Word: mine
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Dates: during 1950-1959
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John L. Lewis announced that his United Mine Workers' pension fund this year had paid out $126,300,000 and had received $126,500,000 in interest and royalties. Present balance in the fund...
...John ("Little Davey") Lewis, 83, onetime Pennsylvania coal miner who served 14 years as U.S. Congressman from western Maryland, helped found (in 1912) the nation's parcel post system; in Cumberland, Md. When he was nearly nine, Lewis shouldered a miniature pick & shovel, followed his father down a mine shaft to earn $10 a month. He was 17 before he learned to write, was once pulled out of a mine cave-in, half dead, with a physics book in his pocket. In 1910 Lewis was elected to Congress, identified himself as a left-wing Democrat. In 1935 he wrote...
...policy "wheels" -the circular devices from which winning numbers are drawn. Each "wheel" was named-there was the Erie-Buffalo-Goldfield Wheel, the B & O, the Windy City-Subway-Big Town. Each was served by hundreds of runners and had thousands of loyal customers. Each was a gold mine. The Capone Syndicate set out to consolidate them into one big gold mine...
...quipped that "next time I come in I'll be buying the newspaper." He joined a Bay Street brokerage firm, later formed his own company and became a millionaire by the time he was 30. In 1936 he returned with the money ($1,850,000, backed by Gold Mine Owner William Wright) to buy the Globe; a month later he bought its morning rival, the Mail & Empire; twelve years later acquired the Telegram for $3,610,000. A onetime Liberal, he shifted to the Conservative Party...
...rise through John Lewis' United Mine Workers to Steel and the presidency of C.I.O. have given Murray enormous political power-a direct and live kind of power that few full-time politicians can equal. For a time, John Lewis held the same kind of power and hurled it, like Thor, in enormous thunderbolts. But, as Murray watched from close by, Lewis soon shot his bolts and lost his prestige. Murray keeps his power impersonal and out of the public eye, and thus it grows and multiplies. His views are a major factor in any important decision in Washington...