Word: g
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Dates: during 1930-1939
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...respectable business men, numb with the same chill apprehension that narrows the eyes of every accused man when his trial jury announces it is ready with its verdict. Hulking in their midst was bluff, red-faced President William S. Knudsen of General Motors Corp., nearby the slim figure of G. M. C.'s millionaire Board Chairman Alfred P. Sloan Jr. In the defendants' sanctuary around them sat 15 others: President John J. Schumann Jr., of General Motors Acceptance Corp., three of his vice presidents, lesser G. M. C. officials...
...Ford and Chrysler accepted consent decrees, agreeing not to compel dealers to use their finance companies, provided that General Motors stood trial and lost. General Motors, carrying the ball for the big three, expects to appeal the case all the way to the Supreme Court. The final decision in G. M.'s case will determine whether the 370-odd independent U. S. finance companies can cut themselves in on the profitable installment business of the motor industry...
...Hamilton, who sold G. M. on the idea of going into the business and has been smart enough to carry on as Electro-Motive's president, explains: each oil-burning Diesel switcher brings its purchaser an average yearly operating saving of about $17,000. Sour-grapes reason given by Hamilton's competitors: with the amount of traffic which General Motors can dangle before the railroads, it could sell them dog sleds...
...further, thought it was a good idea to put some millions of its enormous resources into buying a piece of Pullman Co. Pullman, No. 1 freight and passenger car builder, can produce 2,370 passenger cars a year, 74,700 freight cars. Conservative railroadmen shuddered, in spite of G. M.'s cheap financing aid, efficient engineering methods, at the idea that an automobile outsider should shoulder into the railroad aristocracy. To not so spry U. S. rail-engineering, it would hold out the promise of a good shaking up at the hands of a top-notch engineering organization...
...smiled to himself. He was going to be one of the g gang that every year came back to practice the day before Yale and stood around watching the team with their hearts in their eyes. Like The Chief, Tubby Watson, and Freddie Moseley, Torby and Bill were the others that finished up today. So many Sophomores around made him feel like a grand-dad--Dick Pfister, Burgy Ayres, Loren MacKinney, big Vern, Chub Peabody. Coach called them "the family...