Word: british-american
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...sometime." But like all great tycoons, he could surround himself with able, loyal subordinates. For his board of trustees he chose 15 men he knew well, all Southerners but one. Board president and largest in calibre is George Garland Allen, president of Duke Power Co., vice board-chairman of British-American Tobacco Co. Treasurer is W. C. Parker, long a member of Duke Power Co. Among other Duke trustees are: William Robertson Perkins, counsel for the Duke brothers and for many a power and tobacco company; William States Lee, chief engineer of Duke Power Co., who first aided James Buchanan...
...interest to the educational world. In creating research departments especially adapted to meet the needs of Southampton industries, the university has no intention of sacrificing its general educational facilities for the sake of technical specialization. Training men, however, directly for jobs in the Imperial Chemical Industries Company or the British-American Tobacco Company can not fail to limit the scope of their education. Furthermore, if a university is to determine the field of its research by the type of industry common to the locality, it can not aspire to the ideal of being really representative...
Hour's Sail. As specified by the 1924 British-American extraterritorial seizure convention, a rumrunner may also be boarded within one hour's sail of the coast by the boats concerned. Well aware of the potential technicalities of the Josephine K. case, the board of inquiry had the captured ship ballasted with scrap iron, staged a race with the CG-145. The Josephine K. made 9.55 knots, the patrol boat 11.15. Again the evidence was favorable to the Coast Guard. Sea lawyers also remembered the "hot pursuit" clause in the 1924 agreement, but whether a hot pursuit...
...made by Sir George Alfred Willis's Imperial Tobacco Co. of Great Britain and Ireland, Ltd., which for 12 months ending Oct. 31, 1929. showed a net income of ?9,476,000 ($46,053,000) compared to about $30,000,000 1929 net for American Tobacco. The British-American Tobacco Co., Ltd., formed in 1902 by American Tobacco and Imperial Tobacco (the American interest has scattered since the dissolution of the old American Tobacco Trust; Imperial has probably much increased its original one-third interest), is not directly affected since, in spite of its name, it sells neither...
...need for combination in their industry they proceed warily with one eye on the anti-trust laws. Foreign producers, however, have few inhibitions, not only in combining corporations but in regulating markets, production, prices. Thus last week a group of British and South American tin men formed the British-American Corp. with the avowed purpose of stabilizing the price of tin at ?265 a long ton ($1,284). This price would be the equivalent of about 57 1/2 a pound as compared to last week's National Metal Exchange (Manhattan) quotations of around 45?. The one million pound capital...