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| '''Paul Lyman Troast''' (1895-1972) was a wealthy building contractor from Passaic, chairman of the ] during its construction, and one-time failed gubernatorial candidate. | '''Paul Lyman Troast''' (1895-1972) was a wealthy building contractor from Passaic, chairman of the ] during its construction, and one-time failed gubernatorial candidate. | ||
| According to a letter to the editor written by his daughter, Kathleen Troast Pitney: "Governor Driscoll appointed three men to the Turnpike Authority in the late 1940s -- Maxwell Lester, George Smith and Paul Troast, my father, as chairman. They had no enabling legislation and no funding. They were able to open more than two-thirds of the road in 11 months, completing the whole (project) in less than two years. . . . When the commissioners broached the subject of landscaping the road. . . . the governor told them he wanted a road to take the interstate traffic . . . off New Jersey's existing roads. Since 85 percent of the traffic at that time was estimated to be from out of state, why spend additional funds on landscaping?"<ref>http://www.nj.com/specialprojects/index.ssf?/specialprojects/turnpike/tpletters.html Letter to the Editor by daughter Kathleen Troast Pitney, November 2, 2001</ref> | According to a letter to the editor written by his daughter, Kathleen Troast Pitney: "Governor Driscoll appointed three men to the Turnpike Authority in the late 1940s -- Maxwell Lester, George Smith and Paul Troast, my father, as chairman. They had no enabling legislation and no funding. They were able to open more than two-thirds of the road in 11 months, completing the whole (project) in less than two years. . . . When the commissioners broached the subject of landscaping the road. . . . the governor told them he wanted a road to take the interstate traffic . . . off New Jersey's existing roads. Since 85 percent of the traffic at that time was estimated to be from out of state, why spend additional funds on landscaping?"<ref>, '']'', ], ].</ref> | ||
| In 1953 Troast won the Republican nomination for ]. '']'' wrote "county bosses ... him through a bitter, party-splitting primary last April. Troast, with no political experience, was known principally for his chairmanship of the commission that built the $220 million ]. But his campaigning has been as flat as his turnpike. He was overconfident, started too late, and let the Democrats gobble up most of the best radio and television time.... Troast suffered his roundest wallop early in October, when newspapers broke the story that Troast had asked New York's ] to commute the sentence of Labor Extortionist ]."<ref>{{cite news | url=http://www.time.com/time/magazine/article/0,9171,819047,00.html | title=An Inspiration to Democrats | date=November 2, 1943 | publisher=]}}</ref> Seven major candidates had run in the primary, with Troast beating ] by 47,000 votes.<ref>{{cite news | title=The battle of the billionaires | author=Wally Edge | date=December 29, 2006 | publisher=PoliticsNJ.com | url=http://nj.politicsnj.com/battle-billionaires}}</ref> | In 1953 Troast won the Republican nomination for ]. '']'' wrote "county bosses ... pushed him through a bitter, party-splitting primary last April. Troast, with no political experience, was known principally for his chairmanship of the commission that built the $220 million ]. But his campaigning has been as flat as his turnpike. He was overconfident, started too late, and let the Democrats gobble up most of the best radio and television time.... Troast suffered his roundest wallop early in October, when newspapers broke the story that Troast had asked New York's ] to commute the sentence of Labor Extortionist ]."<ref>{{cite news | url=http://www.time.com/time/magazine/article/0,9171,819047,00.html | title=An Inspiration to Democrats | date=], ] | publisher='']''}}</ref> Seven major candidates had run in the primary, with Troast beating ] by 47,000 votes.<ref>{{cite news | title=The battle of the billionaires | author=Wally Edge | date=], ] | publisher=PoliticsNJ.com | url=http://nj.politicsnj.com/battle-billionaires}}</ref> | ||
| Initially favored, he lost to ] by 154,000 votes. | Initially favored, he lost to ] by 154,000 votes. | ||
| Troast made news again five years later, when, as Time reported: "Rush H. Kress, 81, ailing brother of the late founder of the 261-store ] five-and-ten chain, was replaced as chairman by New Jersey Construction Executive Paul L. Troast, a leader in the revolt of Kress Foundation directors that stripped Rush Kress of power. Command of the slipping company (sales slid from $176 million in 1952 to $159 million last year) will be shared by Troast, recently named President George L. Cobb and Executive Committee Chairman Frank M. Folsom"<ref>{{cite news | title=Changes of the Week | url=http://www.time.com/time/magazine/article/0,9171,868614,00.html | date=July 14, 1958 | publisher=]}}</ref> Troast was a trustee of Kress from 1951–1972. | Troast made news again five years later, when, as Time reported: "Rush H. Kress, 81, ailing brother of the late founder of the 261-store ] five-and-ten chain, was replaced as chairman by New Jersey Construction Executive Paul L. Troast, a leader in the revolt of Kress Foundation directors that stripped Rush Kress of power. Command of the slipping company (sales slid from $176 million in 1952 to $159 million last year) will be shared by Troast, recently named President George L. Cobb and Executive Committee Chairman Frank M. Folsom"<ref>{{cite news | title=Changes of the Week | url=http://www.time.com/time/magazine/article/0,9171,868614,00.html | date=], ] | publisher='']''}}</ref> Troast was a trustee of Kress from 1951–1972. | ||
| Paul Troast served as chairman of the board of ] (NJBIA) and its affiliate, the ] Co., from 1963 until his death in 1972. According to the NJBIA, "he made so many contributions to New Jersey and its business community that Governor ] called him 'Mr. New Jersey'." The NJBIA presents the The Troast Award annually "to a public servant who has made an outstanding contribution to the State of New Jersey and its business community."<ref></ref> | Paul Troast served as chairman of the board of ] (NJBIA) and its affiliate, the ] Co., from 1963 until his death in 1972. According to the NJBIA, "he made so many contributions to New Jersey and its business community that Governor ] called him 'Mr. New Jersey'." The NJBIA presents the The Troast Award annually "to a public servant who has made an outstanding contribution to the State of New Jersey and its business community."<ref>, ], ].</ref> | ||
| == References == | == References == | ||
Revision as of 11:47, 29 March 2008
Paul Lyman Troast (1895-1972) was a wealthy building contractor from Passaic, chairman of the New Jersey Turnpike Authority during its construction, and one-time failed gubernatorial candidate.
According to a letter to the editor written by his daughter, Kathleen Troast Pitney: "Governor Driscoll appointed three men to the Turnpike Authority in the late 1940s -- Maxwell Lester, George Smith and Paul Troast, my father, as chairman. They had no enabling legislation and no funding. They were able to open more than two-thirds of the road in 11 months, completing the whole (project) in less than two years. . . . When the commissioners broached the subject of landscaping the road. . . . the governor told them he wanted a road to take the interstate traffic . . . off New Jersey's existing roads. Since 85 percent of the traffic at that time was estimated to be from out of state, why spend additional funds on landscaping?"
In 1953 Troast won the Republican nomination for Governor of New Jersey. Time wrote "county bosses ... pushed him through a bitter, party-splitting primary last April. Troast, with no political experience, was known principally for his chairmanship of the commission that built the $220 million New Jersey Turnpike. But his campaigning has been as flat as his turnpike. He was overconfident, started too late, and let the Democrats gobble up most of the best radio and television time.... Troast suffered his roundest wallop early in October, when newspapers broke the story that Troast had asked New York's Tom Dewey to commute the sentence of Labor Extortionist Joey Fay." Seven major candidates had run in the primary, with Troast beating Malcolm Forbes by 47,000 votes.
Initially favored, he lost to Robert B. Meyner by 154,000 votes.
Troast made news again five years later, when, as Time reported: "Rush H. Kress, 81, ailing brother of the late founder of the 261-store S. H. Kress & Co. five-and-ten chain, was replaced as chairman by New Jersey Construction Executive Paul L. Troast, a leader in the revolt of Kress Foundation directors that stripped Rush Kress of power. Command of the slipping company (sales slid from $176 million in 1952 to $159 million last year) will be shared by Troast, recently named President George L. Cobb and Executive Committee Chairman Frank M. Folsom" Troast was a trustee of Kress from 1951–1972.
Paul Troast served as chairman of the board of New Jersey Business and Industry Association (NJBIA) and its affiliate, the New Jersey Manufacturers Insurance Co., from 1963 until his death in 1972. According to the NJBIA, "he made so many contributions to New Jersey and its business community that Governor Richard Hughes called him 'Mr. New Jersey'." The NJBIA presents the The Troast Award annually "to a public servant who has made an outstanding contribution to the State of New Jersey and its business community."
References
- Letter to the Editor by daughter Kathleen Troast Pitney, The Star-Ledger, November 2, 2001.
- "An Inspiration to Democrats". Time. November 2, 1943.
{{cite news}}: Check date values in:|date=(help); Italic or bold markup not allowed in:|publisher=(help) - Wally Edge (December 29, 2006). "The battle of the billionaires". PoliticsNJ.com.
{{cite news}}: Check date values in:|date=(help) - "Changes of the Week". Time. July 14, 1958.
{{cite news}}: Check date values in:|date=(help); Italic or bold markup not allowed in:|publisher=(help) - NJBIA news release, December 14, 2004.