Word: tycoons
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Dates: during 1940-1949
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Once before big, bald Henry J. Kaiser, the West Coast's dam-building, shipbuilding, build-anything tycoon, had blitzed Washington into giving him what he wanted. That was when he wangled $50,000,000 from Jesse Jones to build a steel plant to supply his brand-new amateur shipyards. Now he was out after bigger stakes. He had broached direct to the public his bold proposal to build 5,000 giant cargo planes (TIME, July 27). Now he descended on Washington with the avowed intention of creating public clamor for his breath-taking scheme...
Left. By the late Sir Abe Bailey, South African sportsman and gold mine tycoon: an estate valued at more than $2,000,000. His will leaves a quarter of it in trust "for the advancement, strengthening and development of the South African people," a $40,000 yearly income for his widow, and $400 each to Winston Churchill, the Duchess of Newcastle, the Marquess of Londonderry, and Horse Trainer Reginald...
...placid temperament and steady habits who had inherited a vast fortune from his father, Standard Oil's Louis H. Severance, he made up for an otherwise uneventful life by making himself Cleveland's most lavish patron of the arts. As a patron, he had a tycoon's audacity...
Died. William James Tatem, Lord Glanely, 74, Welsh shipping tycoon, famed breeder and racer of horses; killed by a German bomb; in a southwest English coast town. He founded one of the world's greatest stud farms, at Exning, once had more horses in training than the Aga Khan and Lord Derby, won more than 500 races. His Grand Parade won the Derby...
...mild-mannered tycoon explained that all this was ludicrously false. Even before Mexico got his yacht, he had stopped using it-because "if I took it out people would say I was fueling U-boats...