Word: woolman
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Dates: during 1960-1969
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...must obey God rather than men"), the commentary notes, inspired Martin Luther's famous refusal to recant-"to go against conscience is neither right nor safe"-as well as the defiance of Nazism by Germany's Confessing Church. Some examples of heroism are poignant: Quaker John Woolman, dying of smallpox, told his friends to "rejoice evermore, and in everything give thanks." Then he added, "This is sometimes hard to come...
...Fashion can be bought," said one-time Vogue Editor Edna Woolman Chase. "Style one must possess." The Thomas Crown Affair has spent millions on fashion; Faye Dunaway makes 31 smashing costume changes, while Steve McQueen appears in $350 suits and consults a $2,250 Patek Philippe watch. The screen that exhibits them is a flashy replay of Expo 67 techniques, fragmenting into scores of tiny separate images like a mint sheet of stamps, or simultaneously showing five characters in five different places...
Like Whales. Unlike Eastern's Captain Eddie Rickenbacker, his longtime competition, Woolman skipped propjet airplanes and waited for the pure jets to arrive. When they did, he refused to float convertible debentures to finance them, instead used Delta's retained earnings and some modest bank loans. He also ordered a conservative ten-year depreciation schedule instead of the twelve to 16 years that most airlines use. Woolman took the advent of newer, faster, larger airplanes in stride. "I remember when I thought the DC-3 was the biggest plane I'd ever see," he would say. "They...
...Woolman's successor, except for devotion to Delta, is an opposite. Charles Dolson is brusque where C.E. was affable, reserved where Woolman was outgoing. St. Louis-born, Dolson earned a civil-engineering degree at Washington University ('28), then became a Navy carrier pilot. Switching to commercial aviation, he eventually became Delta's chief pilot, was promoted and simultaneously grounded to be operations manager. With earnings and revenues increasing steadily and Delta's growth consistently exceeding industry averages, Dolson is not apt to change many of C.E.'s policies. Nor will he have to worry about...
Died. C. E. Woolman, 76, founder and board chairman of Delta Air Lines; of a heart attack; in Houston (see U.S. BUSINESS...