Word: scions
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Dates: during 1950-1959
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...Though Hamburg-Atlantic is moving fast on Atlantic sealanes, the wonder boy of German shipping is a handsome, lean, baking-powder scion named Rudolf August Oetker, who started from scratch and now surpasses both Hamburg-American and its fellow giant, North German Lloyd. Taking advantage of the government tax law (which was repealed 3^ years ago), Oetker invested his big baking-powder profits in shipping. Oetker today controls the largest single German merchant fleet in terms of tonnage, consisting of 40 modern freighters and tankers totaling 375,000 tons...
...sternly that the News editor who passed the piece had been "brought to book." The editor, a bewildered Texan named Elizabeth Pengelly, explained that she had been "disarmed" by the fact that the editorial was written by a usually reliable contributor, the Rev. Vibart Ridgeway, an Anglican priest and scion of an old and distinguished English family...
...Getty supertanker. Turning to a pile of cables, he read a report on his new, 18-in. Mideast pipeline, fired off an answer to a Turkish importer's request for a large quantity of crude oil. In midafternoon Getty received a distinguished visitor: John D. Rockefeller III, 51, scion of an older oil dynasty, who came to ask his financial support for a $75 million art center in Manhattan. Getty expressed interest, made no commitment. Swiftly he worked through his business mail, answering the letters by scribbling a notation in the margins, then popping them into envelopes to mail...
Future Troubles. By his actions Larrazabal proved a willingness to compromise that stems from a nonpolitical, independent background. The well-mannered scion of an old naval family, he steered clear of the military group that originally brought Pérez Jiménez' junta to power in 1948, held minor posts (naval attache in Washington, head of the Caracas Military Club) under the dictator, was named supreme commander of the navy only a fortnight ago by the hard-pressed strongman...
Married. G. (for Gerard) David Schine, 30, onetime Army MP and sometime McCarthy sleuth, Schine hotel and movie chain scion; and Sweden's voluptuous Hillevi Rombin, 24, Miss Universe of 1955; in Manhattan...