Word: partnerships
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Dates: during 1950-1959
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Despite the tragedy. Cushing was obsessed with opening a ski area, went into partnership with Airman Poulsen to develop Squaw in June 1948. Poulsen supplied the land-640 acres-and Cushing the money-$400,000. Alec and Justine invested $145,000 of their own, got $50,000 from Laurance Rockefeller, the rest from other friends...
Sadly, Federation Prime Minister Sir Roy Welensky complained: "The Congress is not the sort of organization I believe will benefit the Federation. You can't fight extremism with extremism with any hope of success." But the fact was that Welensky's own policy of "partnership"-i.e., a policy of advancing the Negro, but so slowly that the whites will hardly notice -has satisfied no one. If the Dr. Bandas wanted an end to the Central African federation, so apparently did Southern Rhodesia's whites. In the last territorial election they gave a majority of their votes...
...Amintore Fanfani had bustled over to Bonn a few-days earlier in an unsuccessful attempt to persuade Adenauer and Foreign Minister Heinrich von Brentano that other NATO powers would thus be downgraded. Nor are the British keen to include France in what they regard as a cozy Anglo-American partnership, want France to earn its right to Big Threedom...
...making out all right. With two brothers, a sister, a neighbor and the neighbor's sister, he organized the M.G. Turner Co., which, besides nearly a third of the producing wells, owns or has an interest in 20,000 acres of choice leaseholds. Neighbors estimate that the partnership is taking in $1,200,000 a year. The first well the Texans abandoned has already produced 7,000 bbL. worth $18,200. Says Turner with a smile, "We're just getting started...
...Sheraton President Ernest Henderson, 61, who has been in a partnership with Chairman Robert Lowell Moore, 62, ever since the two left Harvard ('18), the Matson deal was the biggest of a year in which they have acquired eight hotels. There are now 52 Sheraton hotels, and more are abuilding. Early next year Sheraton will open a $12 million, 561-room hotel in Dallas and a $3,500,000, 190-room unit in Binghamton, N.Y. Due to open later: new Sheratons in Baltimore, New Haven, Conn. and Portland...