Word: controllers
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Dates: during 1920-1929
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...necessity for the issue is explained by the fact that some three years ago control of the New York subsidiary was seized by a group with Communistic leanings. They declined to accept arbitration and forced a strike which lasted for nearly six months, cost the union treasury some $3,500,000 in cash reserve, the workers some $30,000,000 in wages. The strike was a virtual failure. So the old officials stepped back in and reorganized...
...establishments,* its newspapers, national magazines (Meredith Better Homes & Gardens [circulation 1,000,000] and Successful Farming [circulation 1,000,000]), its five department stores (Younkers, notable)-all the means which the Des Moines trade area of 1,000,000 people need for their business. Most of the men who control all this business are on the directorate of the new bank...
United Aircraft & Transport, by a stock trade, last week, acquired control of Standard Steel Propeller Co., West Homestead, Pa., maker of air propellers from aluminum alloy. United Aircraft was also organizing Northrup Aviation Corp. to take over the assets of John K. Northrup's Avian Corp., which is developing a new type of all-metal plane at Los Angeles. Recently United acquired Sikorsky Aviation Corp. (amphibians) and Stearman Aircraft Co. (commercial planes), is negotiating for Douglas Aircraft Co. (sport planes...
Humble, hard-toiling, peasant-bred Lancashire has stood for other wage cuts, but this was to the bone. With quiet, orderly determination?with a self-control more intimidating to employers than any show of violence?500,000 steady and skilled workers stopped work on the day the wage cut became effective last week. They are craftsfolk. Out of the question to replace them with scab labor not skilled to spin and weave! The cotton strike, colossal in magnitude, damaging to a dozen allied British trades, world-wide in repercussions, was, at its focus in Lancashire, almost terrifyingly simple: a stark...
...winds of liberalism in the Presbyterian Church last week met gusty resistance. When the Presbyterian General Assembly recently vested control of Princeton Theological Seminary in a single body (instead of dual control by trustees and directors) it virtually assured the ascendance of Modernism in the oldest, richest Presbyterian seminary in the U. S. (TIME, June 3 et seq.'). Greatly distressed were potent Fundamentalists, who have long fought to keep Princeton one of the few remaining strongholds of ancient evangelical doctrine. Last week the Princeton Fundamentalists met in Philadelphia, made plans to secede from Princeton, to found a new seminary...