Word: postalized
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Dates: during 1930-1939
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...onetime Irish immigrant clerk one of the richest men in the greatest get-rich-quick era in U. S. history. Like many another bonanza king, John William Mackay beat a quick & gaudy path to the capitals of Europe but he did leave an enduring monument to his amazing energy-Postal Telegraph...
...presiding over Western Union's only competitor for a quarter century, he sold out in 1928 to International Telephone & Telegraph which, under the direction of the Brothers Behn, was gobbling up communication companies in all the world's corners. As I. T. & T. has since learned, the Postal System was no bargain...
Under I. T. & T. management Postal persuaded the telephone companies to handle its telegrams on the same basis as Western Union's: charged to the sender's telephone bill. It arranged with several Standard Oil companies to have filling stations accept messages. It developed its radio business, modernized transmission equipment, spruced up its messenger boys. It sought additional revenues in the distribution of bus. theatre and airline tickets...
Early in the Depression, dapper, white-mustached Clarence Hungerford Mackay, board chairman of Postal Telegraph & Cable Corp., and his wife, who was Opera Singer Anna Case, closed their 50-servant "Harbor Hill" mansion on Long Island, ousted their superintendent from his snug, white lodge on the grounds, moved into the lodge. Last week the Mackays prepared to move back to "Harbor Hill." For the present they will open only the south side of the mansion, keep a skeleton staff...
...West. By last week, it had become a nationwide epidemic. Even Alfred Emanuel Smith, in his two-thirds-empty Empire State Building, received 1,000 letters. He waste-basketed all except one which contained a dime. President Roosevelt received 200, sent them to Postmaster General Farley, whose postal service in many a city seemed about to collapse under the weight of chain mail. The Post Office has ruled chain letters illegal but it was waggishly suggested that if the craze would only last, Jim Farley's postal receipts would eventually balance the U. S. budget...