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...Member of Parliament, and placed it with a six-man "advisory board" whose businessmen members held not a single title among them. Result: the company turned to automation, stepped up its program of research and development, then watched sales increase 50% to $168 million last year and profits skyrocket 350% to more than $7,000,000. Textile Maker Courtaulds, Ltd., replaced its titled chairman and deputy chairman, promoting tough-minded Frank Kearton to managing director, then filled board vacancies with untitled textile men like Kearton. Once the most sedate of all the large British companies, Courtaulds...

Author: /time Magazine | Title: Britain: Shaking the Old Boy Network | 5/22/1964 | See Source »

Applications Skyrocket...

Author: By Ann Peck, | Title: More Average Students Seek 'Cliffe Admission | 2/14/1964 | See Source »

When Charles Harting Percy sets out to do something, he doesn't kid around. His skyrocket rise has become folklore in the business world: at 16, he was a clerk in Chicago's camera-making Bell & Howell Co.; at 23, a board member; at 29, president. In all this, of course, he had to have a bit of luck...

Author: /time Magazine | Title: Illinois: True to Form | 1/31/1964 | See Source »

Allied officers and control-minded economists were furious, wanted him dismissed at once. Erhard held firm, for he was convinced that after an initial price skyrocket, things would level off. Without freeing the economy, he argued, currency reform would have no real effect. "If I were to distribute poverty justly, we would all surely remain poor," he insisted. "It seemed to be more important to overcome poverty than to distribute it." U.S. General Lucius Clay backed him, and throughout a grim winter of rising prices and shortages, Erhard kept up Seelenmas-sagen (soul massages), in the form of radio speeches...

Author: /time Magazine | Title: West Germany: The Heart of Europe | 11/1/1963 | See Source »

...state, and for eleven months out of the year Saratoga Springs (pop. 16,000) is a quiet upstate New York town with no visible means of support. Then August rolls around, and Saratoga miraculously comes alive. Bottles of Bellinger go on ice, stables are swept out, hotel prices skyrocket, and bunting drips like Spanish moss from Broadway's stately elms. In August, for 24 days, Saratoga is the race horseman's Brigadoon...

Author: /time Magazine | Title: Horse Racing: The 100-Year Binge | 8/9/1963 | See Source »

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