Word: sinclairism
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Married. David Mdivani, 44, last-surviving of the three "Marrying Mdivanis," oil speculator; and Virginia Sinclair, 29, daughter of Oil Tycoon Harry Sinclair; he for the second time, she for the first; in Las Vegas...
Died. Earle Westwood Sinclair, 70, longtime president of Sinclair Oil Refining Co.; after a heart attack; in Manhattan. While his partner-brother, dashing Harry Sinclair (see above), was bogged down with the trials and tribulations of the Teapot Dome oil scandal, he quietly managed and built their business into one of the world's great oil empires...
...Received his first state delegation: Massachusetts' Governor Leverett Saltonstall and Willkieite Senator Sinclair Weeks. When newsmen asked if they would discuss the wooing of Wendell Willkie, Dewey gave a noncommittal reply and then added briskly: "That is my entire answer to your question...
...option on a sizable chunk of Willys stock.* Thus he would pay only a 25% capital-gains tax on any stock profit, provided he held the stock six months, compared to about 80% income tax on such a high-bracket salary-the device made fashionable by Harry Sinclair and Spyros Skouras (TIME, May 29 and June...
...should a gunmaker go into the oil business? Hawley's stock reply: "Why not? Hell's bells, look at Harry Sinclair [president of Sinclair Oil Corp.]. He was a Kansas druggist. And Frank Phillips [board chairman of Phillips Petroleum Co.]. He was a barber...