Word: ward
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Dates: during 1950-1959
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...this, but it is unlikely that America can now be persuaded to do so. There are good strategic reasons for keeping the island in friendly hands, and no one has suggested an alternative refuge for Chiang and his followers. The second course is to make the island a ward of the United Nations. This cannot be regarded as a practical proposition...
...decades passed, colleges of law, medicine, dentistry, engineering and pharmacy began to rise along the Iowa River. Starting with the presidency of Walter A. Jessup (1916-34), S.U.I, gradually embarked on a whole new tack. Under Ed ward Mabie, the aramatic art department and University Theater started turning out such alumni as Playwright Tennessee Williams, Producer Richard (The Big Clock) Maibaum, Actor Macdonald Carey and Stage Designer Lemuel (Oklahoma!, Kiss Me, Kate) Ayers. Onto the prairie, meanwhile, came poets, novelists and painters (among them: Iowa-born Grant Wood). The university began a representative collection of modern American canvases...
...years as the highhanded boss of Montgomery Ward & Co., tough old Sewell Lee Avery has been in plenty of fights for control of the company, and has never lost a battle. In the process out have gone five presidents, 32 vice presidents and countless other top employees. But last week the toughest opponent of all stepped into the ring against Avery. The new challenger: Louis Elwood Wolfson, 42, one of the fastest-moving corporation jugglers of the postwar decade...
...Manhattan hotel suite Wolfson called a press conference to issue his challenge. He, his brothers and associates, said Wolfson. had bought more than 105,000 of Montgomery Ward's 6,502,378 shares, making theirs the biggest single holding. They planned a proxy fight to unseat Avery and reverse his present tight fisted, cash-hoarding, nonexpansionist policies. Said Wolfson: "Montgomery Ward, as it stands today, is a glaring and notorious example of private enterprise in reverse gear...
Sayre started selling appliances for Kelvinator in 1925, moved up to national sales manager in four years. He switched to Montgomery Ward as appliance boss, in two years converted a $900,000 loss to a $900,000 profit (and became one of the rare "Monkey Ward" alumni to leave on good terms with crotchety Sewell Avery). Then Sayre moved over to Bendix to introduce the nation's first line of automatic washers for the home, sold 42,000 before a single production model came off the line, and eventually put out more automatic washers than all his competitors combined...