Word: mouldering
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Dates: during 1950-1959
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Feat of Clay. The Symingtons' first home was a two-room apartment in Rochester, N.Y. Stu went to work in an iron foundry owned by his father's brothers. Starting near the bottom, as a chipper and then a moulder, he used to come home black with grime. At night he studied mechanical engineering at the Mechanics Institute, electrical engineering through the International Correspondence School. The year after he got married, Symington borrowed $250,000 from his uncles and started a business of his own, Eastern Clay Products Co., specializing in bonding clay for foundry molds...
...this day some of them remain convinced that his romance with U.E.W. was a bit of cynical expediency, however well it may have worked for Emerson Electric. The accusation overlooks Symington's authentic streak of respect for labor, which stems from his grimy days as a chipper and moulder in his uncle's foundry. Over the years, Symington has won the warm respect and esteem of the Electrical Workers' high-voltage President James Carey. "I have extremely high regard for Stuart Symington," says Carey, "and for extremely good reason-his record...
...three Democrats, four Republicans) to 4 (three Democrats, one Republican) vote, the subcommittee booted Bernard Schwartz. Throughout it all, Schwartz's chief defender had been the subcommittee chairman, Missouri Democrat Morgan Moulder. Next day Moulder resigned his chairmanship, to be replaced by Arkansas Democrat Oren Harris, chairman of the full House Committee on Interstate and Foreign Commerce. Schwartz characteristically repaid Moulder for his backing. Said he: "He turned out to be a weak...
...fixer.' " Added Schwartz: "Mr. Whiteside himself has been, and I believe still is, subject to disbarment proceedings." Schwartz's catalogue of evidence included a wire recording secretly made at his direction by his aide, Herbert Wachtell, while questioning Mack. The recording was kept secret from Chairman Moulder but was later turned over to Wayne Morse by Schwartz's lawyer-wife...
...Frank W. Jenks, 60, became president of International Harvester, succeeding Peter V. Moulder, president since May 1956, who reached Harvester's normal retirement age of 65 this week. Reserved and meticulous, Frank Jenks started with International Harvester as a clerk in Richmond in 1914, won a vice-presidency for his work bolstering time-payment sales to farmers as manager of Harvester's credit bureau, was named executive vice president when President Moulder took over. Jenks, who is also slated to succeed Chairman and Chief Executive John McCaffrey, now past retirement age, faces the task of shoring up International...