Word: paid
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Dates: during 1950-1959
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...industry cannot pay from three to eight times the hourly wages paid abroad and compete with foreign manufacturers. Let U.S. labor leaders in their endless quest for "more" chew on this hard, inescapable fact...
...Fredericton's Lord Beaverbrook Hotel, spent hours right next door in the city's Lord Beaverbrook Art Gallery, one of his many gifts to the province. Facing the local press on the eve of his 80th birthday, Journalist Beaverbrook parried questions with professional skill, along the way paid bittersweet tribute to a transatlantic competitor. Asked by a newshound what he regards as his greatest achievement in publishing, His Lordship shot back: "Reading the 145 pages of the New York Times Sunday edition in one sitting, through and through, every word...
...Ride It Out." Every investment decision and matter of importance is left to Robinson and the other four trustees, with help from the six-man advisory board. In the tradition that the trustee shares in the rewards he brings to others, they are among the best-paid men in U.S. industry. Vice Chairman Kenneth Isaacs, Robinson's righthand man and the president of the Growth Stock Fund, made $360,989 last year. The junior trustee made more than...
...trust listed the market value of its stock at just half of what it had paid for it. M.I.T. slimmed its portfolio from 128 to 77 stocks, concentrated in defensive stocks (utilities, foods, tobacco, etc.), better able to withstand the Depression. By 1933 Robinson and his staff saw light ahead, and M.I.T. began switching out of defensive stocks and into railroads, automobiles, mining and steel. With a poker player's eye, Robinson could look at a company's present and guess its future. He personally researched the Texas Co. (now Texaco, Inc.), persuaded the trustees...
...cross-country realm, Jared E. Fitzgerald '61, who always has had his own transportation paid by the team, pointed out that "some of the kids go out for the team in the hope of doing a little travelling." For the Cornell trip, however, only seven runners went by plane, and the others were forced to drive...