Word: concerned
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Dates: during 1930-1939
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Merger. The union of the two companies would create a concern with assets of about $900,000,000, with earnings far above those of Standard of California, about equal to Standard of Indiana, but below Standard of New Jersey. The two companies would distribute petroleum products equal to about 9% of the total U. S. consumption. Especially potent would be the new combination in battling the Royal Dutch-Shell group which has been engaged in combat with Standard of New York both here and abroad...
...price levels, the value of franchises, patents, goodwill and other intangibles. On that basis it earns only 5%. It ups its rates to consumers to boost its earnings and its percentage of profit. The State interferes. The corporation appeals to the U. S. Supreme Court which must decide the concern's property value against which income may be figured. The court agrees that the company is worth say $195,000,000, that 5% is not a fair return on that valuation, and therefore voids the State's restraint as a Constitutional violation. The Court then says the corporation...
...held that a franchise obtained for nothing was worth $5,000,000 to the company, that earnings of 6.26% were so low as to be confiscatory. He warned of "the great economic oppression" that would follow such decisions. Said he: "I do not know of a proposition of more concern to all the people than the relationship which these properties and natural resources shall bear to the masses of the people in the U. S." The Senator also found that Mr. Hughes's plea that General Electric Co. had a vested right in perpetuity in a broadcasting wave length...
Some, however, do not think. Others think and discreetly do nothing. But out of the concern of a few churchmen for the welfare of tough-hided steelmen arose the war of Church v. Steel. Last week a long truce in that war was broken, and decisively broken, by the Church...
Seldom does even the most sensational journal concern itself with corruption outside its own city. But the Hearst-owned New York Evening Journal had seen fit to start a campaign last month to clean up the politics of gaudy Atlantic City, 123 mi. away. Its action was explained by the fact that the resort, a happy hunting ground for shillabers and sharpsters, is frequently visited by the Journal's clientele...