Word: warde
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Dates: during 1950-1959
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Montgomery Ward Chairman Sewell L. Avery, 81, bounced into the ring last week and swung his first punch in the fight to keep control of his company. From his Chicago office, Avery summoned reporters to the first press conference in years, and lost no time setting to work on his opponent, Financier Louis E. Wolfson, who has had the ring all to himself, shadow-boxing with lawsuits and charges of poor management (TIME, Sept...
Avery said that Montgomery Ward's records show nothing like the 500,000 shares of stock that Wolfson claims to own. Then he went on to explain just how profitable his management was. He was so conservative, he said, dragging out charts, because history has shown that a serious depression has followed every major war except World War II. "Somebody's holding this thing up," he said. Besides, construction costs have zoomed, making it uneconomical to expand. When the depression comes, said he, Ward's will expand. Meanwhile, Ward's has no debts, and assets...
...halfbacks are both good and both fast. Senior Jim Lopez, a hard-driving 167-pounder from Watertown, Mass., will open at left half, and sophomore Dennis McGill at right. McGill, from North Bergen, N.J., has been called by Olivar, "the greatest Yale runner since Levi Jackson." Sophomores Al Ward and Charlie Peet will be called upon for reserve duty...
...there is plenty of quality in names like McGill, Loucks, Brink, Ward, Shugart, Coker, and Dougham. Loftus said as much for four-fifths of the season, and only this week has changed his tune...
...switched back to their real mothers, Ernstli wept for days, but soon stopped addressing Mrs. Joye as "Madame" and started calling her "Maman." Mrs. Joye's unpretentious account is bound to give imaginative parents plenty to think about next time they take a baby home from the maternity ward...