Word: girdlers
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More remarkable was the case of Republic Steel's Tom Girdler. During the campaign his name was used by Candidate Roosevelt as a synonym for enemy-of-the-people. At year's end, tough Tom Girdler's emissaries were in Washington and Wall Street, working on a deal to carry out one of the President's pet ideas: an integrated steel company on the West Coast (there is none) to supply booming Pacific shipyards...
...American Iron & Steel Institute Secretary Walter Tower, and expansion-minded New Deal staff economists, who want enough steel to handle defense and normal steel needs both. Mr. Tower has frequently boasted of the industry's readiness to handle any emergency without expanding. Republic Steel's Tom Girdler echoed him: "If ev erything in this country was in as good shape as steel to supply the national-defense program and England, there would be nothing to worry about." U. S. Steel President Ben Fairless last fortnight made capital of the 12,000,000-ton steel-ingot expansion which...
...sense of the word." Our way of life, this system of democratic or capitalistic government, this-the best practical and the best practiced system-needs, according to you, some fundamental changes. To accomplish these you propose to set aside those very principles which you supposedly are trying to save: Girdler, Ford, et al must be put in their proper places. Perhaps you of the editorial board will offer your services "when the revolution comes" for judging the proper violations of the Constitution and Bill of Rights and for compiling the "list of society offenders who never would be missed...
...promises, to affirm that Wendell Willkie could and would keep his promises. They heard of a promise which had not been previously heralded: that Wendell Willkie would give labor full representation in his Government; of "a reasonable hope" that three pro-Willkie, hitherto antiC. I. O. steelmakers (Grace, Girdler, Weir) "will soon execute collective-bargaining contracts with...
...groups, biggest profit-gainers were the steelmakers. No. 1 feast or famine industry, steelmen are now gorged, at practical capacity. No. 3 producer, bald, tough Tom Girdler's Republic cleared a record $6,184,000 in the third quarter, up from $2,815,000 in the same quarter of 1939. With preferred dividends being earned 32 times over, his conservative directors last week paid all back dividends, planned to buy the shares for cancellation, thus clearing the way for common dividends. Like many a defense industry's preferred stocks, the price of Republic's has tripled since...