Word: arkwright
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Dates: during 1940-1949
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Worth Street, on Manhattan's lower West side, is the center of the U.S. cotton goods business. In a short reach of half a dozen run-down blocks lie many of the country's biggest and oldest cotton textile houses and the starchy Merchants and Arkwright clubs for Worth Street. Worth Street firms sold more than $2 billion worth of cotton cloth and yarns in 1947-90% of the output of all U.S. mills...
...boss's explanation was confirmed by Georgia Power Co.'s President Preston S. Arkwright, who said that though the operators were supplied by "the Pinkerton agency," this had "nothing to do with labor or labor unions." President Ross C. Wallace of Central Illinois Light Co. spoke up about the tear gas and shells: $500 worth were bought for burglary protection and to patrol the company's lines when a neighboring company was on strike. In Springfield, ILL., Eugene Scott, business manager of Local 702 of the International Brotherhood of Electrical Workers (A. F. of L.), gave Central...
...State (in 138 counties, 626 communities & cities). Ever since red-gallused Gene Talmadge as Governor in 1933 forced a cut, Uncle George's rates have been among the lowest in the U. S. Politically, the company's two top figures are white-thatched, personable President Preston Stanley Arkwright and bulky, pervasive Fred B. Wilson, assistant to Mr. Arkwright. Neither able Mr. Arkwright nor Uncle George is entirely independent. Georgia Power is a subsidiary of Commonwealth & Southern Corp., whose president is GOProspect Wendell Willkie. As a subsidiary, Georgia Power is subject to the Public Utilities Holding Company...
...ramifications. According to the Times, the investigation's nose was pointed towards grey, New-Deal-hating Senator Walter Franklin George of Georgia and his 1938 campaign (when the New Deal failed to purge him out of the Senate). Next was heard a loud bang from Atlanta. Roared Mr. Arkwright (after consulting Mr. Willkie): ". . . The Administration is now trying to smear Senator George. . . . Another pet hate of the New Deal is the utilities. This is an effort to smear both-to kill two birds with one stone, thrown underhanded." Mr. Arkwright then went further, denied things that...
Senator George nearly hit the ceiling of his Washington office, rolled up his sleeves to denounce this New Deal calumny. Calmer friends restrained him, suggesting that the smearing had actually been done by Mr. George's friend Mr. Arkwright; no SEC party concerned had officially mentioned the Senator. In Washington a telephone line soon connected SEC Chairman Jerome Frank and Candidate Willkie, who might well have considered himself the target of a third underhand stone. Canny, calculating Jerome Frank's first administrative tenet is to lay off avowed foes of SEC whenever possible. Up to now, in line...