Word: fairless
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...plain that Senator Martin was only sounding a rather obvious generality. Ed Martin, a longtime friend of steelmen, had allowed them to obtain advance notice of his remarks. As he spoke, newsmen already had copies of the steelmen's reply. Up rose U.S. Steel's President Benjamin Fairless to deliver it. "It is simply amazing to me," he said, "that anyone should suggest, by inference or otherwise, that U.S. Steel has a public-be-damned attitude. Our attitude is, and will always continue to be, just the reverse...
...were the industry's supplies of ore, asked Martin. That, replied Fairless, was a controversial subject. "Well, maybe that is a little too controversial," said Martin quickly...
...hearing did uncover one shocking fact. Last spring, when it was firmly resisting pressure to expand, the industry had assured its customers that the worst of the steel shortage would be over by year's end. Last week Fairless, along with Grace and Republic's Tom Girdler, predicted that the shortage would last at least two more years...
...reasonable that U.S. Steel Corp.'s President Benjamin F. Fairless, on vacation in Honolulu, said: "That's exactly what we intend to do." Big Steel, the bellwether of the industry, could well afford to wait. Its first-quarter profits totaled $39,234,000, nearly half as much as in all of record-high 1946, and the second quarter was expected to be just about as high. Smaller producers, not nearly so well fixed, boosted prices here & there, but most of them too held the line...
...danger was that price rises would not stop there. A spokesman for Ben Fairless' U.S. Steel, the bellwether of all U.S. industry, argued that the higher costs could be absorbed between mine and consumer, that assured production was more important now than a slight price rise, that anything was better than another coal strike. The argument had a slightly brassy ring...