Word: pugwash
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...built one of the largest power & light systems in the U. S. He had wanted to form the Second Biggest Steel Company. As the largest investor in the largest rubber companies he had planned to bring peace to that warring industry. But. above all. this youngish man from Pugwash. Nova Scotia dreamed of a Midwest industrial empire, vast, powerful, autonomous. His holding company was appropriately Continental Shares, Inc. Without a trace of sarcasm Cleveland used to call him Cyrus the Great...
...romantic parallel could have been drawn between the two big destinies. Mr. Hoover, onetime orphan on an Iowa farm, had the power and the plans for making the world's most prosperous nation more prosperous and happy than it had ever been before. Mr. Eaton, whose birthplace, Pugwash, Nova Scotia, had already benefited from his financial greatness, had power and plans only one degree smaller. A potent public utilitarian, he had just begun to fashion the Second Greatest Steel Company. He had also turned to the rubber-tire business and, as greatest stockholder in the greatest rubber companies...
...Eaton's journey from the herring-savored village of Pugwash, Nova Scotia, to remote control of thousands of natives in Sumatra has been indeed a strange passage. Yet upon him it has left none of the travel marks that are found on most tycoons who have made similar trips from nowhere to the inner circle. He has none of the restlessness of a Ulysses, such as drove the late great Thomas Fortune Ryan from enterprise to enterprise. Nor has he the swagger of a Magellan, such as is found in Motormaker Chrysler...
...Eaton is the assistance of able steel men for Mr. Eaton knows little of steel and, like a chemist's catalyst by his mere presence hastens reactions in which he has otherwise no part. "I am,'' he himself has said, "only an investor." Born in Pugwash, Nova Scotia, he graduated from McMasters University, Toronto, and, in 1906 arrived in Cleveland with the Baptist ministry as his chosen career. Before ordination, however, he became interested in public utilities, left the ministry in favor of Cleveland street railways. Next he went to Iowa, bought up options on public utilities...
...which, at Northfield, Ohio (where Acadia Farms, his summer home, is located) he founded and subsidized. He has made many gifts (one of $250,000) to McMasters University, also to Denison University (Ohio), and is a University of Chicago trustee. On a visit to his home town of Pugwash he disliked the hotel accommodations, so undertook a campaign of municipal improvement which included the straightening of Main Street, a park, and a new hotel. Shortly after these improvements, the whole town was practically destroyed in a fire, and had to be largely rebuilt, again with Mr. Eaton's assistance...