Word: chairman
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Dates: during 1930-1939
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...Crosses on four officers, after General George H. Brett, chief of the Matériel Division, had introduced distinguished guests. Among the latter, the men who must build-their nation's wings up to world war strength in two years eyed particularly a chunky Congressman from Akron, Chairman Dow Harter of the aviation subgroup of the House Military Affairs Committee. For he was trying to help get the expansion program through on time, and to spread its work and profits...
...that this was our war from the start") and bent their energies to help. When Allied purchasing agents in the U. S. began fruitlessly bidding against one another, the Morgans became central purchasing agent to the Allies, and Morgan Partner Edward R. Stettinius (whose Son Edward was to become chairman of U. S. Steel 21 years later) bought $3,000,000,000 worth of U. S. goods for shipment to England and France...
...between the purchase price (96) and the selling price (98). Of this sum the Morgan firm received $66,000. From its 1% commission as purchasing agent for England and France Morgan & Co. got $30,000,000. All that ended when the U. S. entered the War, when Davison became chairman of the Red Cross War Council, and Stettinius became second assistant Secretary of War, when the U. S. Treasury took over the job of Allied banker...
Died. Frank Wheeler Mondell, 78, longtime Republican Congressman from Wyoming, party Floor Leader from 1919 to 1923, chairman of the 1924 Republican Convention; of leukemia, in Washington...
...Steel. Big Steel's stockholders heard from Chairman Edward Stettinius much the same story, minus the sugar-coating common dividend. White-haired, springy, no geranium in the profane steel business, young (aged 38) Ed Stettinius is the kind of man who looks his Corporation's troubles in the eye. He announced: 1) that Big Steel would pay its regular quarterly preferred dividend (again better than 75% unearned); 2) that second-quarter earnings ($1,309,761) were about $650,000 more than the first quarter's-but only because the Corporation decided to cut depreciation charges...