Word: l
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Dates: during 1940-1949
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...Died. Léon Gaumont, 82, French cinema pioneer, who synchronized film and sound as early as 1903, experimented with the first color films, showed the way to newsreel making; in Sainte Maxime, France...
Last week the bonus was knocked in the head again. Ohio's Cuyahoga County (Cleveland) common pleas court upheld a Republic stockholder's contention that the extra $51,000 was too much of a good thing, ordered bluff Tom Girdler to give it back. Judge Stanley L. Orr laid it on hot & heavy: the size of the bonus, said he, had depended not upon Girdler's devotion to duty, but upon the size of the profits that were left at the end of the year. "If such conduct were approved," he said, "directors might soon forget that...
...Decontrol Board is considering at the very moment this question-whether or not to reestablish price ceilings on such items as milk, meat, and grains. Chairman of the Board, Roy L. Thompson, has reported that to date he has received few letters from individuals favoring such control...
...reply to a dormitory investigation committee report that room rental fees have contributed a profit of $40,000 yearly to the Institute's income since 1937, D. L. Rhind, bursar at M.I.T., said that this money was used to help pay salaries and other operating expenses...
Should it be operated by the Government? Should it be turned loose to live or die? Should it be kept alive in an incubator by tariff protection? An interdepartmental committee, headed by popular red-faced William L. Batt, wartime rubber czar, tried to answer these questions. Its answer to all of them: No. The Batt committee hoped to turn the war baby into a healthy, unsubsidized and profit-making private industry...