Word: ironized
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Dates: during 1930-1939
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...1860s August Thyssen (pronounced tissen) started his steel business in a cow house outside Mulheim, in the Ruhr Valley, making hoop-iron at first. In 50 years he came to own coal fields in the Ruhr and iron-ore concessions in Lorraine and Northern France, and to employ 25,000 workers. When he died in 1926 at 84 he left an estate worth more than...
...Vereinigte Stahlwerke, the gigantic German steel trust, was formed. Herr Thyssen headed this organization, which controlled 75% of Germany's iron-ore production and 50% of coal-mine output and which listed among its properties 33,000 acres of mines and factories, a 1,200-mile railway system, 14 private ports, 209 electric power stations, numerous cement factories, and tenements housing 60,000 employes' families. His total number of employes rose to 200,000. Fritz Thyssen's personal share of the property was 26%, valued at some...
...dimple-cheeked, piano-legged Lou Gehrig. Last spring, when a rare form of paralysis compelled First Baseman Gehrig to give up his beloved post after 15 years with the New York Yankees, U. S. sportswriters wreathed their columns with encomiums seldom bestowed on the living. Skimming over the Iron Horse's unrivaled feat of playing in 2,130 consecutive major-league games and casually reviewing his extraordinary batting records (some surpassing those of Babe Ruth), they crowned Lou Gehrig's Honesty, Modesty, Courage. Practically canonized. 36-year-old Lou Gehrig became the idol of U. S. youth...
...November exports trade of the U. S. (reported last week) totaled $287,063,000, off $30,000,000 from October. Principal increase: aircraft, from $3,025,000 in October to $6,760,000. Other rises: meats and lard, iron & steel mill products, electrical machinery, automobiles, parts and accessories. Principal casualties: vegetables, food products, beverages, tobacco, textile fibres & manufactures, petroleum and petroleum products, chemicals. Striking was the fact that the war-waging United Kingdom, normally the best customer U. S. has, took delivery of only $31,026,000 of goods-$21,000,000 less than in October, $7,000,000 less...
Rates: Governed by no general rules, shrouded in metaphysical complexity are U. S. freight rates. No rhyme or reason explains why iron products move from Chicago to Los Angeles more cheaply than from Denver, which is roughly half the distance. There are countless parallel cases. High rates on less-than-carload freight originally invited the trucks into the business, which they are handling at lower rates than the roads can meet...