Word: graustein
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Dates: during 1930-1939
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...further evidence of President Conant's willingness to comply with the suggestions in the "Committee of Eight" Report, the University announced yesterday the appointments of Professor Graustein and Associate Professor Buck as Assistant Deans of Faculty. Enlargement of the function and personnel of this office has long been urged as a step toward alleviating problems of tenure and promotion among the faculty. Instead of being a mere channel through which the departmental recommendations were submitted to the President, the Office should now become a positive force in the system of appointment...
...March 27, 1929, Mr. Graustein announced that I. P. & P. had bought 82 per cent of the common stock of the New England Power Association...
...International Paper Co. lured brilliant, voluble Archibald Robertson Graustein out of a Boston law firm, made him president, gave him free rein. Mr. Graustein proceeded to take the bit in his teeth. International was huge when he got it. Archie Graustein made it colossal, chiefly by adding power properties. Before he got through, International Paper & Power Co. was an $800,000,000 empire stretching from Newfoundland to the Gulf of Mexico...
...Archie Graustein, however, was no paper man. And three years ago, after both International and the industry had begun to recover from their doleful declines in the early 1930s, he was invited to resign as president of International Paper, but to remain president of International Paper & Power (top holding company for all the subsidiaries). Mr. Graustein resigned from both in a huff and went back to lawyering. Richard J. Cullen, who had been in the paper business since he was 22, got his jobs...
...utility properties would be transferred to a liquidating trust. After a projected reorganization, I. P. & P. will still have assets of $250,000,000, will still be the world's biggest paper company-as it was before it ever heard of Archibald Graustein...