Word: son-in-law
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Since 1896, when a German immigrant's son named Adolph S. Ochs took control of the anemic New York Times, the paper has grown into a sturdy publication-and a tightly held family fief. Lacking a son, Publisher Ochs chose his next most eligible successor, lived long enough to see his son-in-law, Arthur Hays Sulzberger, take over. Under Sulzberger, the Times grew richer and stronger than ever. This week, as he approached his 70th birthday, Times Publisher Sulzberger decided that the time had come to place the family paper in more youthful hands. The Times...
Having granted his son-in-law the title, Sulzberger intends to keep his office on the 14th floor at the Times, but "if someone comes in to see me now, I'll tell him to go and see Orvil." Orvil is not likely to ruffle an operation that has climbed steadily since Ochs set it in motion. Today the Times, with 744,763 daily and 1,400,826 Sunday circulation, is the fastest-growing paper in Manhattan and the most influential in the U.S.-although its margin of profit is surprisingly low.* Said New Publisher Dryfoos...
...Novosti (News), a second news agency that as yet possesses little more than a name and an aim: "To expand the exchange of information between the Soviet Union and foreign countries." One of its charter members with a name of his own: Aleksei Adzhubei, Khrushchev's son-in-law. There is plenty of room for expansion of journalistic enterprise. Though impressively big (900 men), Tass is a party-lining sloth whose correspondents are used abroad for propaganda purposes as often as for reporting. Khrushchev may have been prompted to put a fire under Tass by his brushes with...
...trust funds produce a net income of about $100,000 after taxes for each of the seven living Kennedy children-from investments in corporate stocks and bonds, oil leases and real estate (including part ownership of Chicago's huge Merchandise Mart, of which Joe Kennedy's son-in-law Sargent Shriver is assistant general manager). Each of the seven children also gets a periodic share of the principal of the funds, but in no case does Jack, or any of his brothers or sisters, have a say in the management of them...
Adding to his government last week, Harold Macmillan saw no reason to deviate from custom. Into office as Secretary of State for Air went Julian Amery, Macmillan's son-in-law; the eleventh Duke of Devonshire, his wife's nephew, became Parliamentary Undersecretary for Commonwealth Relations. For the honorific task of moving the reply to the Queen's speech from the throne, Macmillan chose his son Maurice from the rank of Tory backbenchers...