Word: one
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Dates: during 1930-1939
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Under the lights in a South Bend, Ind. courtroom one night last week sat 17 respectable business men, numb with the same chill apprehension that narrows the eyes of every accused man when his trial jury announces it is ready with its verdict. Hulking in their midst was bluff, red-faced President William S. Knudsen of General Motors Corp., nearby the slim figure of G. M. C.'s millionaire Board Chairman Alfred P. Sloan Jr. In the defendants' sanctuary around them sat 15 others: President John J. Schumann Jr., of General Motors Acceptance Corp., three of his vice...
...observed in a recent opinion of the Supreme Court that one of the recent appointees of that court has expressly said that the court has been reconstructed and the fair implication, as I read it, is that precedents may be of little avail, and their lack no bar. I must confess that at the end of 17 years on the bench I find less certainty in the law today than at any time. . . . The question of law is one which it seems to me that a trial judge in the present conditions and the present environment . . . should not condemn...
Thus, two of the land's biggest tycoons handed over one of the land's biggest corporations to their successors. It was a fine thing for G.E. to have as board chairman one who forced down the throats of European politicos a 70% reduction in German reparations, and who was now & then mentioned for the U. S. Presidency as a public-minded businessman. Likewise it was a fine thing for G.E. to have Gerard Swope for president, because though he concentrated on operations, he went about a good deal, was on any number of boards and committees...
Last week Mr. Cummings cut the umbilical cord between his bank and RFC, announced that Continental Illinois would buy back the last $25,000,000 of its preferred in one batch...
Over a glass of beer at the New York World's Fair last summer pretty Florence Mistele, 18, design student, and handsome Richard Graham, 20, actor, hatched a solution to the age-old problem of what to do with one glove after the other is lost. This week their patented answer went on sale at Manhattan's swank Mark Cross Co. (leather goods). It was a glove which looked like a hand's pattern jig-sawed out of a board. It is made by sewing an identical back and palm to a leather ribbon edge. Loose...