Word: schwab
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Dates: during 1920-1929
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...week there was no Judge Gary to conclude his ritual lecture by saying: "Gentlemen, the meeting is now in your hands. Whom do you want to hear from?" The answer was always the roar: "Charlie!" The judge and all others present knew that the "Charlie" was for Charles Michael Schwab, Chairman of the Board of the Bethlehem Steel Corp. But Judge Gary was dead two months (TIME, Aug. 22). He could not prime the iron & steel men's cheers for "Charlie." There was no need. In Judge Gary's old chair sat Mr. Schwab himself, elected last week...
...that end he persuaded Judge Gary to create the U.S., Steel Corp. The judge fashioned an industrial juggernaut. But the wheels lacked a few spokes. All iron & steel men would not go into the assembly. In 1901 the great machine began to move. Then the whiffletree flew off. "Charlie" Schwab, long the Corporation's first president, resigned in 1903. He, shrewd, hard and forthright, would not swing with the shrewd, hard and subtle Judge Gary. Mr. Schwab bought the broken down Bethlehem Steel Corp., and made it U. S. Steel's greatest competitor...
Among the authors of the first series of articles are Herbert C. Hoover, Curtis D. Wilbur, H. L. Mencken, General W. W. Atterbury, Newton D. Baker, John Hays Hammond, Charles M. Schwab, and Dean H. S. Graves of Yale. Included in the first list are seven past or present Cabinet members and several members of Congress...
This Whist Club was founded in Manhattan in 1893. It admits only about 100 resident members. The president is Charles M. Schwab, famed steel king; the members are almost all socially and financially impeccable. It is a small, quiet, publicity-shy club; existing only for card games, but nowadays not Whist...
...elder J. P. Morgan, how Mr. Morgan immediately engaged him to amalgamate and head the Federal Steel Corp., how Judge Gary kept insisting that a still bigger corporation must be formed to compete with England and Germany, how Mr. Morgan bought out Andrew Carnegie and put Charles M. Schwab, a Carnegie man, in the presidency and Judge Gary in the executive chair of the first billion-dollar trust is familiar history...