Word: shermans
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Steel, Copper, Rubber, Motors. Thus the greatest argument in U. S. business for the past year was settled. Many a potent industrialist is still against reductions, including President Walter Sherman Gifford of American Telephone & Telegraph who carries great weight on the U. S. Steel directorate. But with Steel taking the lead, other companies rushed to follow. Bethlehem Steel Corp. and Youngstown Sheet & Tube followed suit so precipitously as to suggest that they had settled the argument long ago, were merely awaiting a strong lead to follow. As more and more steel companies were added to the list, absences became conspicuous...
...what I am proposing," admitted President Swope. "I am merely bringing together well-considered propositions that have found support, including some that have been put into actual practice. . . . Legislation will be required to make such a plan possible, including the probable modification of some existing laws," notably the Sherman anti-trust...
Meanwhile at Roosevelt Field, Long Island, nearest airport to Garden City, the 1911 flight was to be reenacted by Charles Sherman ("Casey") Jones in a 1911 Curtiss "pusher," and by Dean Smith, crack airmail pilot and Antarctic flyer of the Byrd expedition, in a Pilgrim monoplane. One sack of mail was to be dropped by parachute near the Mineola postoffice, the remainder flown to Newark for transfer to regular airmail planes...
...Keep the children in school!" was the warning three weeks ago of Frederick Cleveland Croxton, assistant to Generalissimo Walter Sherman Gifford in President Hoover's Unemployment Relief Organization (TIME, Sept. 7). Last week Senator Robert Ferdinand Wagner of New York pointed out that 1,000,000 children under 16 were estimated to be holding jobs, that in 1930 some 103,000 14-and-15-year-olds left school to work. "That is a condition which ought not to continue...
When bankers gathered in Manhattan last month to choose a chairman for the New York Unemployment Relief Committee under National Chairman Walter Sherman Gifford, they picked Banker Gibson. Last week, besides leading his big band of banks, he was busy getting ready an organization to help his city face the Winter. He was easily Wall Street's man of the week...