Word: durant
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Dates: during 1930-1939
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Three sons and six grandsons of the founder are in the business, chief executive being John Durant Larkin Jr. His son, Vice President J. Crate Larkin, is a blue-eyed six-footer of 33. A Williams graduate (Class of 1923) he, too, has written a book, From Debts to Prosperity, is an ardent disciple of Britain's Major Clifford Hugh Douglas, high priest of Social Credit. Last week after experimental application of the Douglas theories in his own office, Mr. Larkin announced...
Faced with a decided and unquestionable rise in expenses, good business judgment has two avenues of escape--increased revenue or adulterated quality. In pursuance of the policy of satisfactory meals, Mr. Durant has been forced to boost the price in order to maintain the present standard of food without dipping into other pockets of the University. The president increase will allow the same margin of safety as that which existed in the past two years when approximately $40,000 was cleared, a margin of approximately 4%. On an estimated total of well over $900,000 it is approaching folly...
...fourth quarter of 1935 it made $52,743,000 compared to $2,323,000 in the same 1934 period. But the November Automobile Show has thrown last quarter comparisons totally out of line. In 28 years, General Motors has made $2,031,000,000. Last week Founder William Crapo Durant filed a bankruptcy plea: Liabilities $914,000; Assets (clothing...
...after these many years still thinks I be one of the maintenance department; and thence into the main corridor which so early in the morning is colored in many stained lights; and beautiful it is! Whereupon, no sooner out the door I was much surprised to meet Mr. Durant and was sore at my heart lest he come for the rent; but no, he did come only to see how the workman progressed...
...Senior Sloan had a large interest. His first job had to do with manufacturing billiard balls, then an important Hyatt product. With the development of automobile roller bearings which supplanted billiard balls, the small, struggling Hyatt became large & rich. In 1916 Hyatt was taken over by William Crapo Durant, whose General Motors dream included motorcar accessories as well as motorcars. In 1920 Mr. Durant was out of General Motors, the du Ponts were in, and Mr. Sloan was operating vice president. In 1923 he succeeded Pierre du Pont as Motors' president...