Word: firm
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Dates: during 1930-1939
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...your report on my debate with Mr. Gannett [TIME, Jan. 23] you refer to "International Paper Company, which once owned stock in Gannett papers. . . ." According to all reports, including that of the Federal Trade Commission, the name of the firm is International Paper & Power Co. I must insist upon this point because, in the course of the debate, Mr. Gannett, too, tried to make a distinction between the Paper and the Power Company, as if they were separate enterprises...
Founded by a dissident Townsendite named Arthur L. Johnson, General Welfare Federation now maintains the only year-round old-age-pension lobby in Washington. The General Welfare Act it proposes, promising $60 at 60, is based on a gross income tax of persons and firms, exempting only sums paid out in wages, taxes and interest. The plan is modeled after taxes now levied in Indiana and Hawaii, and the federation calculates it could raise $7,000,000,000 a year for pensions in the U.S. The General Welfare Act has 100 pledged supporters in the present Congress. Two of them...
...International Paper Co. lured brilliant, voluble Archibald Robertson Graustein out of a Boston law firm, made him president, gave him free rein. Mr. Graustein proceeded to take the bit in his teeth. International was huge when he got it. Archie Graustein made it colossal, chiefly by adding power properties. Before he got through, International Paper & Power Co. was an $800,000,000 empire stretching from Newfoundland to the Gulf of Mexico...
...desk at the far end of the big room in which all Morgan partners sit, walked through the lobby to a small reception room and greeted reporters with a "Good day, Gentlemen." At that point Mr. Morgan's usual embarrassment overtook him, he muttered something about his firm's being "short-handed," then passed around flimsy sheets bearing the curt announcement...
...Morgan seldom talks to reporters, and behind his geniality last week lay what might be interpreted as a subtle character change in the No. 1 U. S. private banking firm. The typical Morgan man has always been one who went to a good preparatory school, graduated from an Eastern university, had influential friends and a high social rating. Of the present twelve partners, ten are university graduates, all are listed in the Social Register. The three new partners are all public-school men; only one went to college; none is in the Social Register; none got his start through influence...