Word: firming
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Dates: during 1930-1939
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...Department of Justice operative rode the Apache reservation for three months before he found the murderer of Miss Schmerler. A graduate student of ethnology, she had gone to live on the White River Reservation to study for her thesis. Brought to trial Prisoner Seymour had firm backing from his tribe. His bewildered 19-year-old wife, mother of two, testified in his behalf. An old patriarch called "R-14" (Indian agents can not figure out how his name should be Anglicized) donated $1,500 to hire a defense lawyer...
...brokers); of cerebral hemorrhage; in Paris. One of the seven sons of Comte Pierre de Saint Phalle, who were all sent to the U. S. for a business education, he started as a mechanic in Baldwin Locomotive Works, rose to vice president in charge of foreign sales. The banking firm was founded by his brothers; he headed it after their withdrawal...
Ivan Kreuger's father had a small match factory which was not making money. Young Kreuger saw that a merger with other independents was the solution. In 1913 he put through the deal which created United Swedish Match Factories Co. and four years later this firm merged with the Vulcan group, eliminating competition in the home market. The next years were spent in pushing exports, building factories abroad, forming alliances with competitors. One of these alliances was a sales agreement with Diamond Match Co. to cover safety matches in the U. S. When in 1930 a U. S. tariff...
Although by the early 1920's Swedish Match had a firm hold on the world's markets, Matchman Kreuger wished to make it impregnable. He saw an opportunity in the unsettled financial condition of most of the world, realizing that cash-poor nations would grant match monopolies in return for loans. The first loan was to Poland in 1925 and consisted of $6,000,000. Greece followed and then France offered a match monopoly for a loan of $75,000,000. This large financing was accomplished through the sale of $50.000,000 worth of International Match bonds...
...company to the entirgroup was the original engineering and real estate firm of Kreuger & Toll, controlled by Class A voting shares capitalized at $50,000, the majority of which Ivar Kreuger held himself. This small amount of stock carried control of properties capitalized at over a billion dollars...