Word: girdlers
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Meanwhile, the industry's tough guys profited from production at over 50% of capacity. Bethlehem, biggest among Little Steelmakers, jumped its profit 142% over the first quarter in 1938. Steelmaster Tom Girdler's Republic Steel, No. 3 in the industry, earned $532,899 against $3,062,564 lost in the same quarter last year. National Steel, No. 5, still led the bigger fellows, however, earning more on its ingot capacity (71? per ton) than any of them, twice as much as in the first quarter...
...vice president and director. Through his friend Cyrus Eaton of Republic Steel Corp., he became a Republic director. When in 1932 a change in Koppers management sent John Brookes back to Washington to practice corporation law, he remained a trusted adviser of Republic's present boss, Tom Girdler. In Washington (where he was born in 1888) John Brookes is best known as a partygoer and a golfer who plays with professionals...
...profit is still not without honor, year-end forecasts by bank presidents and industrialists receive-and often merit-sober public consideration. In the U. S. the contrary is so true that last week hardly a bigwig bothered to sound off as 1939 arrived. The few that did-Tom Girdler, Alvan Macauley, J. J. Pelley, Jacob Ruppert-were qualifiedly optimistic. Only Thomas J. Watson, president of International Business Machines Corp. pulled out all the stops, issued an "inspirational" statement on practically every phase of U. S. life. Said he, among other things: "Crime must be reduced...
...ferrets) to hear what he believes, a succession of renegade leftists, ex-union officers and members turned talebearer, avowed spies, patriotic citizens bursting with information about the Reds. Mr. Dies also has taken testimony about U. S. Nazis and Fascists, has even accepted aspersions against such personages as Tom Girdler. But in the main he has stayed on the Red trail previously traversed by New York's Representative Hamilton Fish...
...whole area, employers the country over wondered whether, for example, the Cotton-Textile Institute might some day be compelled to deal for all its members, unionized and nonunionized, with C. I. O.'s Textile Workers Organizing Committee; or the American Iron and Steel Institute, including President Tom Girdler's non-union Republic Steel Corp., with Steel Workers Organizing Committee. NLRB spokesmen declared the West Coast situation was unique, said no such precedent had been established...