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Dates: during 1920-1929
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Thomas J. Walsh of Montana, who represented a resolution for a sweeping investigation by a special committee of the United States Senate. Senator Walsh revealed that his attention was drawn to the subject by the writings of Professor William Z. Ripley, of Harvard University, in his book, "Main Street and Wall Street." Professor Ripley had paid considerable attention to public utilities, the merger of power companies, the pyramiding of holding companies and their financial practices, and the growth of interstate power; and raised the question whether the time had not come for Federal regulation of the electrical industry, so rapidly...

Author: NO WRITER ATTRIBUTED | Title: BUSINESS SCHOOL RECEIVES $90,000 FROM UTILITIES | 4/29/1929 | See Source »

...appreciation of poetry at Harvard receive a substantial strengthening. A start has been made in the right direction, for of all forms of literature poetry most of all forms of literature poetry most of all requires comfortable and quiet surroundings for its appreciation. The hurly burly of the main Widener reading room with its scraping chairs and hoarse whispers or the deadening fastness of the stacks are equally inappropriate for the sort of pleasure to be found in the reading of verse...

Author: NO WRITER ATTRIBUTED | Title: POETIC JUSTICE | 4/25/1929 | See Source »

University education, if it is to be more than a training ground for skilled workers, can not afford to dedicate itself to the professions at the expense of the arts and pure sciences. One of the main-stays of man's cultural existence, the ground on which the professions are built, the liberal education will give way to the competitive demands for specialized training only with a serious loss to everyone concerned...

Author: NO WRITER ATTRIBUTED | Title: NO SHORT CUT | 4/24/1929 | See Source »

...spout. To Hoboken this week went the most potent of steelmen for the annual stockholders' meeting of the most gilded of steel companies. Had all U. S. Steel Corp. stock owners attended, those present would have totaled 100,000. Most, however, stayed at home; all knew that the main business of the meeting was to increase authorized common stock from $753,321,000 to $1,250,000,000 and reduce the preferred from $550,000,000 to $400,000,000. This was accomplished by the unanimous vote of the 200 (representing 2,783,890 shares preferred...

Author: /time Magazine | Title: Business: Furnaces & Gold | 4/22/1929 | See Source »

Colorado Fuel & Iron Co. Largest steel producer west of the Mississippi. Main works at Pueblo, Colo. Strike in company coal mines lowered 1928 earnings (first nine months, $1.54 per share). Steel rails are its chief product...

Author: /time Magazine | Title: Business: Furnaces & Gold | 4/22/1929 | See Source »

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