Word: stringed
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Dates: during 1950-1959
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...Sonnabend, 57, was elected board chairman of Botany Mills of Passaic, N.J., which has lost $7,000,000 in the past two years. The president of the Childs Co. restaurant chain, and also of a string of hotels (e.g., Chicago's Edgewater Beach, Manhattan's Plaza and Ritz Tower), Sonnabend first got interested in textiles this year, when he supported Textron's attempt to take over American Woolen. Recent purchases of Botany stock gave him working control of the company along with Philadelphia's H. Daroff & Sons, maker of men's suits. To get Botany...
Died. Aw Boon Haw, 72, fabulously wealthy Hong Kong Chinese (donations to charity alone: $20 million) of a heart ailment; in Honolulu. Son of a Rangoon herb dealer, genial Philanthropist Haw parlayed a patent medicine named Tiger Balm into an Asian empire embracing hotels, breweries, factories and a string of newspapers; spent his money building more than 300 schools and hospitals (his announced goal: 1,100), promoting Chinese nationalism (he gave the Chungking government $4,000,000 to aid in the war against Japan) and ornamenting his showpiece estates in Hong Kong and Singapore...
Dictator or not, Vargas liked to call himself "the best friend of the U.S. in Latin America." When war came, he swung his country to the Allied side. The U.S. established a string of air bases across Brazil's strategic Atlantic bulge, and Vargas sent a division to General Mark Clark's command on the Italian front. Benignly accepting the title of "father of the poor," the strongman also gave Brazil the 48-hour week, the minimum wage, and social security...
...race horses. In 1947 he bought two thoroughbreds from Movie Magnate Louis B. Mayer; they both turned out to be winners. Andy, it seemed, had as sharp an eye for horseflesh as he had for car customers. This year, with Derby Winner Determine and Handicap Star Imbros leading his string of more than 20 horses, Crevolin is the top money-winning owner in the U.S. Moreover, Andy Crevolin talks as freely as his horses...
...losing circulation is bound to be rumored up for sale. Colonel Robert R. McCormick's big, successful Chicago Tribune has lost almost 20% of its circulation since 1946 (latest figure: 877,636), and the inevitable rumors have been circulating. One had it that Publisher John Knight, whose string of papers stretches from Florida (Miami Herald) to McCormick's own Chicagoland (Daily News), was dickering to buy the Trib. Last week, in answer to a reader's question, the Trib flatly denied the rumors. Said an editorial...