Word: pritchard
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...been filed with the request that they be considered confidential, but SEC rated them as matters of public interest and therefore not to be concealed. Date of publication coincided with the Congress of American Industry (see p. 67) meeting in Manhattan; featured firm was General Motors whose President Alfred Pritchard Sloan Jr. was keynoter of the industrialists' session. Top salaries at Bethlehem Steel, Standard Oil of New Jersey, Corn Products. 86 other corporations were also dragged out for public view...
...Alfred Pritchard Sloan Jr., whose father died in 1932 leaving $2,297,000, went from M. I. T. to Hyatt Roller Bearing Co., in which the Senior Sloan had a large interest. His first job had to do with manufacturing billiard balls, then an important Hyatt product. With the development of automobile roller bearings which supplanted billiard balls, the small, struggling Hyatt became large & rich. In 1916 Hyatt was taken over by William Crapo Durant, whose General Motors dream included motorcar accessories as well as motorcars. In 1920 Mr. Durant was out of General Motors, the du Ponts were...
Biggest sound-off of the week came from President Alfred Pritchard Sloan Jr. of General Motors Corp.: "Let us relegate to the museum of economic monstrosities the theory of scarcity as a factor in promoting industrial recovery. . . . Today the magic possibilities of industrial regimentation and the so-called planned economy no longer cast the spell of yesterday. That spell is broken. That is the most important thing that has happened...
...difficult to assemble a more impressive aggregation of wealth than is represented by the men on Pullman's board: J. P. Morgan and his partner George Whitney; Richard K. Mellon and two Mellon lieutenants; George F. Baker and a vice president of his First National Bank; General Motors' Alfred Pritchard Sloan Jr.; Harold S. Vanderbilt, Montgomery Ward's Sewell Lee Avery. President of Pullman is David Anderson Crawford, a husky, popular gentleman of 55 who works hard and plays money-golf in the low 80's. During the winter at Chicago's University Club he plays racquets with his friends...
General Motors' Alfred Pritchard Sloan Jr. and many another industrialist is convinced that in the long sweep of industrial civilization the course is still upward and will be milestoned by more products of applied science than have ever yet appeared. The news last week, for the first time in years, was dotted with many a milestone of engineering achievement, big and little...