Word: power
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Dates: during 1920-1929
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Last week a sweeping election placed Parliamentary power in his able and practiced hands. His return was complete...
Still, the legend of a secret order, some said designated by the letter U, persisted. There were those who held that Mother Concepcion was not the evil genius, but merely the organizer of the band, a go-between, acting in the interests of an unknown, higher power...
...will the influence of International Paper Co. stop with this sizeable unit. Also forecast, last week, was a further pool of power resources in New England. Only the approval of directors was lacking to consummate a combine between New England Power and Edison Electric Illuminating Co., a utility company serving Boston and 37 other cities and towns, reaching 1,265,000 individual consumers. Through this pool, the new Edison-New England Power combine ranks as one of the chief links of the intricately chained U.S. utilities "trusts," target of many a bitter political attack. And the controlling force...
...insolvent Riordon Co. (Canadian pulp concern) that bondholders emerged after four years without loss. This extraordinary achievement took him to International Paper in 1924 as president. One of his first acts was to buy the Riordon Co., merge it with International Paper. His directorships, besides New England Power, include the Corn Exchange Bank, Missouri Pacific Railroad, American Surety Co., Manville Jenckes...
Close friend of President Graustein is President Frank D. Comerford of New England Power. Last week, New England's Comerford came to the board of directors of International Paper, joining a group of potent New York and Boston financiers. Among them: Frank N. B. Close (vice president, Bankers Trust Co.) ; H. C. Phipps (New York Trust Co.); Ogden M. Reid (president, New York Tribune, Inc.); John R. Macomber (president, Harris, Forbes...