters) snarl through the Via Veneto, and oldtimers sip their Camparis and indolently speculate on the future...