Word: chairman
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Dates: during 1930-1939
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Claude Swanson was chairman of the Senate Naval Committee in 1918 (when Franklin Roosevelt was Assistant Secretary of the Navy), and ranking Democrat on the Senate Foreign Relations Committee in 1932 (when Franklin Roosevelt was President-elect), but he might never have been Secretary of the Navy if Harry Byrd had not wanted a seat in the Senate and if Carter Glass had not turned down a Cabinet post. To make a Senate place for Virginia's ambitious young Boss Byrd, President Roosevelt named Senator Swanson to a Cabinet position which had often been filled by a mediocrity...
Convicted last week in Manhattan Federal Court for their part in this fruitless flurry were suave William P. Buckner Jr., 32 (bibulous distant relative of sermonizing New York Life Insurance Co. Chairman Thomas A. Buckner), and his associate William J. Gillespie, 37. Unlike most U. S. Government prosecutions, handsome Bondster Buckner's trial produced a flashy array of Government witnesses: Cinemactors Frank Morgan and Herbert Brough Marshall, Everett Crosby, brother and manager of Crooner Bing (none of whom yielded to Buckner's urgings to get rich quick in the Philippine bonds), Doris ("Peewee") Donaldson and two other Broadway...
...bond redemption by Congress legislation. To lobby for the bill "Peewee" and her pals were flown to Washington for champagne parties. Said Buckner, "It never occurred to me that I had to become a monk. . . ." But for throwing away $12,500 of bondholders' funds on the parties, as chairman of bondholders' protective committee, as well as the bond rigging, Bondster Buckner and his friend Gillespie were convicted of mail fraud and conspiracy, may have to spend 37 years in jail...
...family banking house into which he had been born 25 years before, the firm of John R. Williams of Richmond, Va. On the other was the established, close-mouthed management of the $19,303,681 Freeport Texas sulphur syndicate headed by old E. P. Swenson, onetime board chairman of Manhattan's powerful National City Bank...
Today at 36 Lang Williams is president of Freeport Sulphur Co., corporate successor (in a reorganization in 1936) to Freeport Texas. Board chairman is socialite John Hay Whitney who is only 34. Between them they operate the second largest sulphur company in the world (the largest: Texas Gulf Sulphur), which supplies some 27% of the world's supply of brimstone sulphur. Last year gross sales were $10,050,355. With its financial socks pulled up, Freeport Sulphur paid dividends of $2 on 796,380 shares of common stock, has paid a total of 50? in the first half...