Word: errett
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Dates: during 1930-1939
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Loudest whistles of all came from the crowd when the bids of American Air Lines' inscrutable Errett Lobban Cord were read off. On the set-up presented by Mr. Farley, Errett Cord had been expected to underbid the field, capture a virtual monopoly of U. S. airmail. Instead, he bid so close to the maximum on eight routes, that he was heavily underbid on all but the Newark-Boston run. He stood to lose even his old southern transcontinental route, having overbid his nearest competitor for half the run by 10?. Obviously fear of Cord competition had caused other...
...Fourth Assistant Postmaster General Sillirrmn Evans, whose name has frequently been linked with Errett Lobban Cord's because of his onetime position as vice president of American Airways, resigned last week to become vice president of Maryland Casualty...
...underbidding by Cord. If he bids successfully for the cream of the mail contracts, he would find himself astride the most elaborate air transport system in the world. Then indeed would the Kingdom of Cord come into its own. Preparation for Power. When the New Deal was at hand, Errett Cord, commenting on his unsuccessful efforts to get more advantageous mail contracts, was vowing to this effect: "All this is going to be changed. We are attending to that." And it was just after election that Cord's able, hard-boiled righthand man. Lucius Bass Manning, declared vaguely...
...webs with others to produce any picture other than that of an alert organization headed by an astute, scheming, self-effacing businessman who knows how and where grand parsnips can be found and buttered. His suspicious critics notwithstanding, it is impossible to read anything subtle into the grandiose interview Errett Cord gave out last year in Kansas City. Excerpts: "There is more opportunity in the world today than ever. . . . Fortunes change hands every seven years. Who gets them? Somebody else. . . . A clearheaded, hard-working young man never admits a closed frontier. . . . If he can give better service than a corporation...
...manufacturers, including Henry Ford, found it prudent to retire from the field. It was to create a market for his planes that he started Century and Century Pacific airlines, made air travel popular by slashing fares to railroad levels. Slim, young-looking, with a muscular bulge in the jaw, Errett Cord presents a collegiate aspect despite never having gone to college. He rarely speaks his mind, but when he does he uses a language racy and rich with anatomical allusions, forceful expletives. Studious-looking with his glasses on, he might be taken for a young college instructor. Without glasses...