Word: controls
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Dates: during 1920-1929
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...this belief in the honesty and sincerity of our government is in any way affected. A continuation of this great public peace of mind now existing, which makes for our material well being, is only possible by holding fast to the plans and principles which have marked Republican control...
Sole Democratic organ in a Vare-ridden city, the Philadelphia Record last week passed from the control of the Wanamaker family into the capable hands of Editor-Publisher J. David Stern, owner of the Evening Courier and the Morning Post of Camden, N. J., 42-year-old veteran of newspaper battles from Seattle, Wash., to Providence, R. I. Like the Rochester Democrat and Chronicle (see above), the Record goes to a local boy. "New ownership," observed Mr. Stern, briefly, "implies no change in editorial policy...
President George K. Morrow of the Gold Dust Corp. telephoned lawyers of John D. Rockefeller last week. Mr. Rockefeller and his friends owned 95,000 shares of American Linseed Co.'s preferred stock, and President Morrow wanted that preferred stock as a good beginning toward buying full control of American Linseed. Later he would deal with Laird, Bissell & Meeds (investment bankers) and others who owned American Linseed common stock...
Trade Terms. Three years ago Clarence Dillon gave the Dodge Brothers heirs a $146,000,000 check for their property. He quickly sold it to the public for $174,000,000, retaining control. Since then the company has bought back several millions of its own stock from investors. For the property as it is, Walter Percy Chrysler last week paid the equivalent of $170,000000 in Chrysler stocks...
Walter Percy Chrysler is from Kansas.* He was a shop helper; he became a mechanic, a superintendent, a general manager. When William Crapo Durant was first ousted from General Motors control (1911; again 1920) and Charles W. Nash (now chairman of Nash Motors) became General Motors president, Engineer Chrysler became Buick's general manager. He developed the steel body for Buicks; increased the output, cut production costs...