Word: maloney
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Dates: during 1930-1939
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With this physical foundation for possible prosperity, a rehabilitation of PRC was begun in 1927. A new president was obtained. He was Andrew J. Maloney, 46, vice president and sales manager of a western coal company. Looked at externally, the choice was startling. President Maloney's experience had been in bituminous coal, and between the bituminous and anthracite businesses there is a difference almost as great as between handling airplanes and handling airships, building bridges and building skyscrapers. But men who knew Mr. Maloney praised the Morgan choice...
...Andrew Maloney's grandfather was a coal miner in the Pennsylvania anthracite fields. So was his father, who rose from the mines to a constableship. By the time Andrew Maloney was eleven, he himself was working in the mines. Once, during a shutdown, he studied stenography. A few years later his brother, a Philadelphia telegrapher, obtained work for him as a stenographer and usher in a vaudeville theatre. He went to Philadelphia, was discharged in a week. He obtained work with a sewer-pipe sales agency. The firm failed. He went to work for a metallurgical engineer, learned...
...have met President Maloney fail to tell their friends about him. Work in the mines gave him a physique such as few tycoons possess; 16-hour mine days gave him an enormous disdain for the eight-hour office day. He speaks briefly, forcefully, never detours issues. His formula for success is simple, not banal: "I have not cluttered my head with things not in my line...
...first of President Maloney's moves was to inspect the PRC properties. He did not find things just the way he would like them. Steam was the chief power used by PRC. It was produced in hand-fired boilers, carried in long, wasteful pipes. There were 32 old, uneconomical coal breaker-plants. A large amount of haulage was done by mules...
...eggplant captured the still-life award for Louise B. Maloney. There were also pastels, watercolors, murals and frescoes, woodcuts and photographs, with prizes for each...