Word: tycooning
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Like a bookstore browser hunting first editions, Marshall Field has shopped around the book business looking for a first-rate buy (TIME, Oct. 9). Last week he thought he had found it. Dipping lightly into the odd $168,000,000 in his pockets, Tycoon Field (publisher of New York's PM, Chicago's Sun, syndicated Sunday weekly Parade, owner of Cincinnati's radio station WSAI) bought smart Simon and Schuster, one of the top merchandisers in the book business, and Pocket Books, Inc., which was 49% owned by Simon and Schuster officials. Publisher Field kept the purchase...
President Davis, curious, put in a call for Cleveland. Alumnae General Secretary Florence H. Snow dispatched another round of cards, deploring the Royon propaganda. Meantime Miss Royon, secretary to Cleveland's ex-Tycoon Cyrus Eaton, announced that she had received some 100 letters in reply to her card-most of them were for Dewey...
...WASPs, who had done a man-sized job of flying for the Army, had asked for it. Through their head woman, famed speed-flying Jacqueline Cochran (wife of tycoon Floyd B. Odlum), they had demanded the same military status as the WACs, WAVEs, SPARs and Women Marines. In spite of Hap Arnold's earnest support of the plan, which would have made Jackie Cochran a colonel, Congress had turned thumbs down...
Cash from Waxey? The committee learned that the company had started in business on $35,000 from a Brooklyn trucker and Sam Lazar, Philadelphia's pinball tycoon. But the committee suspected that the cash actually came from Waxey Gordon and that he ran Worldwide, which had contracted for well over $100,000 in surplus property. The committee thought that the quickest way to find out was to ask Waxey. The committee was wrong...
Married. David Mdivani, 44, last-surviving of the three "Marrying Mdivanis," oil speculator; and Virginia Sinclair, 29, daughter of Oil Tycoon Harry Sinclair; he for the second time, she for the first; in Las Vegas...