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There are, however, some major differences between the two units. Direction of General Motors is divided, impersonal; Chrysler Motors, like the Ford company, is united under one chief.* General Motors uses the financial wizards of the Raskob-du Pont type; Chrysler relies chiefly on Walter P. Chrysler. General Motors is close to J. P. Morgan & Co.; Chrysler is the good friend of the Brady family and, more recently, of Dillon, Read & Co. General Motors has issued the huge total of 43,500,000 shares of common stock,† Chrysler only 4,423,484. General Motors sold 1,576,708 cars...

Author: /time Magazine | Title: Business & Finance: Chrysler Motors | 1/7/1929 | See Source »

...Delaware, an Episcopal boarding school will be established at Middletown, name, headmaster, still undecided. As usual in Delaware, the money will come from a member of the du Pont family, builders of roads, parks, manufacturers of collars, dynamite, automobiles. The member is Alexis Felix du Pont, vice-president of the du Pont Co., Wilmington. He, slim, tall, fair, slightly bald, made many a munition fortune during the War, plays the baritone horn in the Police band...

Author: /time Magazine | Title: Education: du Pont School | 12/31/1928 | See Source »

More recently, when hotels, planned on a far more luxurious basis, had been built to compete with the aging dignity of the Waldorf-Astoria, the hotel was taken over by Waldorf-Astoria, Inc., of which General T. Coleman du Pont was a director. It is this corporation which last week sold the property to the Bethlehem Engineering Corp. The new owners stated that they would erect, on the Waldorf-Astoria site, a 50-story office building...

Author: /time Magazine | Title: Business & Finance: Big Realtor Dickers | 12/31/1928 | See Source »

...succeed Mr. du Pont in the Senate, Governor Robinson appointed Daniel O. Hastings, 54, onetime Delaware Secretary of State and Supreme Court justice, a man well acquainted with the du Pont interests...

Author: /time Magazine | Title: National Affairs: du Pont Out | 12/17/1928 | See Source »

Resigned. U. S. Senator Thomas Coleman du Pont of Delaware; from the Senate, because of poor health...

Author: /time Magazine | Title: Milestones: Dec. 17, 1928 | 12/17/1928 | See Source »

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