Word: whitneys
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Dates: during 1940-1949
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...King's mount, Kildare. Then Queen Alexandra introduced him to her barouche horse, Splendor, George V sent around his great Shire stallion, Field Marshal V, and the young gentleman's career was assured. Later, in the U.S., he met and molded for bronze the late Mrs. Payne Whitney's Twenty Grand, George Widener's Eight Thirty, Jock Whitney's Royal Minstrel, Marshall Field's Stimulus, Sir Galahad Third ("You wouldn't turn around to look at Galahad, but I must confess he had nice manners"), stablefuls more. His next job: an equestrian statue...
Labor relations had become so bad at the Niles-Bement-Pond Co. machine-tool plant in Hartford, Conn. that they could only change for the better. The company's president, Harvardman Charles Walton Deeds, 44, was good at making money (he ran a $40 stake in Pratt & Whitney Aircraft Co. into a $1,600,000 profit). But he was stiff-necked in his dealings with employees. The C.I.O. United Electrical, Radio and Machine Workers Union, which was heavily sprinkled with Communist leaders, was just as tough as President Deeds. Last year their mutual toughness resulted in a bitter...
Roll with the Fall. During the war, United's Pratt & Whitney and licensees accounted for 47.5% of U.S. aircraft engines (measured in horsepower) and the Hamilton Standard division for 75% of all propellers. The Sikorsky division made 400 helicopters for the military. United's gross business mushroomed from $37,000,000 in 1938 to $484,000,000 in 1945. When cutbacks came, and United's payroll dropped from 76,000 to 25,000, the company managed to roll with the fall. It closed seven branch plants, returned $51,750,000 worth of equipment to the Government...
...Rentschler, who had resigned as president of Wright Aeronautical Corp., started Pratt & Whitney in a rented plant on a $250,000 loan. Four years later he moved into top position when P. & W. merged with Vought, Hamilton and Sikorsky...
Died. Julian Day, 68, one of the four red-haired sons of famed father Clarence (Life with Father) Day, terrible-tempered hero of Broadway's longest-run play; after long illness; in Lugano, Switzerland. The "Whitney" of the play inspired by brother Clarence's stories, Expatriate Julian served in Britain's World War I Camel Corps, later became a British subject and a successful London banker...