Word: tycoons
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Dates: during 1920-1929
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Without being profound, this remark was perhaps quite as characteristic and quite as adequate as the single sentence which Tycoon Morgan was persuaded to utter in 1924, just after he had granted a credit of $100,000,000 to stabilize the tottering French franc. Said he then- and could he wisely have said more?-: "France has taken the necessary steps to stabilize the situation in the face of all contingencies...
...Chairman of General Electric Co. and Radio Corp. of America, proved unable or unwilling to duplicate the blooded, Bourbon rôle of aloofness played, last week, by the "last of the J. P. Morgans." As one who had had a leading part in drafting the original Dawes Plan, Tycoon Young began to show pique when Dr. Schacht neared the climax of his argument as to why Germany must not pay all she owes. A passing reference made by Berlin's Iron Man to the fact that Germany has met all her Dawes payments thus far, caused Mr. Young...
Died. Major Asa Warren Candler, Atlanta lawyer, nephew of Coca Cola Tycoon Asa G. Candler; in Atlanta...
Last week he heard that 22 of his prints had been donated to Manhattan's Metropolitan Museum by five persons, among them Tobacco Tycoon David A. Schulte. More important, they have been accepted and will be hung in the black-and-white section among etchings and engravings...
This time it was about Tycoon Edward Stephen Harkness, whose recent gift of $13,000,000 has made possible at Harvard an adaptation of the Oxford "inner, college" idea (TIME, Jan. 7). Sneered the Lampoon: "Now that Harkness has shelled a sufficient number of berries we have got to put on our glad rags and make him an A. M. or a LL. D., the way we did Baker [Tycoon George Fisher Baker built Harvard's Business School in 1924, was given a kudo Ph. D.]. Becoming a Ph. D. is the same kind of business as getting yourself created...