Word: centralizing
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Dates: during 1920-1929
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...free travel of officials to resorts. The Atlantic Coast Line goes to Florida. Its private cars journeyed 96,507 free miles on other lines while it had to haul without charge the private cars of other companies a total of 456,683 miles over its own tracks. The Maine Central runs to Bar Harbor. While its private cars moved 2,028 miles over other lines, it gave private cars of other lines free rides for 41,521 miles...
...utilities in which he is interested should suddenly be demolished, one U. S. electric light out of every ten would go dark. The investor in Shenandoah is virtually turning his money over to Sidney Weinburg and Waddill Catchings of Goldman Sachs and to Harrison Williams of Central States Electric Corp. -men whose names are million-dollar assets in billion-dollar industries...
...their time as commercial paper buyers and the remainder as clothing peddlers with packs on their backs. When the sons of the founders became active in the business, difficulties arose between young Henry Goldman and the Sachs family, reputedly concerning Mr. Goldman's sympathetic War attitude toward the Central Powers. At any rate, there are now no Goldmans in Goldman Sachs. Founders Harry Sachs and Samuel Sachs sometimes visit the offices, are more frequently engaged in trips to Europe and other distant localities. Sons Walter, Arthur and Howard Sachs are partners. Walter Sachs lives at Darien, Conn. Arthur Sachs...
...well qualified when, one year ago. Aviation Corp. of the Americas bought Pan-American Airways, to make his project actual. During the past year he has opened passenger lines from Miami to Nassau, to Cuba and the West Indies as far as Porto Rico (a tourist route), to Central America via Brownsville, Tex. and Mexico City...
...directorate of the Association includes such names as Quincy Bent, vice president of Bethlehem Steel, Lawrence Aloysius Downs, President of Illinois Central, and Matthew Scott Sloan, president of New York Edison. Actual standardizing activities, however, will be carried on along the original engineering lines. The Association also announced a close contact with the U. S. Bureau of Standards, one of its directors being George Kimball Burgess, the Bureau of Standards head...