Word: edisons
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Dates: during 1930-1939
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...Franklin Roosevelt still hold the job he held 20 years ago, he would last week have had a problem on his hands. Instead that problem was on the hands of Charles Edison, son of the late great Thomas, but the change made little difference. Mr. Edison as Assistant Secretary of the Navy took his problem to the White House where he and his predecessor pored over it together. The elements of this problem were...
...similar problem, about how to get the Navy 2,600,000 lb. of copper developed last December, was solved by finding a loophole in the law: buying copper which had been refined before the law was passed. Navy Men Roosevelt and Edison were also worried, not only because Britain had launched a $7,500,000,000 naval building program but because it was quite possible that Britain might buy 44-hour steel from the U. S. while the U. S. Navy could get no steel. The President had no solution to offer, and next day he put pressure...
Robert Amory, manufacturer and public utilities director, has been prominent in business since his graduation from Harvard in 1906. President of the Nashua Manufacturing Company, and director of the Edison Electric Illuminating Company of Boston, Amory is also director of the Eastern Steamship Company and other organizations too numerous to mention here...
...direct competition. The Power Bureau would merely string a line down a street parallel to the private lines, offer lower rates, wait for the rush of customers. The private companies could not meet the price without lowering rates in the whole territory. In 1922, after furious litigation, Southern California Edison had to capitulate, selling out to the city...
...secure preferred shares of these companies Edison will offer new Edison stock in exchange. Likewise, the two-thirds interest in Public Service not held by Edison will be acquired through an exchange offer. Edison stock, now selling at $133 per share, will be split four-for-one, the authorized issue doubled to provide the stock needed for the exchange offers. To redeem stock not exchanged and to refund some debts of Edison and its affiliates, a $13,000,000 issue of convertible debentures was authorized...