Word: steelman
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Dates: during 1960-1969
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Back in the 1950s, Steelman Henry J. Kaiser put out a funny little car known as the Henry J. It was a fiasco that is still vividly recalled by Henry J.'s son Edgar, 58, who shudders: "I don't want that to happen again." To make sure that it wouldn't, the Kaisers have since confined their automaking to one of the most durable vehicles ever produced: the limited-appeal Jeep. Now, Kaiser Jeep Corp. is cautiously looking to bigger markets. This month it unveils a jazzy new line that Edgar, as president of the parent...
...Sobel took a brief fling at the pro tournament circuit ("I couldn't make a dime"), settled into a succession of club jobs-at Long Island's Valley Stream Country Club, at the Westchester Embassy Club, at Grossinger's in the Catskill Mountains. His students included Steelman Charles M. Schwab ("The lousiest golf swing I ever saw"), and his reputation grew quickly. In 1953, as head pro at Miami's West View Country Club, Ross taught Cleveland Indians Third Baseman Al Rosen the fundamentals of golf. That summer Rosen clouted 43 homers, drove in 145 runs...
...money into new ventures or into the expansion of existing ones. Said India's No 1 industrialist, J.R.D. Tata, at a New Delhi neeting: "No other country, including the most socialist countries, has resorted to such heavy, complicated and multiple burdens of taxation." As a result, added Steelman Tata, businessmen show "universal gloom, despondency and uncertainty about the future." K. P. Goenka, president of the powerful Federation of Indian Chambers of Commerce and Industry, charged that past 16 months have brought "no substantial additions to any major industry," and G. L. Mehta, chairman of the Indian Investment Center, complained...
THEY'VE been growing their own chairmen there for years," said a steelman last week after Bethlehem Steel Chairman Arthur B. Homer, 67, stepped down in favor of Vice-Chairman Edmund Fible Martin, 61. Husky (6 ft. 3 in., 200 Ibs.) Ed Martin is as homegrown as Homer, who spent nearly half a century with the company. Chicago-born, Martin graduated from Stevens Institute of Technology at 19, immediately became a Bethlehem management trainee. From sweeping floors, he advanced to become manager of the company's Lackawanna plant and successively president and vice-chairman. Even as vice-chairman...
...Confidence. For tall, aloof Giorgio Valerio, son of an Italian steelman and a wealthy white Russian, Edison's rebirth was a proud moment after months of anxiety during the nationalization crisis. His victory gave a lift to the Milan exchange, which has been dormant for months; it also heartened Italy's nervous businessmen, who have been deeply depressed ever since last year's leftist turn in politics. Crowed one Italian industrialist: "They could nationalize electricity, but they couldn't nationalize Valerio...