Word: nickel
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Dates: during 1920-1929
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Still another significant invention came before the Optical Society. It was a refinement of Dr. William David Coolidge's cascading cathode tube which shoots pure electrons out through a thin nickel window (TIME, Nov. 1, 1926). The new tube's window is made of pyrex glass thinner than tissue paper and permits more electrons to escape from the tube's cathode than does Dr. Coolidge's nickel window. And the new contraption is relatively cheap, available for research laboratories everywhere to experiment with the mightiest rays that man has yet learned to control. Remarkable...
...small capital. As a speculative venture, the loan was one of the most successful in history. Fraulein Herz lived to be repaid 200% each year on her advance. Father Ludwig lived to see his British factory a spectacular success, to create the Brunner Mond Co. and the Mond Nickel Co., to amass a large and surprisingly good collection of Italian Madonnas, and to beget Alfred Moritz Mond...
...vast British interests with U. S. enterprise. To newsgatherers, he denied all reports of new I. C. I. deals with Allied Chemical in the U. S., or with the mighty German I. G. Farbenindustrie. Most obvious of remaining possibilities, therefore, was a merger of Mond Nickel with the "biggest" International Nickel Co., owning adjoining properties in the Froude Mines of Ontario...
Lord Melchett returned from Canada, conferred privately and lengthily in Manhattan. Speculators, scorning merger denials, made hasty calculations. Assets of International Nickel total $75,000,000. Together with the Mond company's assets of $40,000,000, the new international nickel trust would be worth between $115,000,000 and $125,000,000. It would control all but a small fraction of the nickel supply of the world. To close the deal, speculators foresaw a split-up of International Nickel common stock, followed by an exchange of both International and Mond stock for shares in the new trust. Trading...
...they as individuals?courteous, manly, straightforward. Babbitt Clevelanders state that they are not jovial, that they are aloof. They play (chiefly at golf) more for physical and mental exercise than for sport. As railroad financiers they are great tacticians, but not yet great strategists. They gained control of the Nickel Plate, the Chesapeake & Ohio, the Hocking Valley and the Erie; they have gained a share (with N. Y. C. and B. & O.) in the Lake Erie & Wheeling. They have had the strategic plan of making those railroads into the fourth eastern system. N. Y. C. has helped them...