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...shrewd and able executive is Victor M. Cutter, onetime timekeeper and now President of United Fruit Co. Most famed North-Central American enterprise, U. F. C. is the largest fruit shipper (97 steamships in the Great White Fleet), largest landowner (2,000,000 acres in Colombia, Costa Rica, Guatemala, Honduras, Panama, Canary Islands, Jamaica, Nicaragua, England, France, U. S.), largest U. S. banana importer (1928: 33,872,000 stems). Last year the Great White Fleet carried 72,000 passengers. On land, United Fruit Co. operates 2,300 miles of railway and tramway, owns herds of 30,000 cattle...

Author: /time Magazine | Title: Business & Finance: Fruit Trouble | 11/25/1929 | See Source »

...smallest tax upon President Cutter's shrewdness has been the necessity, increasing year by year, of impressing upon sensitive Central Americans that the great U. F. C., industrially dominant, is also the personal and political friend of each and every Latin American republic. Accordingly, last January, he wrote and published Foreign Trade's Golden Rule, explaining the essential economic unity of U. F. C. and the countries in which it operates. Accordingly, last week, he was vexed to find a rift in at least one of U. F. C.'s golden unities...

Author: /time Magazine | Title: Business & Finance: Fruit Trouble | 11/25/1929 | See Source »

...through a bramble-clogged swamp to an Indian settlement. The Indians peeled off their ice-caked clothing, gave them food, but stolidly refused to try to reach their derelict companions. Not until four days later, when the seas had abated, were the marooned sailors rescued by a Coast Guard cutter...

Author: /time Magazine | Title: CATASTROPHE: Lake Boats | 11/4/1929 | See Source »

...desk were the syndicate's account books, showing profits of $2,000,000 in the last six months. Among the disbursements listed: wages of 140 employes; running expenses of ten speedboats, 50 trucks, six ocean-going liquor steamships, among them the Shawnee, shelled by a Revenue Cutter last month (TIME, Sept. 30); also, hundreds of thousands of dollars for "protection." In a nearby cottage a radio was spluttering instructions to liquor transports off shore. As the raiders seized the operator, a Federal radioman took the key, sent luring messages to the transports. Long had the raiding radioman practiced...

Author: /time Magazine | Title: PROHIBITION: Biggest Raid | 10/28/1929 | See Source »

...recovery has been constantly increasing earnings. Another was the recent addition to 20-hour train service between New York and Chicago (TIME, Sept. 23) by the Pennsylvania and the New York Central. Last week there were many announcements that pointed toward railroad prosperity, although famed Stockmarket Bull Arthur W. Cutter was alleged to have indicated that railroad stocks were...

Author: /time Magazine | Title: Business & Finance: Fast Wheels | 10/7/1929 | See Source »

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