Word: corps
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Dates: during 1920-1929
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...grandiose fortnight that ended for Charles Michael Schwab in Manhattan last week. He had sat, dined and posed with the country's other industrial tycoons (TIME, Oct 29). He gave $25,000 to the Republican national campaign fund. His Bethlehem Steel Corp. made its report for the third quarter of this year. (Its business and profits this year have run somewhat less than last. But production now is at 94% of capacity and is efficient. Directors again decided to pay no common dividends.) Lastly, happily and philosophically Tycoon Schwab presided over the yearly general meeting of the American Iron...
...national play for aviation manufacture, Cleveland last week lost another deal, recuperated on a previous loss. ^ The current loss was Goodyear Zeppelin Corp.'s proposed factory for building, first, two airships larger than the Los Angeles or Graf Zeppelin, and later, simi- lar ones. Cleveland wanted the industry. Los Angeles, San Diego and 100 other cities wanted it. President Paul Weeks Litchfield of both the Goodyear Tire and Rubber Co. and the affiliated Goodyear Zeppelin Corp., chose Akron, Goodyear headquarters...
...happily for Cleveland, President William Robert Wilson of the Detroit Guardian Trust Co., a onetime automobile executive, planned with Detroit, Chicago. Manhattan and Cleveland bankers to enter commercial aviation. They formed the Great Lakes Aircraft Corp. with their thoughts on the Martin factory and airfield about to be abandoned in Cleveland. Glenn L. Martin was willing to sell his property, leases and restricted rights to his patents for about $2.000,000. Last week the deal was closed. Great Lake? Aircraft will build medium-sized planes to carry passengers and mail...
...announced a list of seven speakers who should interpret, jointly and severally, "The Current Situation." Impressive were names, titles, themes, as follows: Franklin Delano Roosevelt, President, American Construction Council (Building and Construction); Harold Higgins Franklin Swift, Swift & Co. (Meat-packing); Myron Charles Taylor, Chairman Finance Committee, U. S. Steel Corp. (Iron and Steel); Charles Franklin Kettering, President, General Motors Research Corp. (Automobiles); Walter Sherman Gifford, President A. T. & T. (Communication); Frank Brett Noyes, President, The Associated Press (Printing and Publishing); Charles Edwin Mitchell, President, National City Bank (Finance...
Russia. The Amtorg Trading Corp. of New York, sole U. S. purchasing agent for the Soviet Government and the International General Electric Co. of New York have concluded a deal whereby $25,000,000 worth of U.S. electric apparatus may be sent to Russia within the next five years. Thus was pointedly marked a commercial rapport between the two countries. The Russian press was jubilant over the deal; Economic Life of Moscow talked about a breach in the ''credit blockade...