Word: sinclairism
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...Upton Sinclair, 65, vegetarian, moralist, Socialist, muckraker, politician, agnostic, Californian, abstainer, feminist, movie producer, violinist, physical culturist, antiFascist, antiCommunist; friend of Jack London, Theodore Roosevelt and Albert Einstein; one of the most prolific U.S. authors (67 books, 500 pamphlets); prohibitionist son of a bibulous father and twice-married critic of American marital habits, last week gave book-length vent to his latest enthusiasm: Franklin Roosevelt...
Presidential Agent (Viking; $3) is the fifth volume of Author Sinclair's vast panel of novels on modern life (1,500,000 words). In it, his hero, idealist Lanny Budd, talks over his doubts and problems with his good friend, Franklin Roosevelt...
This question is as hot to the thousands of U.S. business executives as the size of the pay envelope is to U.S. workers. Last week it boiled up in Manhattan as a full-fledged corporate issue. The argument had simmered fortnight ago over the "incentive plan" which Sinclair Oil Corp. set up for its president Harry Sinclair (TIME, May 29). Twentieth Century-Fox Film Corp. came along with a similar plan to make management more attractive to its president Spyros Skouras (see above...
...build up an adequate capital position for executives, in order to make good corporate management worthwhile, pondered and argued the question: how can U.S. business pay its top men the salaries they are really worth? But while slow-moving conservatives pondered, fast-moving Harry Sinclair might well smile...
...laugh would be on Sinco, if the price of Sinclair stock should fall drastically. (Two years ago it sold for $5.) But with Sinclair Corp. booming, there seemed little chance of that. At week's end Sinclair stock was up to $13.75. Thus, in three days Harry Sinclair had made a paper profit of $75,000-taxable up to only 25% if held for six months...