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...president and sales manager of the world's oldest and largest maker of genuine puddled iron last week resigned in a huff. All President Presly Neville Guthrie Jr. and Sales Manager W. S. Shiffer of Reading Iron Co. would say was: "It is an entirely personal matter." But friends disclosed that Reading is on the verge of liquidation. A 102-year-old subsidiary of gigantic Philadelphia & Reading Coal & Iron Co., which is being reorganized under the Bankruptcy Act, Reading Iron employs 1,700 men, has sales of $4,000,000 a year. But foot-scrapers, ornamental fretwork and wrought...

Author: /time Magazine | Title: Business: Reading for Sale | 3/14/1938 | See Source »

National has cost the U. S. $20,000,000. When it was organized in 1929 by a bald Kansas farmer named Clarence Huff its capital-about $1,000,000-was entirely private. But various Government farm agencies immediately began to lend it money. When it was reorganized in 1936 there were $14,000.000 worth of Government loans to be canceled. It was then lent $7,500,000 more by the Farm Credit Administration. It was supposed to repay this sum by an assessment on every bushel of grain it sold for its members. The members objected...

Author: /time Magazine | Title: Business: Co-operation Simplified | 2/7/1938 | See Source »

...great many of them were already objecting to other things, including the expense of national marketing. Foremost among the members who thought that Farmers National should be brought to an end was William Horn, a farmer from Ohio who was just as bald as Clarence Huff. Last year Farmer Horn quietly replaced Farmer Huff as president. And last September Farmers National had the bad luck to be short in the market when there was a squeeze in corn (TIME, Oct. 4). Farmers National paid through the nose to cover its short commitments. So the decision of President Horn...

Author: /time Magazine | Title: Business: Co-operation Simplified | 2/7/1938 | See Source »

...rats & mice, and from 150 white, blue-cream, smoke, red tabby, and tortoise-shell cats, a Siamese named Marvella and a fancy rat named Minnie were chosen to appear together in an amicable picture. When Cat Marvella reached out a tentative paw of friendship. Rat Minnie flew into a huff, sank her sharp teeth into the paw. Marvella whimpered, withdrew her foot...

Author: /time Magazine | Title: Miscellany, Dec. 6, 1937 | 12/6/1937 | See Source »

William L. ("Big Bill") Hutcheson, the ponderous president of the Carpenters Union, biggest in A. F. of L. (300,000 members). Perennial campaign head of the Republican Party's labor committee, he quit the executive council in a huff last year when A. F. of L. plumped for Franklin D. Roosevelt. Today Carpenter Hutcheson's power is on the wane, partly because his Republican affiliations are no longer of great value, partly because he lost face after John L. Lewis punched his jaw at the 1935 convention...

Author: /time Magazine | Title: LABOR: Old Men Go West | 10/4/1937 | See Source »

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