Word: oliner
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...John M. Olin, boss of Olin Industries (Winchester rifles, Cellophane, chemicals), likes to hunt and fish. He has shot bear in Alaska, quail in Georgia, ducks in Louisiana, and he keeps a fishing lodge in the Bahamas. Thomas S. Nichols, fast-moving president of Mathieson Chemical Corp. (chemicals, petrochemicals, drugs), also likes the sporting life. Furthermore, the sportsmen's companies had much in common; one made products the other needed. On hunting and fishing trips together, Olin and Nichols wondered if the two companies could not profitably combine efforts...
Last June they set up, under joint ownership, the Matholin Corp. to produce Hydrazine, the "wonder" chemical used for rocket fuel, explosives, plastics, insecticides, etc. (TIME, July 20). The partnership worked so well that John Olin and Tommy Nichols decided to take another big step...
This week the directors of Olin Industries and Mathieson Chemical voted to merge into Olin Mathieson Chemical Corp. subject' to stockholders' approval. This would make it the fifth biggest U.S. chemical company.* The new giant has $500 million in assets. 36,000 employees, 43 plants in the U.S. and 16 in foreign countries, and is selling $500 million worth of products a year. (Olin Oil & Gas Co., a separate company controlled by the Olin family, is not involved in the merger...
Arturo Toscanini himself is expected to go to Italy for the summer. Whether he will return to the U.S.-or whether he will ever conduct again-nobody knows. But his 68 years on the podium are already a legend. Wrote New York Times Critic Olin Downes: "Should this have been his permanent farewell... his name will remain supreme and his achievement immortally revered. There has never been a more gallant and intrepid champion of great music, or a spirit that flamed higher, or a nobler defender of the faith...
...Pathétique, swirled through the Tempest, rippled through Les Adieux, produced a playful Opus 79 and summed everything up with a lofty performance of Opus III. "One of the greatest evenings ... of Beethoven's piano music [in a quarter century]," raved the New York Times's Olin Downes. "Mr. Backhaus was young with Beethoven...