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...shares in the Nieman estate were acquired by the Journal Co. and Miss McBeath at $3,500 a share, Miss McBeath buying in her part of the trustfund. Next, one-fourth of the Journal's total stock, split 100 for 1 to convenient $35 units, was offered for sale to Journal employes of five years standing. Since 531 Journalists qualified, each employe received an initial stock quota of from $500 to $5,000, based on his pay & rank...

Author: /time Magazine | Title: Press: Milwaukee Plan | 6/7/1937 | See Source »

With the new alignment, Mr. Grant Miss McBeath, the estate of a former Journal business manager and the employes will each own one-fourth of the paper. Mr. Grant and Miss McBeath have directed in their wills that their stock will eventually be sold to employes thus giving them full control...

Author: /time Magazine | Title: Press: Milwaukee Plan | 6/7/1937 | See Source »

...most of the smaller independents fell in line and signed up with C. I. O.'s Steel Workers Organizing Committee, the larger companies, employing more than 200,000 men and producing about one-fourth of the nation's steel, continued stubborn holdouts. When the Supreme Court certified the Wagner Act, their resistance took a subtle turn. They were entirely willing to bargain with S. W. O. C. and perhaps to enter into agreements with it-but they would have nothing put down in writing. Standing thus, they were strictly within their legal rights: the Wagner Act requires only...

Author: /time Magazine | Title: LABOR: Strikes-of-the-Week | 5/24/1937 | See Source »

Crossing between races that are physical far apart involves serious social results. Since one race is dominant, society forbids legal unions. Thus, the offspring, besides being unique in look, are socially stigmatized; at best they must live with the inferior group. In America mulattoes have increased rapidly, so that now only one-fourth of the Negro population is full-blooded. To discourage marriages between Negroes and Whites a pseudo-scientific propaganda has appeared which underlines the supposed bad effects of crossing. But scientists doubt if mulattoes are inferior; among Indians they have found that mixed bloods show less sterility...

Author: NO WRITER ATTRIBUTED | Title: THE VAGABOND | 4/30/1937 | See Source »

...were cut no less than 87% during 1936, and by the end of February were down to 24,000 tons, barely a two-week's supply at the present rate of consumption (more than 50,000 tons per month). Nearly one-half of all U. S. zinc is used to galvanize iron and steel and another one-fourth goes into brass, which is a copper-zinc alloy. Storage batteries account for nearly one-third of all lead, with paint a poor second. In good times building takes 10%, cable coverings 20% of U. S. lead.- And all these...

Author: /time Magazine | Title: Business: Mad Metals | 3/22/1937 | See Source »

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