Word: made
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Dates: during 1930-1939
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Most ringing speech made to the consumer educators was by Harold S. Sloan (brother of General Motors' Alfred P. and head of the Sloan Foundation). He declared that Stephens taught consumers to practice "economic statesmanship" by reminding them that each time a consumer chooses between a hand-made and a machine-made product, between American and foreign goods, he casts a vote for a particular kind of economic system...
Under the direction of a young SEC lawyer named Peter H. ("Handyman") Nehemkis Jr., surveys will be made in 561 towns and cities. SEC itself will concentrate on ten "representative" cities.* Already well under way, the job is to be finished by June 1. Said Jerome Frank: "We want to drench ourselves in facts." A sample question small businessmen will be asked: What per cent of your inventories have you borrowed against...
More than almost any other, the business of making locomotives is either a feast or a famine. Lima Locomotive Co., third largest in the U. S., feasted in 1937 when it made 101 locomotives at a profit of $1,019,983, first since 1930. Last year Lima got along on beans-it made ten locomotives and lost $687,035. This year Lima is dining a little less frugally-it got an order for twelve locomotives in February. And last week Lima had a new face at the head of its table. Vice President John E. Dixon became president in place...
Crusty, cold-bath-and-calisthenics-loving James Oliver perfected the "Oliver Chilled Plow" in 1868. Although the first metal plow had been made in 1837, Oliver's chilled cast-iron model was such an improvement that he has been regarded ever since as the father of the modern plow. Last week Oliver Farm Equipment Co. of South Bend, Ind. proudly announced the "Raydex" base and point, "greatest advance in plow-making" since 1868-the first entirely machine-made plow base...
Publishing. William Randolph Hearst's $500,000 salary* from Hearst Consoli dated Publications made him the press's No. 1 hired hand. Hearst papers made a point of computing the approximate Federal income tax of their boss: $306,000 ("There was also a State income tax"). Next to Hearst were President Mortimer Berkowitz of Hearst's American Weekly ($265,225), Publisher Joseph Pulitzer of the St. Louis Post-Dispatch ($255,000). Robert R. McCormick of the Chicago Tribune got $50,000, same sum his cousin Joseph Medill Patterson drew from New York's tabloid Daily News...