Word: harrimans
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Dates: during 1920-1929
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...Soviet government has been vexed ever since Great Britain's Home Secretary Sir Joynson-Hicks raided their London quarters (TIME, May 23). How to retaliate, how to make harsh gestures has been their aim. Recently they reconfirmed a concession that William Averell Harriman had wheedled from them for mining manganese (TiME, June 20). The British had been, supposedly, using their astute offices to thwart that concession. Giving it to Mr. Harriman, the Soviets intended as a slap at Great Britain...
William Averell Harriman, U. S. financier who has been cruising about central and eastern Europe the last few years seeking opportunities for investing his money, last week clinched control of all manganese ore mined in the Soviet Union. Two years ago the Soviet gave him a concession to mine manganese, invaluable ore for toughening steel, in the Caucasus Mountains, between the Black and the Caspian Seas. He was to pay the Soviet Government $3 for each ton of manganese mined and to rebuild a railroad from Tiflis to Poti. He had to produce at least 500 tons of manganese...
...immediately after Promoter Harriman received his concession, Soviet agents attempted to circumvent him by working the manganese mines at Nikopol in the Ukraine, north of the Black...
Last week, according to the Berliner Tageblatt, the Soviet Government, perhaps intending to vex Great Britain, agreed to restrict manganese mining at Nikopol, to take only $1.50 a ton for Harriman-mined manganese, and to waive its demand for renovating the Tiflis-Poti railroad. Those modifications made Promoter Harriman virtual overlord of Soviet manganese production...
...need to put more vim into the catch. At present Legate, Loring and Harriman are notably deficient in this respect...