Word: crude
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Dates: during 1930-1939
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Last week Dr. Coster and his crude drugs became the X and Y of a mystery-story equation. Other factors were forged Dun & Bradstreet reports, dummy trading companies, phantom warehouses, vanished inventories and missing assets...
...McKesson & Robbins, Inc., whose 1928 expansion was underwritten by Goldman, Sachs and Bond & Goodwin, Dr. Coster transferred a private enterprise of his own, the business of trading in crude drugs from far places-China wood oil, camphor from Japan, Javanese quinine. McKesson & Robbins' crude drug department was very much the private concern of President F. Donald Coster...
...mystery was in the crude drug department, which Dr. Coster ran with the help of Assistant Treasurer George E. Dietrich. Each year the department reported a nice inventory profit from its operations abroad and this profit was added to the inventories and accounts receivable on the books. Accountants Price, Waterhouse & Co. certified that the inventories had been "certified ... by responsible officials" without certifying the inventories themselves...
...print as a barking, brawling, screaming propaganda maniac. Actually the Minister for Propaganda & Public Enlightenment is one of the great political orators of this century. He opens suavely, is restrained most of the time, mellifluent, knows how to whip a point over with the sting of humor, a trifle crude at times?or very crude if Dr. Goebbels is radiorating to the masses...
...record as a trouble shooter and a trouble shooter was what U. S. Rubber needed in 1929. This biggest unit in the industry had been internally unsound when the Du Fonts bought into it in 1927 and 1928. Francis Davis, diagnosed its troubles as twofold: the general collapse of crude-rubber prices that began in 1925 and the individual collapse of U. S. Rubber, suffering from obesity...