Word: milles
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Dates: during 1940-1949
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...Textile mill owners still said they were booked solid for months ahead. But last week cotton textile men convinced the Administration that supply just about matched demand, and the Administration dropped plans to set up voluntary allocations...
Since war's end, John Haussermann had been busily scraping up money and shipping off equipment to rebuild the mining villages and mill plants wrecked by the Japanese. A trickle of gold was already coming from his mines. But bustling Mr. Haussermann thought it would come out faster if he was on the spot. Twice before, he had picked up the pieces of his Benguet Consolidated Mining Co., and fitted them together, until in 1941 they made a $100,000,000 empire...
...Wind. It was a disaster that had made Haussermann a miner. In 1911 a typhoon swept northern Luzon, flooded the tiny Benguet Co.'s only mill, bankrupted the owners, and left the Bank of the Philippine Islands with a worthless batch of loans. To retrieve its stake, the bank picked Haussermann, Benguet's lawyer, who had come to the islands in 1898 as a second lieutenant, had stayed to become an assistant attorney general in the new Philippine's government...
...Judge" Haussermann floated 200,000 shares of new stock, borrowed $75,000 from the bank, built a new mill and started mining ore. In two years he paid off the bank's loan to Benguet. Gradually, he increased his own stock holdings out of earnings until he owned a controlling interest of about 30%. (His original investment was eventually worth...
...three Charles E. Wilsons (no kin to each other) who are top executives of General Motors Corp., General Electric Co. and Worthington Pump & Machinery Corp.; nor to Norman W. Wilson, head of Hammermill Paper Mill Co., Edward F. Wilson, head of Wilson & Co., John L. Wilson, head of St. Louis Public Service Co., Laroy W. Wilson, head of Advance Aluminum Castings Co., H. W. Wilson, head of H. W. Wilson Book Co., nor to any of the dozen-odd Wilsons who head other large U.S. companies...