Word: generaled
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Dates: during 1920-1929
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With President Hoover he went to an American Legion baseball game, hurried back to his desk after the first inning to search for a new Chief of Engineers. He sat in on a War Council meeting at which the Army's 1931 budget estimates were mulled over. He prodded General Charles Pelot Summerall along on the General Staff's investigation of Army costs, was disappointed to learn that the inquiry would not be completed before November. He dissolved five infantry battalions and transferred their 1,960 men into the growing Air Corps. He untangled a badly snarled wharf problem...
...Iowa Congressman. Western Campaign Manager for Calvin Coolidge as well as Herbert Hoover, he has come in the Hoover Cabinet to represent the rural psychology on political matters far more than does Secretary of Agriculture Arthur Mastick Hyde of Missouri. The other politician in the Cabinet, Postmaster General Walter Folger Brown of Toledo, represents city politics...
Auburn 420 338⅜ Graham Paige 24 24 Packard 153¼ 151¾ General Motors 70 101⅜ Hupp 42¼ 60 ⅝ Nash 86⅛ 117 ⅞ Reo 21¾ 25¼ Chrysler 71⅝ 122⅛ Franklin 41¼ 104¾ Hudson 82⅝ 199½ Jordan 6 12 Studebaker...
...maxim used to be that a stock should sell, other things being equal, for about ten times earnings. The maxim now says "15 times earnings." This is known as Raskob's Rule, because one day in March 1928, John Jacob Raskob, then finance director of General Motors, walked up a gangplank on his way to Europe and remarked that 15-times was a proper modern ratio-that General Motors ought to have been selling at that time...
Married. Miss Josephine McClellan of Manhattan, daughter of the late General John McClellan; and Cuthbert Lee, Manhattan socialite; in Manhattan...