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Golden Opportunity. The report also held that the distillers showed "monopolistic tendencies"; that the industry is virtually controlled by the Big Four-Schenley Distillers Corp., Distillers Corp.-Seagrams, National Distillers Products Corp., and Hiram Walker-Gooderham & Worts. In 1939, the Big Four had 49% of the U.S. whiskey supply in their warehouses; today they have 70%. They got this enormous increase by adding some 127,066,629 proof gallons to their stocks through the purchase of small distillers. (The report did not note that the little companies often willingly took this golden opportunity to get a war-high price...

Author: /time Magazine | Title: LIQUOR: Unnecessary Drought? | 8/14/1944 | See Source »

Last week a majority of that committee, headed by onetime Braintruster Dean Gooderham Acheson, newly appointed Assistant Secretary of State, made its report -1,000 exhaustive pages. Over-all conclusion: more informal cooperation be tween businessmen and the regulatory agencies will do most to improve matters. Recommendations...

Author: /time Magazine | Title: National Affairs: Acheson Reports | 2/3/1941 | See Source »

...left the New Deal as its fiscal tendencies became apparent. Harvard's Oliver Mitchell Wentworth Sprague, monetary adviser to the Treasury, quit when dollar tinkering began. Special Assistant Earle Bailie had to retire because the Senate would not confirm a Wall Street man. Undersecretary of the Treasury Dean Gooderham Acheson, differing with the President on financial policies, departed without even a perfunctory expression of Presidential regret. Assistant Secretary of the Treasury Thomas Hewes fell into disfavor with Secretary Morgenthau, was stripped of most of his duties, took the hint and resigned. Unable to tolerate the New Deal...

Author: /time Magazine | Title: THE CABINET: Exeunt | 1/27/1936 | See Source »

Died. Sir Albert Edward Gooderham, 73, Canadian distiller-philanthropist (Gooderham & Worts); of a streptococcus infection; in Toronto. During the War his firm produced for the British Government 75% of all the acetone (used in cordite) made in the Empire...

Author: /time Magazine | Title: Milestones, May 6, 1935 | 5/6/1935 | See Source »

...that to earn his keep a governor general has only to attend the functions to which he is invited and keep his temper. Only critic of Lord Bessborough to surfer was a radio announcer known as Uncle Al, who launched into an impassioned defense of Mary Pickford on the Gooderham & Worts whiskey hour...

Author: /time Magazine | Title: CANADA: Mary Pickford Show | 6/11/1934 | See Source »

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