Word: lumber
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Dates: during 1940-1949
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Porter was born in Peru, Ind. (pop. 15,000), in the corn country 75 miles north of Indianapolis, but his beginnings were hardly simple. He was the only child of a prosperous druggist, and the grandson and heir of coal and lumber Tycoon J. 0. Cole, who was worth something like $7,000,000. Though it took Cole years to satisfy his oh-such-a-hungry yearning for success on Broadway, getting there was not much more difficult than what a Porter lyric describes as "a trip to the moon on gossamer wings."* His comfortable itinerary included stops at Worcester...
...family took the body home, held a wake and a $996 funeral, including $15 for a ringing ministerial eulogy. Last week the family had cause to regret its lavishness. The sons & daughters had started getting cards signed "Dad" from Corrigan's Lumber Camp, Upson, Wis. Startled, two sons got in their car, drove to Upson, found August comfortably curled up on a logging-camp bunk...
...tore houses apart, roared through a big lumber mill, knocked down a high smokestack, ripped bricks from a new power plant and sent chunks of concrete, heavy beams, sheets of corrugated iron and great showers of boards flying through the air for hundreds of yards...
...tried to do so by keeping employees informed on all aspects of the company and their jobs. Once, when he found some carpenters carrying lumber without knowing what the lumber was for, he bawled out a vice president for not keeping his men informed. Percy also began to streamline Bell & Howell's management. In 18 months, he reduced the number of departments from 189 to 130, hopes to bring them down eventually...
...kingship again in more fields than retail trade. His unwillingness to buy overpriced houses had caused new construction to fall off 12 %-more than seasonal-in October. And many high-priced houses had had "for sale" signs on them for months. Some housing materials might soon be cheaper. The lumber industry, whose record production had begun to back up in the yards, had already trimmed wholesale prices; yet production was still ahead of sales...