Word: hutchinsons
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...rank just below Alfred P. Sloan in the management and operation of General Motors: William S. Knudsen, Donaldson Brown, Charles F. Kettering. Not so well known are the three topnotch assistants of Walter P. Chrysler: K. (for Kaufman) T. (for Thuma) Keller, Fred Morrell Zeder, B. Edwin Hutchinson. Engineer Keller was hired from General Motors by Walter Chrysler in 1926 to consolidate the manufacturing plants of Dodge Bros. He stayed on to become Chrysler vice president in charge of production. Mr. Zeder was chief engineer at Studebaker in 1924 when Mr. Chrysler invited him to design the first Chrysler engine...
Last week Walter P. Chrysler moved out of the presidency of Chrysler Corp. and each of his three executive assistants moved up. Vice President Keller became president, Treasurer Hutchinson became chairman of the finance committee and Chief Engineer Zeder vice chairman of the board of directors, of which Walter Chrysler continues to be chairman. The shifts came at an auspicious time because Chrysler Corp. had just finished one of the most spectacular half-years in history with profits of $18,659,000 and production at an all-time high (TIME, July...
Only last year Chrysler Corp. was a conspicuous example of profitless prosperity under the New Deal. With a 52% increase in total sales it actually earned 27% less than in 1933. This year Messrs. Chrysler, Zeder and Hutchinson cut retooling costs to the limit, eliminated certain gadgets from Plymouth, trimmed management expenses in general. The rich fruit of this cost-stabilizing policy was apparent in the percentage comparisons of this year's earnings which showed that while dollar sales increased 30%, dollar profits jumped 126%. Last week the board of directors voted a regular quarterly dividend...
...seriously possessed of the ideals inculcated by the company's training school. When he invents a cheap lamp which will make coolies buy more oil, he hands a drawing of it to his boss (Arthur Byron). When his fiancee jilts him, he marries the first presentable girl (Josephine Hutchinson) he meets in Shanghai because to return to his post single might cause him to look ridiculous and thus diminish his value to the company. Even when, as a reward for years of faithful service, his boss receives a humiliating demotion that will reduce his pension, Stephen Chase is discouraged...
...Harvard College on its knees." Only five years younger than the Massachusetts Bay Colony, Latin School was founded in Philemon Pormort's kitchen to get the colonists' boys ready for Harvard, which opened a year later. Within a year Master Pormort fell into the heresies of Anne Hutchinson, had to be sternly sent away. In 1714 the school stood on what is now the lawn of Boston's City Hall and Benjamin Franklin was a pupil. In the years before the Revolution its Master was a Loyalist named John Lovell, who had the task of making such...