Word: cuba
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Dates: during 1920-1929
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...Confirmed the appointment of Harry Frank Guggenheim as Ambassador to Cuba...
Greatest of the Cuban sugar companies is Cuba Cane Sugar Corp., formed early in the War, now controlling 829,500 acres. Yet despite its dominance, Cuba Cane suffered with all the other Cuban producers when their tremendous output was joined by new peacetime crops from Europe. For many a year Cuba Cane has stumbled on, always seeming on the verge of either collapse or sudden success. But coming on Jan. 1, 1930, is an obstacle no company in poor shape could meet-the maturity of $25,000,000 debentures. To surmount this obligation, a complete reorganization was planned, chief feature...
...management. Through a spokesman they said, "We propose to organize a committee to resist the receivership on the ground that such receivership would represent a retention of control and extension of influence by the same group responsible for this magnificent ruin. . . . The receiver proposed (John R. Simpson, president of Cuba Cane, Vice President and Director of Sinclair Consolidated Oil Corp.) is not qualified as he is not a sugar...
...indication of the financial background of many a stock purchaser was seen in the inquiry received by a broker from a customer as to whether Cuba Cane was or was not a corporation dealing in walking sticks, crutches...
...seater, dual control Consolidated biplane was equipped with these new instruments, plus of course the usual flying equipment, and put on the field. Harry Frank Guggenheim, 39, president of the Guggenheim Fund and Ambassador-nominate to Cuba was present. He and Lieutenant Doolittle had an argument. The Lieutenant wanted to fly the plane alone. Mr. Guggenheim, a flyer himself, insisted that Lieutenant Benjamin Kelsey, who had assisted in the research, occupy the front seat, to take control in case accident happened. Piqued, daring (TIME, Sept. 30) Lieutenant Doolittle consented. He crawled into the rear cockpit, hauled an opaque cloth entirely...