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...your July 7, 1930 issue you have a note to the effect that the International Harvester Company is this year celebrating its centenary. You are just a little early. That celebration comes next year-1931, as Cyrus Hall McCormick invented his reaper...

Author: /time Magazine | Title: Letters: Anti-Grab | 8/25/1930 | See Source »

...light and learning, "Big Dick" looks for help from a potent board of trustees. Among them: Robert Julius Thorne, one-time president of Montgomery Ward & Co.; Charles F. Glore of Field, Glore & Co.; Albert Blake Dick Jr. (mimeographs); President DeForest Hulburd of Elgin National Watch Co.; Clayton Mark (steel); Cyrus Hall McCormick (harvesters) ; President Fred Wesley Sargent of Chicago & Northwestern Ry.; Louis Franklin Swift (packer...

Author: /time Magazine | Title: Education: Big Dick's Plans | 8/18/1930 | See Source »

Arguing that Youngstown Sheet & Tube Co. stockholders have-in view of proposed merger-a right to know how much Bethlehem Steel Corp. pays its executives, last fortnight Cyrus Stephen Eaton's smart attorneys ferreted a phenomenal fact from Bethlehem's President Eugene Gifford Grace. In 1929 he received a salary of $12,000; a bonus of $1,623,000. Elated at this success, last week the Eaton attorneys went for bigger game. If Mr. Grace received $1,623,000, how much might not Chairman Charles Michael Schwab get? But while the figure was successfully disclosed, it proved...

Author: /time Magazine | Title: Business: Bethlehem Bonuses | 8/11/1930 | See Source »

...King's Cabinet ministers, however, went to their homes to vote, to impress their constituencies. Three considered themselves re-elected according to early vote totaliza-tions?Col. J. L. Ralston (National Defense), M. D. Euler (National Revenue), P. J. A. Cardin (Marine). Three of their colleagues quickly conceded defeat? Cyrus MacMillan (Fisheries), T. A. Crearer (Railways), W. F. Kaye (without portfolio...

Author: /time Magazine | Title: CANADA: Butt & Rebutt | 8/4/1930 | See Source »

...said grizzled old James Anson Campbell, founder-president of Youngstown Sheet & Tube Co. to suave, cool-headed Eugene Gifford Grace, president of Bethlehem Steel Corp., one day last February. Thus informally, according to Mr. Grace's testimony last week, was negotiated the Bethlehem-youngstown merger, to prevent which Cyrus Stephen Eaton of Cleveland, big Youngstown stockholder, has had his lawyers at work for 16 weeks in an epochal fight (TIME, March 24 et seq.). Mr. Grace's testimony supplied many another lively item last week. He told the court that Bethlehem officers last year received...

Author: /time Magazine | Title: Business: Suits | 8/4/1930 | See Source »

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