Word: huges
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Dates: during 1930-1939
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Armistice Day by hoisting a red flag atop his factory. Later, in the huge Government motor transport depot at Slough known as The White Elephant, he headed the workers' ironbound union. The Government dared not fire him for fear of arousing his followers. Solution: they sacked the whole kit & boodle-7,800 workingmen-just to get rid of Wal. Whereupon Wal dressed them all up as clergymen in surplices and paraded them through the grounds before a huge white cloth elephant, which they pompously mourned as dead...
...cabled that military experts in the Far East had had their eyes on Japanese troop movements from the Chinese occupied zones northward toward the Siberian-Manchukuo border. So many soldiers have been withdrawn, said Mr. Abend, that the Canton area is now held by only 25,000 men, the huge Yangtze Valley and Central China districts by only...
Chairman McKinsey's success was magnificent but brief. In 1935 and 1936 Marshall Field was back in the black; in 1937 things went to pot all over again. For one thing, Professor McKinsey had anticipated a small cotton crop. When it turned out huge, the manufacturing division lost heavily on its large cotton orders. Even worse, Professor McKinsey never saw Depression II coming at all and the manufacturing division's top-heavy inventories perfectly exemplified U. S. business' 1937 sin. By year's end the manufacturing division had lost some $5,000,000, Marshall Field...
...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...
...lopped off the top last December by selling enough North American common to reduce his interest to less than 10%. Last week the pyramid was cut to two-story height. To liquidate North American Edison Co., huge intermediary holding company between it and the actual operating companies, and to refund some of its own outstanding obligations, North American Co. offered $70,000,000 worth of debentures and $34,829,000 in $50 par value preferred stock. A syndicate of 127 underwriters headed by Dillon, Read & Co. sold the issues like hot cakes...