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Typical of the great men's attitude was the testimony of Albert Clayton Woodman, president of Richfield Oil Corp. of New York, questioned by Assistant U. S. Attorney John Harlan Amen...

Author: /time Magazine | Title: Business & Finance: Socony-Vacuum Merger | 7/14/1930 | See Source »

...Clayton Act proceedings against Nickel Plate for its control of Wheeling. This is purely a technical maneuver of astute Wabash Chairman William Henry Williams. Though Pennsylvania controls his road, Mr. Williams is generally considered to be acting independently in his merger moves. Both he and the Taplins would assemble precisely the same system: Lehigh, Wabash, Wheeling & Lake Erie, Western Maryland, Pittsburgh & West Virginia. Such a system would be most distasteful to the Van Sweringens and the B. & O., most agreeable to the Pennsylvania...

Author: /time Magazine | Title: Business: Rail Week | 6/30/1930 | See Source »

...Mississippi. Dave Harris, black and 35, was suspected of stealing groceries from the Clayton Funderberg farm near Rosedale. Young Clayton Funderberg, 17, with two friends marched out with shotguns to the Harris cabin to "teach that damn nigger a lesson." Harris met them with a volley of buckshot, dropped Clayton dead in his tracks, fled for the Mississippi swamps. All night 200 men and boys searched for him, found him at dawn, cringing in an empty barn. They lugged him up to the levee, mocked his yammerings for mercy. "De Lord save me-" cried Harris as guns cracked about...

Author: /time Magazine | Title: RACES: Lynchings No. 2,3 and 4 | 5/5/1930 | See Source »

High over San Francisco's Golden Gate during last week's western war games, Flyer-Artist Clayton Knight sketched the position of two "enemy submarines" driving toward the metropolis. He handed the chart to Lieut. Haydn P. Roberts, radio engineer, who inserted it in a cylindrical machine. Forty seven seconds later the drawing was reproduced in a receiving device at Mather Field, 75 mi. away, whence a squadron of bombers was sent to destroy the invaders. While the picture was being transmitted, Flyer-Artist Knight conversed with ground officers, elaborated on the scene. Based on a principle akin to telephotography...

Author: /time Magazine | Title: AERONAUTICS: Rentschler Triumphant | 5/5/1930 | See Source »

...spent $40,000 to help elect Herbert Hoover, but failed to report its political expenditures. Its officers reached into Congress and hired two U. S. employes as "Washington correspondents." They were Edward Nelson Dingley, 68, white-haired tariff expert on the payroll of the Senate Finance Committee; and Clayton Moore, clerk of the House Ways & Means Committee. Expert Dingley is the son of the late Nelson Dingley Jr., for 18 years a representative from Maine and chairman of the House Ways & Means Committee which framed the Tariff Act of 1897 that bears his name.* Clerk Moore...

Author: /time Magazine | Title: National Affairs: Light on Lobbying, Cont. | 2/3/1930 | See Source »

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