Word: laughlin
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...people of Aliquippa, Pa. (pop. 28,000) are tough-fibred folk whose lives are centered on the black chimneys, sprawling mills and gaunt coal-mine tipples of the Jones & Laughlin Steel Corp. Any pastor who goes to work in Aliquippa's smoky valley, 20 miles down the Ohio from Pittsburgh, must be tough-fibred...
...program for ministers that would make many an old-line prelate blink. Next summer, between, their graduation from college and admission to seminary, prospective ministers will work in a steel mill or coal mine. By arrangement with Pardue's good friend and parishioner, Ben Moreell, president of Jones & Laughlin, parsons-to-be will learn their way around the blast furnaces and Bessemers as ordinary laborers. As many as possible will live in the homes of foremen and mill hands...
...week on U.S. Steel Corp.'s new $400 million plant near Morris ville, Pa. The "Fairless Works" will pour 1,800,000 tons of steel a year, add about 5% to Big Steel's capacity. But the Morrisville plant was just the start of a rush; Jones & Laughlin, Armco Steel and Bethlehem were also hustling to multiply their capacity, along with a swarm of hastily formed new steel companies...
Contributions that may be of particular interest to Harvard men are "Ivy Oration" by Robert Beuchley '13, "Harvard Today," by Arthur Schlesinger, Jr. '38, and a story by James Laughlin '56, now editor-publisher of New Directions, for which the Advocate was suppressed...
Almost alone among big businessmen, General Motors Corp.'s President Charles E. Wilson has needled the steel industry for not expanding faster (TIME, Nov. 6). Last week Charlie Wilson did more than needle. In an unusual agreement, G.M. offered to lend Jones & Laughlin Steel Corp. $28 million at only 3% interest. With the loan (still to be approved by J. & L. stockholders), plus another $200 million from bank loans and new bonds, the steel company will do just what Wilson has been asking. It will increase its capacity by 1,500,000 tons, or 32%, by 1953. In return...