Word: mutuals
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Dates: during 1940-1949
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Like many another able, honest politico, Governor Raymond E. Baldwin of Connecticut found himself last winter well on into middle age (52) with little or no money in the bank. Wherefore he decided-definitely, he said-to give up public life and work for Connecticut Mutual Life Insurance Company at $30,000 a year, with prospects of becoming president of the company at $75,000. But people wondered: could Ray Baldwin really bring himself to give it all up-a prospective seat in the U.S. Senate and further opportunities to serve his country in a great period of history...
Theodore ("The Man") Bilbo was as full of answers as a Quiz Kid. On Mutual's Meet the Press program last week, the Senator from Mississippi chattered like an angry chipmunk, made one admission he might regret in a cooler moment...
...more important than Crosby's proposition was its corollary: if other radio stars followed his lead with transcriptions, any independent station would be able to air talent that only networks can now afford. If Philco accepts, the show will probably go on over ABC or Mutual. The big networks, NBC and CBS, have too much to lose; large-scale transcribing could rip them apart...
...Moslem-Hindu riots: The army ought "only to be used for maintaining cleanliness, cultivating unused land and the like," the police "only to catch bona fide thieves." The most effective way to stop religious fights, he suggested, "is that one of the parties to mutual slaughter should desist...
...exactly love but mutual interests that drew W. R. Grace & Co. and Pan American Airways Corp. together. Grace wanted a better way to get South American wealth from the jungles to its ships on the coast; ambitious Pan Am saw much to be gained through Grace's contacts and capital. Result: Pan American-Grace Airways, organized in 1928 Panagra took on the job of flying the western coast of South America to Buenos Aires For a while Grace steamshippers and Pan Am airmen were happy together. But trouble soon developed between Panagra and one of its parents...