Word: pattersons
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...from Macfadden Publications last year) the best-known Macfadden name is Charles Fulton Oursler, high-priced editor of Liberty. Last week Editor Oursler too was out. Liberty's new editor is 58-year-old Sheppard Butler, who quit the same job when Macfadden bought Liberty from Cousins Joe Patterson and Bertie McCormick in 1931. Editor Oursler, busy with a novel and a play, kept mum about the reasons for his departure and his 10,000 shares of Macfadden stock (market price: $1.25 per share...
Said onetime isolationist Editor Joseph Medill Patterson's New York Daily News: "That Colonel's cry . . . should shame and humble every American on the home front. . . . Too much has been said, too many tears shed about the loss of a few ships and some scores of planes at Pearl Harbor. . . . Too little has been said about the much worse blunder of failing a year ago to convert automotive and other peace industries to defense production. By that failure we have lost a thousand planes and tanks and ships for every one lost at Pearl Harbor...
...signed) is Wall Street's Ferdinand Eberstadt, first civilian since War I to head the services' top procurement-coordinating body. Longtime friend and former partner of Navy Under Secretary Jim Forrestal, Ferd Eberstadt was also urged to his new job by his friend War Under Secretary Bob Patterson, after he did an undercover study and report on reorganization of Army-Navy supply staffs last fall. Ferd Eberstadt, 51, earned his Wall Street medals when he recovered from a pre-crash partnership in the old Otis & Co., went into business for himself. A brave man with a shrewd sense...
...that bill, was last week called to active duty with the Navy as head of the Bureau of Aeronautics' Production Engineering Section. To replace him, G.M. picked its Great American Salesman, Vice President Richard Ralph Hallam Grant. Dick Grant ("the Little Giant"), who trained under famed John Henry Patterson in National Cash Register's great days, is probably responsible for more Detroit selling ideas than any other man in the business...
...essential that our procurement be put into the highest gear at once . . . employes must make their maximum effort regardless of the long hours of hardship endured . . . production must be put on a 24-hour-a-day basis.-Under Secretary of War Robert Patterson...