Word: controllable
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Dates: during 1920-1929
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...cost of gas. The gas companies had fixed it at $1 per null cubic feet, declared the figure could not be slashed. Counsel Hughes proved that 80¢ was ample. The reports and bills he drafted were upheld by the courts and led to the naming of a commission to control the state's lighting industry...
...members of the British House of Commons made an astounding insinuation last week-that the private Belgian concern, Union Miniere du Haut Katanga, which manufactures 90% of the world's radium under Belgian Government control, was restricting that valuable metal's production. The Belgian pitchblende mines, whence the related radium, polonium and lead are refined, are at Katanga, Belgian Congo. Those mines have far outdistanced the Jackinov mines in Czechoslovakia where Becquerel and the Curies got their first pitchblende supplies. Other, but at present little used, sources of radium are autunite deposits in Portugal, betafite deposits in Madagascar...
...secretary, two new vice presidents, no new Executive Committee. Victorious, at least temporarily, was Founder William Childs, who last December was deposed as President and installed in theoretical passivity as Chairman of the Board. Mr. Childs regarded his Chairmanship as no honorary position. Securing a 6 to 2 control of the directors, he last week bodily removed the "usurping" executives and replaced them with members of his own family. For the time being at least, the Childs' restaurants (125 units, $37,000,000 capital) returned to the Childses...
...that it had received its proper share of the short lines. Since the failure of these negotiations, no decisive merger movement has taken place. Last fortnight, however, the New York Central secured the approval of the Interstate Commerce Commission in acquiring the Big Four and Michigan Central roads, stock control of which it has for some time owned (TIME, Feb. 4). It is believed that the Van Sweringen Brothers will also proceed with their individual merger plan. The failure of the four railroads to agree will thus eventually land them all before the Interstate Commerce Commission, which is the last...
...Wyckoff turned the management of the magazine over to Mrs. Wyckoff when he discovered that she was making it show a profit. In the early years she accepted stock instead of salary. In 1926 the Wyckoffs signed an agreement which severed their business relations, giving Mrs. Wyckoff complete control of the Magazine of Wall Street. Mr. Wyckoff received $500,000 in 7% bonds...