Word: trusted
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Dates: during 1950-1959
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...Student Council has asked the Dean's office to establish a fund which would pay all Council expenses, Marc E. Leland '59, President of the Council, disclosed yesterday. A trust amounting to between $60,000 and $80,000 would be necessary to yield an annual income covering the Council budget, which averages $3,000 to $4,000 a year...
...Frank Lloyd Wright's Robie House (1909), nicknamed "the Battleship," an earth-hugging, brick masonry private house with free-running cantilevers, on Chicago's Woodlawn Avenue. Saved earlier this year from destruction, it will be handed over to the National Trust for Historic Preservation...
HOWARD HUGHES will sell his 10.2% interest in Atlas Corp. (market value: about $7,700,000) by May 31, 1961, until then will deposit stock with neutral trust or bank. CAB forced sale because Hughes owns 78.2% of Trans World Airlines and Atlas controls Northeast Airlines, thus giving him the opportunity to control two airlines...
Last week, in a calm, sober study, Roy L. Reierson, vice president and chief economist of Manhattan's Bankers Trust Co., concluded that the bearish worries had far outrun the possibilities. "There is some feeling that the American economy may, within the next few years, be engulfed by a speculative, inflationary burst involving a flight out of dollars and money assets and into tangible property, gold or equities. The odds do not seem to favor such a prospect at this time...
...first time that Tom Campbell had shown the Russians a thing or two about wheat. A pioneer in farm mechanization, he was invited to Moscow by Stalin in 1929 to advise the Russian Grain Trust on growing wheat. When the Russian farm delegation recently asked to see America's best mechanized farm, President Eisenhower, an old friend of Campbell's, asked the Agriculture Department to put them under Tom Campbell's wing. Campbell assured the Russians that they could achieve the same yield by adopting U.S. methods, clinched his argument by revealing that the winter wheat...