Word: pawleys
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When Cuba's President Carlos Prío Socarrás decided to scrap Havana's rattletrap trolleys in favor of buses, he thought he knew just the man for the job: tall, tough Millionaire William D. Pawley, 53. Boss of Miami's bus system, Pawley had organized Cuba's first commercial airline and built most of its airfields. Many Cubans regard him as a combination financial wizard and philanthropist...
Triangular Trade. After some man-to-man bargaining, Prí offered Pawley the concession if he would pay $1,500,000 to the near-bankrupt trolley company's bondholders and get buses rolling in place of the sway-backed trams. But when Pawley went home to line up financial backing, no fewer than eleven U.S. banks, including the Export-Import Bank, turned down the deal...
Disgusted, Bill Pawley turned to dollar-hungry Britain. The British Export Credits Guarantee Department said it would establish a $7,700,000 credit, enabling Pawley's Autobuses Modernos to buy 620 all-steel, 41-passenger buses from England's Leyland Motors, Ltd. The government guarantee would cover 85% of the buses' cost; Pawley would pay 10% when the deal was closed, the balance over a three-year period...
Cinemactress Elizabeth Taylor, 17, who was engaged to All-America Glenn Davis for eleven months before she gave him back his gold football last June, broke her four-month engagement to William D. Pawley Jr., 28, but kept the 3^-carat diamond ring that she had lightly called, in happier times, a "nice piece...
Bill Instructs. Mother & daughter agreed on William D. Pawley Jr., the 28-year-old son of the transit magnate and former ambassador to Brazil. Elizabeth met Bill last March in Miami while she and Glenn were still doing their gossip-column hitch. Every afternoon for a week Bill gave her driving lessons, every night he took her to a party. During the Easter holidays he flew to the Coast. Last June, after school was out, mother & daughter flew to Miami to stay at the Pawleys'. There Elizabeth and Bill announced their engagement...