Word: tycooning
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Dates: during 1930-1939
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Ewing Virgil Neal was busily doing transient business in a magnificent Florentine suite on the Sherry-Netherland's 14th floor. His rise to wealth began, like that of Owen D. Young and many another U. S. tycoon, on a farm 64 years ago at Sedalia, Mo. He still talks with a Midwestern inflection-bland, drawling, soothing. Sedalia he left when he was 24. going to Philadelphia. Soon he entered the publishing business, wrote and published Modern Illustrated Banking and Modern Illustrated Bookkeeping (which still pay him royalties through American Book Co.). He also operated as publisher in Rochester...
...Manhattan after a European trip Russell Allen Firestone, second son of Tire Tycoon Harvey Firestone and member of Frank N. D. Buchman's First Century Christian Fellowship, was asked by a newshawk: "How can there be unselfishness in business under the capitalistic system?" Russell Allen Firestone replied: "Well, I feel that the real harm from capitalism, as it affects labor, has come from anonymous capital and not the widely-known capitalists. For example, men like my father, John D. Rockefeller and Henry Ford believe in aiding those who work for them. They live for service and really are altruistic...
...bandit jumped into the automobile of Chicago Shoe Tycoon Irvinq S. Florsheim, forced his chauffeur to drive around while he took $400 from Mr. Florsheim, a $2,000 mink coat and $10 from his wife...
...caller was Col. Clarence Marshall Young, onetime (1929-33) Assistant Secretary of Commerce for Aeronautics, now working temporarily for Tycoon Henry Latham Doherty as aviation chairman of his Florida Year-Round Clubs. Flying from Florida to New York last week he paused in Washington long enough to go to the bustling Department of Commerce building and shake hands with his successor, Eugene Luther Vidal...
...talked with Mr. Sloan at the Refrigerator Show was Axel Leonard Wenner-Gren, since the death of Ivar Kreuger Sweden's No. 1 tycoon. Mr. Wenner-Gren was not discouraged by his failure to sell his Elektrolux (spelled with a c in U. S.) refrigerator to Mr. Sloan. Mr. Wrenner-Gren eventually got his asking price when he sold to Servel, Inc. the U. S., Canadian and Cuban rights. Through this deal he became Servel's largest stockholder and later a director. After a series of reorganizations Servel emerged in 1928 as a $14,000,000 concern backed...