Word: lumbering
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Dates: during 1930-1939
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Died. Charles F. Ruggles, 84, oldtime Michigan lumber tycoon, financial abettor of the American Judiciary Society for the Prevention of Delays in the Law, an endower of Michigan charities by his will to the extent of more than $40,000,000; at his home in Manistee, Mich., where he had long lived the solitary life and worn the decrepit clothes of the pioneer lumberjack...
Whatever purchases Italy makes in return will be for cash, but just what these purchases will be was not divulged last week. Rumor said lumber, coal, mineral ores, petroleum. Chief weakness of Italy's war machine is her great lack of coal and petroleum in commercial quantities. It is known that the Soviet Naphtha Syndicate of Moscow, official distributor of Soviet oil, has set up a subsidiary company in Italy known as Petrolea. Observers guessed that Petrolea will be given the job of stocking the enormous oil reservoirs which Italy's army and navy are now building...
Muddled Geography. What the original embargo evidence was remained an official secret. But it was understood that Mr. Lowman had acted on: 1) a general Soviet order for use of convicts in the lumber industry; 2) affidavits of escaped prisoners from a lumber camp. It developed that the "escaped prisoners" were not from the pulpwood forests along the Dvina River, but from the island of Silesky, 1,200 mi. away, where no export timber is cut. Mr. Lowman, it appeared, had never studied Russia's geography very closely...
...Last year Russia sold $30,749,044 worth of goods to the U.S. Chief items: furs ($8,299,215), manganese ($6,050,839), platinum ($3,612,464), sausage casings ($2,675,595). Hard and soft Soviet lumber totalled 38 million feet, compared with U. S. production of 33 billion feet; 113,000 tons of Soviet Anthracite against U. S. production of 75,000,000 tons. In an export trade of $107,651,000 to Russia, the U. S. shipped $29,000,000 worth of cotton, $20,000,000 worth of farm machinery. Last week International Harvester increased its Milwaukee plant...
...portion of Lawyer Bennett's wealth?estimated at $10,000,000?came as an absolute windfall. He had been one of three zealous Sunday School teachers in his youth, the other two being a young woman and her brother. This three-cornered friendship was lifelong. The young woman married Lumber Tycoon E. B. Eddy. Presently he died. Mrs. Eddy and her brother, when they died, left 1.507 shares (control) of E. B. Eddy Co. to their pious friend "Dick" Bennett...