Word: telegrapher
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...Gadsby, 57, was nominated to fill out the remaining term (until June 5, 1958) of Securities & Exchange Commission Chairman J. Sinclair Armstrong, who has resigned to become Assistant Secretary of the Navy for finance. A conservative New Englander (Amherst, '23), SECommissioner Gadsby worked for New England Telephone & Telegraph Co. before turning to the law (New York University, '28) and a ten-year berth in the Manhattan law firm of Rushmore, Bisbee & Stern. Moving back to New England, he practiced privately in North Adams, Mass. until 1947, when he became a Massachusetts commissioner of public utilities. Though technically only...
This was gratifying news for President Hernán Siles Zuazo, who has backed the program with everything from a hunger strike to threats to resign, and for George Jackson Eder, an old Latin America hand who left International Telephone & Telegraph Corp. to supervise Bolivia's National Monetary Stabilization Council. But Juan Lechin, executive secretary of the powerful workers' confederation, was looking out for labor and labor alone. At the confederation's second congress last week, he burst into an impassioned defense of the featherbedding privileges that the workers took for their own after bringing the Nationalist...
Died. Sosthenes Behn, 75, co-founder (1920) and longtime chairman of the board of International Telephone and Telegraph Corp.; of a heart ailment; in Manhattan (see BUSINESS...
...businessman was more global-minded than Sosthenes Behn, who created the world web of $760 million International Telephone & Telegraph Corp. Behn stretched his communications empire from Antwerp to Osaka, steered it through 34 years of war, revolution, boom and bust, and boom again. Always somehow able to snatch cash from disaster, he had a secret: a skill at diplomacy that few foreign ministers could match, a grip on his company that only a last tycoon could keep...
...almost entirely abroad, the Behns first startled financiers in 1924 by winning a concession to manage and modernize Spain's sputtering national telephone system, went on to set up 33 international manufacturing and research facilities. They were big enough by 1928 to acquire the Mackay companies, including Postal Telegraph & Cable Corp. (eventually merged with Western Union). Until 1930, Sosthenes' tireless negotiating made I.T. & T. grow throughout the world, spread the company into Argentina, Australia, Belgium, China, England, France, Italy, Japan, Norway, Rumania...