Word: 20s
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Dates: during 1950-1959
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Through the '20s and '30s, no fewer than 45 new business machines appeared under the new IBM label. While other companies cut payrolls through the Depression, Watson refused to lay off men. IBM stored away what it could not sell, against better days. In 1933 Watson bought up Electromatic Typewriters, Inc., a Rochester (N.Y.) firm which had the first completely electric typewriter, and put the first such mass-produced machine into U.S. business offices...
...Page explained it: "Your capacity for tension has a limit beyond which it isn't safe to go ... The patterns you establish in your late 20s and early 30s largely determine your load-carrying capacities during your 40s and later. Crackups in middle life are usually the consequence of what you have accumulated or abused in your earlier years. Most crackups are needless. They are a self-invited penalty that we Americans are paying for a doubtful standard of material success. In Europe, and over most of the world, physical and mental crackups are rare, despite wars and tensions...
...take some of the load off "Gorty" Gortatowsky, who rose to the top through editorial channels, Hearst directors had chosen a man from the business side. Boston-born Harold Kern joined the advertising department of Hearst's Boston American in the '20s. He worked for Hearst's national advertising office for several years, in 1938 was made publisher of Hearst's three Boston papers (Record, American and Sunday Advertiser). All three were limping along, with the American in the worst shape financially. Kern changed it to match the tabloid format of the Record, started a combination...
...Philadelphia heiress turned nun, widely honored as the founder (in 1891) and first superior general of the Sisters of the Blessed Sacrament for Indians and Colored People; in Cornwells Heights, Pa. The daughter of Multimillionaire Banker Francis Anthony Drexel, Mother Katharine renounced personal wealth and social position in her 20s, dedicated her life and the income from her $7,500,000 inheritance to charitable and educational work among American Indians and Negroes...
...industry has come full circle since the '20s, when boom talk lured it into its last expansion. In the mid-'30s, Depression winds cooled its kilns; as private and public construction slumped, plants all over the nation shut down and production dropped to less than 30% of capacity...