Word: lumber
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Dates: during 1930-1939
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...well along in years then, nearly 70," recalled a thin, grey, tight-lipped little man on the witness stand in a Kansas City court last week. "The organization was my own creation. . . ." It was the story of Long-Bell Lumber Co. that Chairman Robert Alexander Long, now 81 was telling. He was fighting a receivership long desired by certain bondholders (TIME, Feb. I). One day in 1918, faced with exhaustion of their southern pine reserves, Chairman Long had gathered his executives about him to ponder liquidation or continuance of the lumber business. Willingly risking his personal fortune, he joined...
...Wash, on the Columbia River to secure water transportation to world markets. Railroads were built 30 mi. into the hills to lug down the logs. Plunked down in the wilderness, the entire city of Longview (pop. 10,500) was constructed for employes. Long-Bell became the world's largest lumber company. Then, two years after the Northwest operation was begun, said Founder Long, "the lumber business just dried up." Dividends were passed in the autumn of 1927, earnings shriveled and last spring Long-Bell failed to pay its bond interest...
...typical of that class of Democratic Senators who denounce the Republican policy of protection in general and then support it on local specifications. He joined the Democratic combination that log-rolled into the Revenue Bill the oil and coal duties but stood out against the copper and lumber items which were gotten in by similar methods. Into his mouth during the 1930 tariff fight Democratic Pressagent Charles Michelson put many a thunderous phrase against the Hawley-Smoot Act which today sounds hollow and insincere. He has also been active for Federal relief for the growers of dark tobacco...
...appeal is as what he once was?a poor hillbilly. For years Louisiana has been familiar with his ranting campaigns against what he calls "entrenched wealth." The State has less than 20 millionaires with only one vote apiece. Most of them suffered in impotent silence but Henry Hardtner, Alexandria lumber and oil man. publicly declared: "I'll never invest another cent in Louisiana while that lying crook is in power...
...James Dinsmore Tew (Goodrich), Charles A. Cannon (towels), Samuel Clay Williams (Reynolds Tobacco), A. D. Geoghegan (Wesson Oil), Fred Wesley Sargent (Chicago & Northwestern), John Stuart (Quaker Oats), Fred Pabst (Cheese), Alvan Macauley (Packard), Frank Chambless Rand (International Shoe), Robert L. Lund (Listerine), Charles Donnelly (Northern Pacific), Frederick Edward Weyerhaeuser (lumber), Carl Raymond Gray (Union Pacific), William Stamps Farish (Humble Oil), Frederick Lockwood Lipman (Wells Fargo), Paul Shoup (Southern Pacific...