Word: product
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Dates: during 1960-1969
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...Good Product." The college's decision to explore every governmental source of money was taken at the urging of its horseback-riding president, Howard Irving Dillingham, 60. A Syracuse Ph.D. in education, Dillingham, although a Quaker, was headmaster of Georgia's Riverside Military Academy ("Though Quakers are pacifistic, I am not") when Ithaca summoned him back to New York in 1951, made him president in 1957. When he arrived, Ithaca had no accreditation and many of its students were Cornell flunk-outs who, insists one businessman, stuck around town "to enjoy the drinking life...
...Board Chairman Herman E. Muller, an accountant, decided it was worth investigating after an outside study showed that Ithaca could expect a rising cash flow from increasing enrollment to handle a heavy loan commitment. "It was a simple business proposition," said Muller. "We had a tremendous demand for our product. We had a good product. We had a good faculty-a good production line." Some trustees fretted about going bankrupt, or feared Government control. Yet the more they looked into the matter, the more plentiful the Government money seemed to be-and they finally plunged...
...federal jury found the producer, Manhattan's Drug Research Corp., its president and its advertising agency guilty of conspiring to defraud the public. The judgment against the ad agency-Kastor, Hilton, Chesley, Clifford & Atherton, Inc.-was the first ever made against an agency for promoting a fraudulent product. The decision could result in fines and imprisonment for Drug Research's president and fines against the ad agency on 41 separate counts...
Novelists like Wister and Dixon made "Saxon pluck" a standard ingredient of best sellers. "The product was successful, and so it seemed foolish to vary the formula...
...motto seems to apply to the company as well as to its product. Last week, in a veritable cloudburst of activity, privately owned Morton Salt 1) announced that it will change its name to Morton International to reflect its spreading interests, 2) acquired the $28 million Simoniz Co., a maker of auto and furniture polishes, and 3) for the first time in its 117-year history issued an annual report, which showed that Morton earned a profit of nearly $6,200,000 on last year's sales of $95 million...