Word: forstmann
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Dates: during 1930-1939
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Died. Julius Forstmann, 68, wool dynast (board chairman of Forstmann Woolen Co.); after long illness; in Manhattan. Belonging to the fourth generation of a woolen family, he early left his native Germany, started a new business in Passaic, N. J. During World War I he told the Senate Military Affairs Committee that Army uniform specifications reeked, drew up new specifications, still in use, thereby won the Certificate of Distinguished Service from a grateful administration. In 1928 Krupp built him the Orion, then largest yacht afloat (333 ft.), and he began making periodic trips around the world, conducting his business...
...done to the silk. U. S. woolmen, absorbed with more immediate troubles (see p. 75) last week produced no retort to this other than the findings year and half ago published in the bulletin of the National Association of Wool Manufacturers by Chief Chemist Von Bergen of the Forstmann Woolen Co.-that casein-wool "resembles a highly damaged wool and its main disadvantages are a very low tensile strength and its reaction to acid...
...Heidelberg there is (or was) a tablet bearing the names of the men who, at the suggestion of Jacob Gould Schurman, provided the money for the building. The names are: Jules S. Bache, George F. Baker, William Gerard Beckers, James Brown, Walter P. Chrysler, Clarence L. Dillon, Julius Forstmann, William Fox, Henry Goldman, W. A. Harriman, Harris Forbes & Co., Henry Heide, George D. Horst, Henry Janssen, Robert Lehman, Nicholas M. Schenck, W. J. (or I; the German capitals are alike) Norton, Gustav Oberlaender, James R. Perkins, John D. Rockefeller Jr., Julius Rosenwald, Samuel Sachs, Mortimer L. Schiff, Henry Schniewind...
...Forstmann is regarded as the fore most originator and maker of high-grade woolens in the U. S. He built the American Mills at Passaic, N. J., 30 years ago against the advice of experts who told him. that such woolens as his company made in Werden-on-Ruhr, Germany, could not be duplicated. He created Imperatrice and Beatrice (broadcloths) and most of the vogue-starting woolens including Marvella, Gerona, Charmeen and Chonga. He works alone in designing his fabrics and seeking colors from such sources as the plumage of birds in the Museum of Natural History. On his Kiel...
...hunting on his Catskill estate. He has three sons, Reinhold, Curt and Julius. One is in the sales department, another in the manufacturing, a third handling finances. They were trained on sheep ranches, in mills abroad, in banks. In memory of a fourth son he established the Carl Forstmann Memorial Foundation in 1922. It lends and gives money to apt children of employes. It helps families in sickness, runs a night school for employes and their families. Despite this paternalism, and despite the fact that many Forstmann workers are more skilled, hence higher-paid, than the general run of mill...