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Dates: during 1930-1939
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...Edison bought the interests of an ill-managed, holding-company-owned public utility company in The Thumb in 1935. . . . In November 1935, 11,000 Thumb farmers were in need of rural electric service: within two years D.E.C. had supplied the needs of approximately half of them. Coop, as a result of its first three years, has extended its services to some 1,500 farmers at current date. It hopes to serve 4,000 to 5,000 when and if effectively established. Co-op rate for 100 kilowatt-hours per month is $5.07; D.E.C. sells 100 kilowatt-hours per month...
Next day, 342 eligible writers employed at Hollywood's 14 active studios solemnly cast their votes. Screen Writers Guild got 271 votes, a thumping majority at every studio. Result of the bickering: President Nichols promptly offered to "bury the hatchet," form a unified organization; President Mahin retorted that "the fight has just begun," promised to take it to the courts...
...production, known among operagoers as the ''star system," has its advantages. It simplifies and speeds up rehearsal, and allows the public to hear a great number and variety of fine singers. But it also has disadvantages. Under it, an operatic cast is seldom rehearsed as a unit. Result: Operatic acting and staging, as a rule, is slipshod, routine, uncoordinated...
...trouble with "gentlemen's agreements" to stabilize prices, according to the industrial engineering firm of Ford, Bacon & Davis, is that 60% of the agreers are gentlemen, 30% just act like gentlemen and 10% neither are nor act like gentlemen. Result in the early years of the steel industry was that every price pool ended in price chaos. Then along came a gentleman who also carried a big stick-stern Judge Gary of U. S. Steel Corp. Since Big Steel at the turn of the Century had 65% of the total ingot-steel capacity, Judge Gary could easily knock into...
Thus highlighted was the ironical fact that an action to avoid a Governmental reprimand for monopoly might increase monopoly. It has always been the steel industry's claim, seconded by cement and other heavy industries, that without price stabilization of some sort the inevitable result is a number of monopoly mills whose strategic position enables them to undersell and consequently force out of business their competitors...