Word: ownerships
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Dates: during 1930-1939
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...which must meet these costs argue that there can be no fair comparison between their service rates and those charged by plants publicly subsidized. Last week private operators shook their heads in wonder, worry and skepticism when the Tennessee Valley Authority, President Roosevelt's greatest experiment in public ownership and operation, moved to meet in advance and silence this line of argument by announcing that its charges for Muscle Shoals electricity would include all the regular items that any private power company has to pay. Precisely what items are included and how they were figured will not be revealed...
...importer whose family has never been more than a stone's throw from a vineyard, brewery or distillery, it is not an exchange but a firm dealing in warehouse receipts. Stocks cannot be removed from bonded warehouses (except with a federal permit for medicinal sales) but receipts representing ownership can be traded. Quotations: bourbons ten years in the wood-$-34 to $35 a case; ryes-$35 to $51 a case...
Last week in Manhattan the Sun celebrated the hundredth anniversary of Ben Day's idea. It got out a 104-page edition describing the history of the Sun from Day through Charles Anderson Dana down to the present ownership. Included was a reprint of the Sun's first issue...
Dana had been managing editor of the potent Tribune under Horace Greeley but had resigned because of repeated differences. For Dana, the country boy who had clerked in a Buffalo store, gone to Harvard for three years until eye-strain forced him out, ownership of the Sun was a third career. (His second had been an Assistant Secretary of War.) Traveled, informed, scholarly, artistic, he gave the Sun his own peculiar tart philosophy. To people who objected to the things he printed, Dana retorted: "I have always felt that whatever the divine Providence permitted to occur...
After Dana the Sun ownership passed to Paul Dana, his son, then to William Mackay Laffan, longtime Sim dramatic critic. The days of personal journalism were over; the Sun concentrated on its news coverage. It devoted page after page to the Spanish-American War, was the first to announce that yellow fever had broken out in Cuba. The Sun reporter there had got the news past the censors by using the words Jack Ochre, and Boss Lord's correct interpretation of Jack Ochre as "yellow fever" gave the Sun a major scoop over its bitter enemies, Hearst...