Word: occidentale
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Established in 1928, the Harvard Yenching Institute, administers a fund established under the will of Charles M. Hall, of Niagara Falls, New York. The purposes of the Institute are to early on for properly prepared Chinese and Occidental Scholars, research and educational work of the type appropriate to a graduate...
U. S. Presbyterian mission boards, North and South, spend more than $300,000 a year to support a Korean Presbyterian Church with 100,000 members. The Japanese Government feels less sure of Koreans than it does of Japanese, worries more about their exposure to Occidental influences. Increasingly in the past...
Amadeo Peter Giannini of San Francisco sits on top of a great banking pile. His Bank of America has 492 branches in California. Mr. Giannini also controls some 60 other banks and branches in other Western States. His Transamerica Corp., bank holding company now being renovated as an investment trust...
But Transamerica never confined its holdings to banks. It has a portfolio of listed common stocks. And it controls Occidental Life Insurance Co. Indeed, insurance, a business which is not unlike banking in that it is largely concerned with the collection and investment of savings, has long been a prime...
Last week Sears, Roebuck's Wood announced that Hercules Life had been sold to Occidental Life. The price: a secret, at least until approved by authorities. Hercules had been "doing all right," said General Wood, but "you can't sell life insurance through a catalogue."