Word: patronize
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Dates: during 1970-1979
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Making Waves in Acapulco. Troy V. Post, the Dallas insurance millionaire and longtime patron of Ling's, also resigned as vice chairman and chairman of the executive committee in order to devote more time to his investments. Besides his LTV holdings. Post is worried about an Acapulco resort project, which Cornfeld's I.O.S. reportedly backed out of financing...
...corrective to presidential isolation, argues Bryce Harlow. As his Administration wears on, every President gets into trouble and he begins to feel cloistered?and the inner circle expands as he reaches out for fresh opinion. There is already evidence of this in Nixon's Washington. John Mitchell, the patron of Clement Haynsworth Jr. and G. Harrold Carswell, recently expressed his concern at "the amount of popular cynicism about the Supreme Court." Before a group of his own restive civil rights lawyers, he pointed proudly to his department's accomplishments for Southern blacks; in one year, it added 108 school districts...
...Notches. That last setback only emphasized LTV's mounting difficulties. Early this year Troy V. Post, a Dallas insurance millionaire and longtime patron of Ling's, began agitating for a radical shake-up in the conglomerate. A collector of antique clocks as well as modern corporations, Post merged his holding company, Greatamerica Corp., with LTV in 1968. In return for their shares, Greatamerica stockholders got a package of LTV debentures and stock warrants; but each $1,000 debenture is now worth only $150. LTV's stock plunged from around $100 a share at the time...
With the quirky vanity of genius, he does boast about his skill at tennis, a game he loved. Sir Edward Speyer, the British financier and patron of music, recalls Casals' arriving at his estate one day in the early 1900s and announcing, "First we'll play six sets of tennis and then the two Brahms sextets...
...named Sally Michel, and married her soon after. Through the ensuing years, Sally supported the family with her illustrations for the children's page of the Sunday New York Times Magazine, freeing Milton to spend his days painting. "I used to tease him and say that his greatest patron was the Times," she says...