Word: sloan
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Last month General Motors' Alfred P. Sloan Jr. established the $10,000,000 Alfred P. Sloan Foundation to promote "a wider knowledge of basic economic truths generally accepted as such by authorities of recognized standing." This week the foundation surprised cynics, who feared the money might be used as a propaganda fund for big business, by turning over the income on $1,000,000-between $35,000 and $40,000-to the University of Chicago. Not sure yet how it would use the gift, the university emphasized it had been given complete freedom to decide what truths to broadcast...
General Motors' Alfred P, Sloan Jr. gave $10,000,000 worth of securities to institute the Alfred P. Sloan Foundation for "the promotion of a wider knowledge of basic economic truths generally accepted as such by authorities of recognized standing." About a third of the gift was in General Motors stock...
Then came the businessmen: President Robert E. Wood of Sears, Roebuck, President Gerard Swope of General Electric, Chairman Marriner Eccles of the Federal Reserve Board, President Henry C. Turner of Turner Construction Co., Banker S. Sloan Colt. When the stock-market promptly registered a hopeful advance after these conferences, it was so much like old times that the New York Sun printed a parallel series of 1929 and 1937 headlines. In the Hoover tradition, but not the Hoover manner, the President let it be known that he hoped to end the decline not by Government spending but by doing...
...last survivors of the generation of artists that preceded Henri, Bel lows, Glackens and Sloan, dapper, white-bearded Albert Sterner is proud of the fact that he taught George Bellows and Rockwell Kent to make their first litho graphs, that the fluttering ribbons of his eyeglasses have been in the thick of every U. S. art battle for a quarter of a century. His first wife, Marie Sterner, long a Manhattan art dealer, was among the first to introduce modern French painting to the U. S. His son, Architect Harold Sterner is a World War veteran and designer...
Said John Sloan four years ago: "Painting . . . has been getting sicker and sicker for over 100 years. The ultra moderns will cure it." Signs of such a cure were evident in devices of composition which Mervin Jules has apparently borrowed from trick photography and the fantastic school, used for his own purposes...