Word: centralization
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Dates: during 1930-1939
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...this instance the screws were being put on old Daniel Willard's Baltimore & Ohio by Frederick Williamson's New York Central. The screwdriver was Universal Carloading & Distributing Co., biggest operating subsidiary of the biggest freight forwarding company in the land, U. S. Freight Co. Universal's business consists of collecting small freight shipments at strategically located terminals, consolidating the assorted packages into carload lots, dispatching the loaded cars to another Universal terminal, where the carload is unscrambled, the goods delivered to their respective consignees...
Since forwarding companies, not the shippers, route the freight, the railroads have a natural interest in forwarding affairs. Among the I. C. C. revelations last week was the method by which New York Central controls U. S. Freight and its big subsidiary, Universal-through a tortuous labyrinth of holding companies and dummy corporations. National Carloading Corp., No. 2 freight forwarder of the U. S., is tied up with the Van Sweringen interests...
Haigis, winding up his campaign in whirlwind fashion, is addressing from 20 to 30 meetings every day in the vicinity of Greater Boston. He has already covered Western and Central Massachusetts earlier in the fall...
...that the years since the Treaty of Versailles have witnessed a steady disintegration of the post-war settlement into a state of affairs almost exactly analagous to that existing just before the World War. He pointed out how the recent rapprochement of Germany and Italy had consolidated the old central bloc in Europe, and how France, Great Britain and Russia stand in almost exactly the same relation as they...
...wrecked, the London Economic Conference. The administration's silver policy brought China to the brink of disatser. "The good neighbor" policy, for which the President holds himself solely responsible, was instituted in Hoover's administration when marines were withdrawn and a general pacific attitude in regard to South and Central America prevailed. And it was not so long ago that he flailed the heads of many European governments, thus contributing, of course, to the general harmony. Lastly, and most pertinent today is the aggressive Eastern policy of building a navy "second to none"; sending the fleet on threatening maneuvers...