Word: production
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Dates: during 1920-1929
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...unexceptionable pursuits, from untainted clients. Health, perfect, signalized by the ability to box with Muldoon, ride with W. S. Hart and eat anything. Oratory, colorful yet dignified, a pleasing compromise between the stilted phraseology of Webster and the poetic nights of Prentiss. Ethnology, Scotch-English- Irish-German, the united product of grandparents named McGregor, Lee, O'Brien and Schurz. Public Record, after business and farming success, terms as Governor, United States Senator, Cabinet officer, Ambassador and the author of textbooks on world economics. Habits, excellent; a moderate drinker before 1917, but dry as a bone ever since; a fairly...
...amusing, every available inch strenuously decorated-that great age when even ladies were upholstered; the 1888 room is all preRaphaelite, with the arts, crafts and esthetics of William Morris, Holman Hunt and deMorgan pottery; ending up with two modern rooms, not too successful, particularly in the dining-room, a product of that hokum theory that if you use enough color it must be modern...
Last year the unexpectedly large production of crude petroleum brought on a crisis in the oil industry by smashing the high prices for crude oil and even for its refined products. Large companies, however, stocked the excess crude oil product, and refineries greatly increased their stocks of gasoline. This policy seemed fairly safe at the time, because of automobile makers' confident predictions of a 5,000,000 car year in 1924 and a consequent heavy increase in gasoline consumption...
Colonel George Harvey has made his first editorial appearance under the banner of Edward B. McLean. In his new capacity as "editorial director" (TiME, June 2) of The Washington Post, he filled four large columns with the product of his pen-a product not so virulent as it was four years ago, but not without piquancy. His chief topic was the Japanese exclusion feature of the Immigration Act. Said he: "Responsibility for the faux pas that played hob with the pleasant relationship with Japan and the United States rests in about equal proportions upon the Secretary of State, the Chairman...
...late, such as his railroad or his huge new development at River Rouge. "Lateral" trusts-i.e., mergers of industries of the same sort-are forbidden by the Sherman Anti-Trust Law on the grounds of restraint of trade. But for the "vertical trust," involving ownership of all productive and transportation facilities needed for manufacture of a product there is no legal prohibition. This is the kind of trust that Henry Ford is creating...