Word: schwab
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Eugene Gifford Grace, President of Bethlehem, has been somewhat overshadowed in popular estimation by Charles M. Schwab, head of Bethlehem directors...
Employed in a subordinate capacity at Bethlehem Steel when Mr. Schwab assumed the management of that company in 1904, Mr. Grace was chosen by Mr. Schwab as one of the "Company of Fifteen"-a-select group of those Bethlehem employees whom Mr. Schwab considered most able. By 1915 Mr. Grace had acquired something over a million dollars in salary and bonuses. Belonging emphatically to the class of those who have dressed well and succeeded, Mr. Grace has frequently lamented Mr. Schwab's informality in attire. When Mr. Schwab made his inaugural address as president of the American Iron...
Charles Michael Schwab arose at the American Institute of Steel Construction, in session in Mississippi, and said: "Boys, listen to the old steel master from Bethlehem. I am getting old [66]. ... I have learned a lot since I started as a boy with Mr. Carnegie. I learned a lot about steel, but more important I learned a lot about life. Ah, that is the thing. Be happy. . . . When my time comes to die I do not want to be surrounded by granite and marble. I want to be amidst steel, beams and 'Ls' where I have been happy...
...grandiose fortnight that ended for Charles Michael Schwab in Manhattan last week. He had sat, dined and posed with the country's other industrial tycoons (TIME, Oct 29). He gave $25,000 to the Republican national campaign fund. His Bethlehem Steel Corp. made its report for the third quarter of this year. (Its business and profits this year have run somewhat less than last. But production now is at 94% of capacity and is efficient. Directors again decided to pay no common dividends.) Lastly, happily and philosophically Tycoon Schwab presided over the yearly general meeting of the American Iron...
Quickly, they admitted Pioneers Ford, Schwab, Rosenwald, Eastman, Firestone and Speakers Swift, Taylor, Gifford, Mitchell and many another U. S. businessman to tycoonship. And with enthusiasm they claimed Honor Guest Lord Melchett as Foremost and Mightiest British Tycoon...