Word: paleys
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...more scalps dangled from CBS' belt this week when NBC's Red Skelton signed with the younger network. In an earlier foray CBS's William S. Paley, operating as a one man task force, captured ABC's Bing Crosby...
While CBS Board Chairman William Paley was proving once again that this is a year for underdogs, NBC was crying "Foul!" Though trade papers had banner-lined that he had made similar-but smaller-offers to keep Benny, President Niles Trammell announced primly that NBC would "continue to refuse" any part in capital gains deals "until the U.S. Treasury says that such transactions are lawful . . ." Scoffed a CBS spokesman: "Mr. Trammell's statement is unwarranted and reflects unfairly on many creative artists who have done no more than abide by our tax laws like any businessman or corporation...
...Springing Osmans. Witness Arthur Osman, president of Local 65, shouted ringingly: "For every Osman you put in jail another Osman will spring up." On orders of Committee Chairman Charles Kersten, marshals ejected him. Jack Paley, secretary-treasurer of the same local, achieved similar treatment. His last words as he was hustled to the door: "I don't think the committee should be concerned with my politics...
Hoving was expanding by shrewd use of his capital-$2.6 million from such bigwig friends as Vincent Astor and CBS's William S. Paley, and a $12 million stock issue. He had paid $10.5 million for Bonwit Teller, Inc., then sold the store's buildings to the Equitable Life Assurance Society for $6.3 million and rented them back for $320,000 a year. He put some of that money into a new $2.2 million Chicago branch which he sold to Prudential Insurance Co. of America, and leased back. Another $800,000 was spent transforming Boston's historic...
Born. To William Samuel Paley, 46, well-tailored board chairman and principal stockholder of the Columbia Broadcasting System, and Barbara Gushing Mortimer Paley, 31, perennially best-dressed daughter of the late, great brain surgeon Harvey Gushing, sister of Betsey Gushing Roosevelt Whitney and Mary Gushing Astor: their first child, his third,* her third, a son; in Manhattan. Name: William Gushing. Weight...