Skip to main content
The largest online newspaper archive
A Publisher Extra® Newspaper

The Herald-Palladium from Benton Harbor, Michigan • 10

Location:
Benton Harbor, Michigan
Issue Date:
Page:
10
Extracted Article Text (OCR)

TEN NEWS-PALLADIUM, BENTON HARBOR, MICH. SATURDAY, NOVEMBER 30, 1974 Texas Oilman Was 85 IFriifirflil IBiElioiiaiM'e IHLLo Hiraii EDies Hunt children by his first wife and the children by his second. Hunt remarried after the death of his first wife. in the nation. Hunt bought a plantation in Arkansas mostly for taxes and debts.

But when Arkansas drillers struck oil, he headed for the fields. By 1920 Hunt had his first million, but the big riches came at the East Texas oil field, greatest ever found to that time. Hunt slogged through the muddy East Texas oil fields in a Model-T Ford buying and selling oil leases and watching over his drilling rigs before moving to Dallas. There he bought an outsized replica of George Washington's Potomac home overlooking a lake in the city. He named his home Mount Vernon.

He later diversified into such businesses as pecans, asphalt, canned chickens, roses, and cosmetics virtually guaranteed to keep users looking young. "I've never tried to become the biggest oilman or anything else," he once said. "For all practical purposes a man with $200,000 is as well off as a man with $200 milUon. A millionaire who throws his money around is stupid." Another time, he said, "There are times when I've wished I'd up stone broke. It would be a great adventure to see how good I was, to see if I could create lots of wealth again." One legendary story has ch culated in Dallas for years about when his son, Lamar Hunt, owned the Dallas Texans later the Kansas City Chiefs and the football team was losing money.

The story goes that a friend said to Lamar's hear Lamar is losing a million dollars a year on the football team. For God's sake, how long can that last." "About 60 years," the elder Hunt There are signs that a titanic struggle may ensue over Hunt's empire. Earlier court cases involving various wiretap charges brought up that possibility. Paul M. Rothermel, former top Hunt security boss, said two years ago in an interview that there is a struggle between the richer had he never gambled.

Stories of his frugality are legion. He carried his lunch in a brown paper bag, walked blocks to and from his office to save 50 cents on parking fees and toured his home turning out unnecessary lights. Conservatives viewed him as a great spokesman; liberals considered him a symbol of the far right and of big business. But Hunt preferred to be known as a "constructive." He said he aimed his money at better government and once told a national television audience that the last really good president was Calvin Coolidge. Hunt, who was born Feb.

17, 1889, was the youngest of eight children of a Confederate war 'veteran. He quit school at the fifth grade to roam the country working as a farm hand, lumberjack and cowboy. Five years later he inherited $5,000. That inheritance became the basis for what billionaire oil-" man J. Paul Getty called the largest independent oil fortune DALLAS (AP) H.L.

Hunt, who parlayed a $5,000 inheritance into one of the world's greatest fortunes, once said that anyone w'ho knew how rich he was wasn't very rich. Hunt, an oilman with conservative political views and deep-seated opinions on how money should be used, died Friday at age 85 after a lengthy stay at Baylor Hospital here. He was admitted with a virus last September. The family declined to give the cause of his death. Funeral services will be held Monday at the First Baptist Church in Dallas with burial at Sparkman-Hillcrest Memorial Park.

Hunt, whose fortune has been estimated at $2 billion, gave this formula for making money: "You have to be lucky. You have to be of an acquisitive nature, aggressive and thrifty." He once was known as a big-time gambler, particularly on sports events. But he stopped gambling and smoking in his later years and he claimed he could have been five times i- SNOW READY FOR PRESIDENT: Skiing conditions at Vail, are reported at 12-inch, packed powder. Present plans call for President Gerald Ford and his family to spend a skiing vacation at Vail over the Christmas and New Year's holidays. has 42-inch depth and Wolf Creek along with Berthoud Pass have 36-iiich depths.

(AP Wirephoto) i- Their Fingers Crossed For Jupiter Rendezvous I INTRODUCING R00CCTTr zone break up, said Gehrels at a news briefing Friday when the spacecraft, traveling at 26,500 miles per hour, moved to within 2.5 million miles of Jupiter. Pioneer 11 is expected to make its closest approach Monday night. At that point, it will be bombarded by intense radiation. Earlier, Dr. L.

V. Baker said in an interview he already had detected a dark spot in the south tropical zone which indicated the solid light weather zone could already be breaking up. MOUNTAIN VIEW, Calif. (AP) Scientists are banking on the "luck of Pioneer 11" to survive a hazardous rendezvous with Jupiter and give them an armchair view of the giant planet's weather system. Dr.

Tom Gehrels, chief of the Pioneer team operating its picture-taking instrument, said Pioneer 10 luck a year ago gave scientists their clearest view of the solid light weather zone in the planet's southern tropical region. "It would be the luck of Pioneer 11 if we could see this He said a picture showed the spot to be on the opposite side of the planet from where the famous giant red spot, a cen-turiesHoftl hurricane, is located. "My guess is that 'the dark spot indicates the zone may be breaking up," said Baker. An analysis of the pictures will give scientists detailed knowledge of how the weather patterns on Jupiter operate, and may help them better understand the earth's weather system, say scientists here at the National Aeronautics and Space Administration's Ames Center, which DOOR PRIZE! BOSSES NIGHT: PANASONIC 660 CALCULATOR SECRETARIES NIGHT: MR. COFFEE I FREE REFRESHMENTS FREE GIFT WRAPPING! OPEN UNTIL 8:00 Ford Will Miss 1-196) Dedication 3 Many other games to choose games to choose DIES: H.

L. Hunt, one of the world's richest men, died Friday in Dallas, Texas. Hunt, 85, had been hospitalized since last September. (AP Wirephoto) Travel Clapper Wood Clappers Chess Set Miniature plastic peg chess. Walnut peg board in durable simulated leather box hinged cover.

4 Model Tl -70 Without snooze alarm 95 i i I I 1 I I from! I wti'Sy CIi Inese (c5! gj Game from! electronic calculator i By Texas Instruments operates the Pioneer If the spacecraft survives the radiation bombardment, it will give scientists their best view yet of the mysterious north and south poles of the planet, Gehrels said. "These are very strange, deep gaseous regions that we've known about for a long time, but Pioneer 11 will give us a look at them," he said. Scientists expressed optimism that the spacecraft would survive the intense radiation and send back the information. Pioneer 11 will come to within 26,725 miles of Jupiter's cloud tops. Scientists hope to compensate for the greater radiation by sending Pioneer 11 through the most dangerous area at 107,000 miles per hour faster than any spacecraft has ever traveled so that it will be exposed to the most intense radiation for only two to five minutes.

President. Meanwhile, all but a little: cleanup work is completed on Michigan's other Ford Freeway named after Edsel Ford (no relative) and located in Detroit, the state highway department said. The Edsel Ford Freeway and the John Lodge Freeway, also in Detroit, have undergone extensive repair at a cost of about $20 milhon, the department spokesman said. 1 The Edsel Ford and Lodge Freeways are the two most heavily traveled highways in the state. Heavy duty, stackable, interlocking and colorful plastic cases.

Case size: Adds, subtracts, multiplies and divides instantly. Bright 8-digit display shows negative sign, decimal point, ail numerals and calculation overflow indication. Battery operation operates from 3 easy-to-replace pen-light batteries' (not included). Light weight and completely puiidoie Tor use anywhere. 90 Day 5 Mfg.

Warranty MEMOMATIC ty Park Sherman Business Gift CROSS Writing Instruments in 12 Karat Gold Filled Chrome THE FOLLOWING DOWNTOWN BENTON HARBOR STORES WILL BE OPEN SUNDAY, DEC. 1st 12:30 to 4:30 LANSING, Mich. (AP) President Ford will not attend the dedication next month of the western Michigan freeway that bears his name, a state highway department spokesman said Friday. Ford has informed state of ficials that he won't be able to show up when the Gerald R. Ford- Freeway otherwise known as Interstate 196 is of- ficially opened to traffic Dec.

11, the spokesman said. The highway runs 80 miles from Benton Harbor to Grand Rapids, Ford's hometown. The highway cuts through some of the territory Ford represented for 25 years as a congressman. Some 56 miles of the freeway already are in use. The ceremonies will mark the opening of a 24-mile portion from Holland to Grand Rapids.

It is not known if any White House representatives will be on hand, the department spokesman said. The legislature passed a resolution naming the freeway after Grand Rapids most prominent son, the 38th U.S. Air Force To Buy Fighters WASHINGTON (AP) The Air Force has awarded General Dynamics Corp. a increase in a contract for Fill fighter planes, even though President Ford is seeking to cancel congressional authorization for 12 more planes. An Air Force spokesman said Friday that the additional money is intended to keep the Fill production line open in case it is decided later to buy the planes.

Ford earlier this week asked Congress to the authorization as part of a series of budget cutbacks. 12K Gold Filled It FREE Texas Instruments electronic digital dock snooze Qromn Tl-71 FURNITURE STORE PHONE 926-0293 Palladium Automatic roll memo pad. One hand operation! Walnut grain top. sua OUR RETAIL OFFICE SUPPLY rdo VISIT JC PENNEY ZALES JEWELERS CUNNINGHAMS PIPESTONE BOOTERY ARISTA THRIFT SHOP EAST END FURNITURE 0) OJTrt TO ME MY 215 COLFAX BENTON HARBOR Across from The News mm jmmm mr( Br nil.

Get access to Newspapers.com

  • The largest online newspaper archive
  • 300+ newspapers from the 1700's - 2000's
  • Millions of additional pages added every month

Publisher Extra® Newspapers

  • Exclusive licensed content from premium publishers like the The Herald-Palladium
  • Archives through last month
  • Continually updated

About The Herald-Palladium Archive

Pages Available:
924,725
Years Available:
1886-2024