Word: posts
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Dates: during 1950-1959
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Saturday Evening Post...
...Soviet H-bomb project, had run afoul of Dictator Stalin for refusing on moral grounds to devote himself to the development of thermonuclear weapons. For the last seven years of the Stalin regime, he had, in fact, been kept under house arrest. One of the first acts of the post-Stalin government had been to release the hostage scientist, give him a couple of chauffeur-driven cars and restore him to his former post as Director of the Soviet Institute for Physical Problems, so that he can dabble with his favorite problem: the behavior of matter at extremely low temperatures...
...Post mortem proved premature. Next day Attorney Bottomly, 34-year-old principal in a group of "public-spirited" buyers, met again with Fox and got a 24-day option to buy the Post (for a reported $1,500,000). Bottomly put up $100,000 for his option, agreed to settle the Post's $44,000 back income-tax bill; Fox promised employees some $35,000 in back pay. With its Sunday edition, the day-old corpse resumed publishing...
...America's "Cradle of Aviation." There one rainy dawn in May, 1927, Charles Augustus Lindbergh took off for Paris; within the next 40 days Clarence Chamberlin set out for Berlin and Richard Evelyn Byrd took off for the Continent, landing in the French surf. Roosevelt saw Wiley Post and Harold Gatty fly off in the Winnie Mae one June day in 1931, return eight days, 15 hours, 51 minutes later, having set a new round-the-world mark; seven years later Douglas Corrigan roared away for "California," wound up at Baldonnel Airfield, Dublin, and went down in history...
...Eric Phillips, 63, became chairman and chief executive officer of Canada's Massey-Harris-Ferguson Ltd., largest farm-implement maker in the British Empire (1955 world sales: $368 million). He replaced James Stuart Duncan, a company hand for 46 years, who resigned as president and board chairman. The post of president remains vacant. Toronto-born and educated (University of Toronto '14), Phillips won a colonelcy in the British army in World War I, returned home and went into glass manufacture, did so well that in World War II he headed up the 55-acre, Government-operated Research Enterprises...