Word: tycoons
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Dates: during 1940-1949
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...Unease. Reginald de Koven did not need the money. A graduate of Oxford and a famous cotillion leader in the salons of Florence and Paris, he boasted an ancestry that included three colonial governors, a wife who was the daughter of U.S. Senator Charles B. Farwell, Chicago dry-goods tycoon. Reggie wore a monocle from the age of 15. When he built his Tudor mansion on Manhattan's Park Ave nue between 85th and 86th Streets (it still stands), he dressed himself as Sir Walter Raleigh and gave a mammoth housewarming, serving up a boar's head...
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...
...Simon and M. Lincoln Schuster, who are among the younger and more aggressive publishers, but not too young to have moneybags under their eyes, will continue to run S. & S. Young President Robert Fair de Graff,* 49, who owned 51% of Pocket Books, will continue to manage the company. Tycoon Field denied that he plans to use his millions to flood the U.S. with $1 books. He merely intends to provide "better and better books for more and more people...
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...