Word: scale
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Dates: during 1930-1939
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Earle Bailie had been called from the banking firm of J. & W. Seligman, of which he is the most active partner, to coach Acting Secretary Morgenthau, himself no banker, on large scale bond flotations. Had Senator Couzens been pressed to explain why he wanted Earle Bailie fired, he would have pointed to the Senate's foreign bond investigation which two years ago found some defaulted Peruvian bonds sponsored by J. & W. Seligman, and a $415,000 "commission" paid by the firm to the son of Peru's late President Leguia...
...money which the Government will have to borrow in the next few months nearly $4,000,000,000 will be necessary to provide the cash which the RFC dispenses. Although everyone knew that vast RFC advances were being made, few people realized on what a grand scale big Texan Jesse Jones was playing Santa Claus to U. S. business. His biggest benefaction for fiscal 1934: new capital for banks, $1,350,000,000; carrying farm commodities, $498,000,000; state relief, $462,000,000. These "staggering" totals will not represent total losses. Although they represent for the most part loans...
...Many a celebrating citizen gulped an aspirin tablet on New Year's Day without any idea of whom to thank for the relief. Few days later in Rensselaer, N. Y., the man who introduced aspirin to the U. S. on a commercial scale retired from the active management of Bayer Co. Dr. Emmanuel von Sails, a Swiss from Basle, came to the U. S. during the Spanish War, went to work for a chemical concern in Rensselaer. In 1904 he persuaded the company to start making and marketing acetyl salicylic acid tablets, which were well known in Europe...
...Intelligence as do Scientists Einstein and Planck. A student of "indeterminism," he says that "natural phenomena do not obey exact laws.'' Physicists have tested the behavior of the smallest known units of matter and light, only to discover that their movements are unpredictable. This "complexity of small-scale events," leads Dr. Compton toward resolving the dilemma of freedom v. law, which is "as essential to the welfare of science as it is to the growth of religion." If a little photon of light can move capriciously, so can man by exercise of will. Thus Dr. Compton sees...
...Henry Ford did the unprecedented by taking a magazine (FORTUNE) into his plant and telling about his business. A month later he gave newsmen beer and a welcome such as he has never given them before. His advertising, sales promotion and merchandising for 1934 is planned on a huge scale. Instead of being, as usual, a month behind other companies on his new model, this year he was a good month ahead of them. By Christmas week his plants were turning out 2,000 cars a day while other companies, impeded by the tool makers strike and finding difficulties...