Word: mccarters
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...opened his frontal attack on the power industry. Not until last winter, after the President had rebuffed a "friendly" proffer of cooperation, did the Institute unmask its batteries. Last week before 1,200 powermen assembled at Atlantic City for the Institute's third annual meeting, President Thomas Nesbitt McCarter uprose to keynote: "If the Government persists in its attitude, it is up to the industry to fight for its life. The kid-glove stage has passed...
...acquired an additional host of distinguished enemies. Last week he added a few more, making it crystal clear that he proposed to run his power lines by the same old sights. The occasion was a peace offer made by the public utility industry in the person of Thomas Nesbitt McCarter, president of Public Service Corp. of New Jersey. Mr. McCarter went to the White House to present a formal memorial to the President. Excerpts...
...called on the President last week would never classify himself an extremist. He founded his $700,000,000 holding company 31 years ago with the motto: "To develop the State of New Jersey and to make it a better place in which to live." And today Founder-President McCarter often finds it difficult to understand why the State so often resents his efforts to improve it. Once this year he thundered: "The fad of the day is to imprint upon the brow of success the scarlet letter...
...constitutional right of TV A to sell electric power (TIME, Nov. 12). On subsequent days the President received calls from bigwigs of the utility world: Wendell L. Willkie, president of Commonwealth ; Southern; Preston S. Arkwright, president of Georgia Power; Floyd L. Carlisle, board chairman of Niagara Hudson; Thomas N. McCarter, head of the Edison Electric Institute (utility trade association). No one told what passed at the meetings except the President. He whispered to the Press that he had made it clear that if too much money had been invested in utility companies, the stockholders should take the loss in reduced...
...could put on a show which could hold its own with Revenge with Music. An expensive production by four of the leading technicians of the musical stage is all that really distinguishes the book and music by Schwartz & Dietz from something which might have been turned out for the McCarter Theatre...