Word: corps
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Dates: during 1920-1929
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Morgan Family. When Commonwealth & Southern Corp. was organized recently by Bonbright & Co. with 60 million shares capitalization and Morgan backing, observers saw it as a sister to potent United Corp. which would extend the Morgan utility sway south, southwest, inland to the Great Lakes. Last week their beliefs were justified...
...That it had acquired more than 90% of the common stock of Commonwealth Power Corp., Penn-Ohio Edison and Southeastern Power & Light, operating in eleven States, with total assets of over a billion dollars...
Springing directly from the Silent Cinema, the Talking Cinema is controlled mainly by strong Silent Cinemen. Great film names, with sound and without, are Fox Film Corp., Paramount-Famous-Lasky Corp., Warner Bros., United Artists. Yet one potent Talking Cinema company backs its speaking present with no silent past. This company is opulent, many-branched Radio Corp. of America. In Photophone it has its own talking mechanism. In RKO Productions, Inc., it has its own production and distribution company. In General Electric and Westinghouse Electric it has tremendous laboratory resources. During 1929-30 there will be made 30 full-length...
...transition of Radio Corp. from a communications company to an entertainment company is a story in several chapters. In 1919, when Radio Corp. was formed, it was organized solely for the purpose of transmitting wireless messages. At that time Great Britain, long dominant in cable communication, was also the outstanding leader in wireless. World's greatest wireless company was British Marconi (Marconi's Wireless Telegraph Co., Ltd.) which controlled American Marconi (Marconi Wireless Telegraph Co. of America), leading U. S. wireless concern. British Marconi was attempting to buy from General Electric Co. exclusive rights in the Alexanderson high...
...resolved to organize a potent U. S. wireless company which would enable U. S. wireless to compete on equal terms with British wireless, and be a customer for the Alexanderson alternator. General Electric bought out the British Marconi company's interest in American Marconi, organized Radio Corp. of America to take over the business of American Marconi, which thereupon became defunct. Associated with General Electric were American Telephone & Telegraph, United Fruit Co., and Westinghouse Electric, of which only Westinghouse remains an important factor. Thus U. S. wireless became strong and vigorous, developed a three-second trans-Atlantic service, carried...