Word: mine
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Dates: during 1950-1959
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After searching for five years, they found a gold mine in Major Henry Lee Higgenson, whose portrait now hangs at the left of the dining hall entrance. With his gift of $150,000 the "experiment in democracy," as he called it, went up in a year. Completed in 1902, the building was garnished with momentous of the recent Spanish war, including a "rapid-firing" cannon from the cruiser Harvard. This now stands in the basement, aimed threateningly at the entrance to the office of Athletic Director Thomas D. Bolles...
...dilemma as only John L. Lewis can. His 375,000 soft coal miners stayed out on strike against a ruling of the Administration's Wage Stabilization Board that they should get only $1.50 of the $1.90 daily wage raise granted in their new contract with the mine operators. Lewis himself went right on politicking for the Democratic ticket. But to the soft coal operators the United Mine Workers' boss sent a letter telling them just how he felt about the adverse Administration gesture which he had never expected...
Wrote Lewis: the contract for a $1.90 wage boost is not inflationary-"it is pure as a sheep's heart." The WSB ruling is "contemptible." WSB Chairman Archibald Cox, "the little Harvard professor," and his associates formed a "cabal to steal 40? a day from each mine worker." Economic Stabilizer Roger Putnam, who applauded the WSB ruling, shows a "sadistic trait," for he is "robbing miners' babies of life-giving milk...
...coal mine operators, urged on and joined by Lewis, petitioned Putnam to overrule the WSB and grant the full $1.90 raise...
Crown had poured $10 million into his mine at Farmersville, Ill., one of the biggest (annual capacity: 2,500,000 tons) in the state. By using machines to cut the coal, load and carry it out of the mine to be cleaned, sorted and conveyed to hoppers for shipping, he thinks he can cut his production costs well below those of most other mines. He plans to cut transportation costs by shipping in barges. He already has a big market; fast-expanding Commonwealth Edison Co. in Chicago will take half his output. For Crown, the whole enterprise was no more...