Word: greatly
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Dates: during 1920-1929
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Said Paul Hoffman, vice president in charge of sales and one of the four men who operate the great Studebaker Corp. and who are currently engaged in making Fierce-Arrow highly profitable : "Whether you like it or not, the public wants speed. . . . This Council can save lives by urging States to remove their maximum speed laws so that motorcycle policemen will stop chasing fast cars that are imperiling no one and devote themselves to removing the reckless driver from the highways." Said Louis Dublin, famed statistician of Metropolitan Life Insurance Co. "That was the most outrageous talk I ever heard...
When, seven years ago, the late great Charles Albert Coffin† resigned the chairmanship of General Electric Co. (which he founded by merger, 1892) to Owen D. Young, his practical associates established in his honor the Charles A. Coffin Medal. It goes each year to a railway company which during the year has made a distinguished contribution to the development of electric railway transportation for the convenience of the public and the benefit of the electrical industry. Last week the recipient was the Chicago, South Shore & South Bend Railroad. Electric railway men consider it the most important accomplishment...
...great builder of bridges is Ralph Modjeski and honored last week with his sixth scientific medal. But, except for his own stubborn leaning to engineering and his fond mother's indulgence, he might have been a musician or actor. For his mother was the late great tragedienne Helena Modjeska, and he was her only son. He played in the green rooms of Europe while she enacted the rolling romantic tragedies of the 1860s and '70s. In 1876 personal tragedies forced her to go to raw California as a ranch developer. Almost forgotten became her husband, Gustav Modrzejewski...
...promotional "hokum" was this. Mr. Cord, an artful automotive engineer, a great salesman, an inspired executive and a wise financier, took over the management of the Auburn Automobile Co. in 1924 when it was building obsolescent cars and losing money. He reorganized manufacturing processes, designed new models,* perked up the sales force. Since 1926 he has made Auburn show a yearly increasing profit, and, even more momentously, sent its stock from a low of $31.75 in 1925 to a high of $514 this year.† Since then he has been buying parts manufacturers - Lycoming Manufacturing Co. (automobile and aviation engines...
President of White Motor Co. and a director of Coca-Cola was, until his death last fortnight (TIME, Oct. 7), Walter C. White. President of Coca-Cola Co. was his great & good friend, Robert W. Woodruff, also a director of White. Last week Mr. Woodruff was elected president of White, told pleased directors he would manage both companies simultaneously, adding "I'll live in a Pullman car, I guess. I've lived almost entirely in one for the last several years anyway." Although Mr. Woodruff, 40, was 13 years younger than Walter White, the two men were famed...