Word: germanization
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Dates: during 1920-1929
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...baths discussing an ancient and powerful kingdom, an ideal commonwealth which had sunk into the sea: Atlantis. Others took up the tale; medieval writers made much of it; Brazilian legends still stimulate searching parties. The bank itself has been thoroughly mapped by H. M. S. Challenger (1873-76), the German ship Gazelle (1874-76), the French ship Travailleur (1880), the U. S. ship Blake (1877), the expedition of H. S. H. Prince of Monaco, the German Validivia expedition...
...German magnates thought they knew another and better story. First in their thoughts, foremost in their speculations, was James Augustine Farrell, president of the U. S. Steel Corp., for 35 years an expert in marketing U. S. steel abroad. In 1893, Germans recalled, it was the 30-year-old Farrell, then general manager of the Pittsburgh Wire Co., who brought his company through the panic by selling half the plant's output in foreign markets. By 1901, when the U. S. Steel Corp. was organized, Mr. Farrell was recognized as the outstanding candidate for the post of foreign sales...
...German steel makers, last week, had cause to smile at reports, emanating from the U. S., of a proposed combine to control U. S. iron and steel exports...
...under the provisions of the Export Trade Act to prevent competitive price-cutting between U. S. steelmen in European markets. Through consolidation of foreign offices, elimination of duplicate staffs, considerable economies might be effected. Thus the U. S. would be in a better position to compete with the rejuvenated German steel industry. (TIME, July...
This spring, Supersalesman Farrell, president of the corporation, went to Europe. Ostensibly, so far as financial writers could discover, he had no more subtle purpose than to "observe conditions." U. S. steelmen had been alarmed by the vigorous recovery of the German mills, which were threatening severe competition with U. S. industry. It was, therefore, no great surprise when the cryptic announcement of the export combine closely followed Mr. Farrell's return. The combine appeared as a typical Farrellian stroke in the campaign to develop the foreign market...