Word: schwab
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Dates: during 1920-1929
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...large stockholder, 2) the Pittsburgh Coal Co., "one of whose most influential stockholders is Andrew W. Mellon . . . perhaps the ablest Secretary [of the Treasury] since Alexander Hamilton, a man with admirable traits"; 3) the Bethlehem Mines Corporation, owned by the Bethlehem Steel Co., "of which Charles M. Schwab, a great American, is a dominant factor...
Except for the distant roaring of the steel foundries of Charles M. Schwab, and the irreverent cannonade of a thunderstorm whose salvos rocked high heaven and shook the windows of the church wherein burghers and visitors had gathered to hear the trombone choir and the local soloists deliver Bach's Christmas Oratorio, the little town of Bethlehem, Pa., lay still. Conductor Wolle raised his baton. A clap of thunder split the sky like a peasecod. Lightning assaulted the darkness through every shivering window, and the place seemed, for a moment, to be filled with whirling laughter, like the mirth...
Meanwhile, his own companies were making vast profits for part of which the U. S., last week, filed suit in the Federal District Court of Philadelphia for "upwards of $11,000,000." The suit attacked Mr. Schwab because he forced other companies to keep within a 10% profit, but failed to interfere with profits of his own concerns-"Bethlehem...
...Grace, now President of the Bethlehem Steel Corporation, from the vantage point of "I-told-you-so," issued a statement berating the Government's suit. Defending Mr. Schwab, he said...
...suit pointed out that Mr. Schwab was in a position to estimate with fair accuracy the cost of ships...