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Last week sparse-haired, big-browed Walter Sherman Gifford, nervously alert A. T. & T. President, told a convention of railroad and utility commissioners at Dallas, Tex., that to cut a melon was poor policy. Said he: "Earnings must either be spent for the enlargement and improvement of the service furnished or the rates charged for the service must be reduced." And the A. T. & T. stock (which had risen during the year from a low price of 149¼ to a high price of 185½) sank to 173 as expectations of added profits vanished. Brokers trading...

Author: /time Magazine | Title: Business & Finance: No Telephone Melon | 10/31/1927 | See Source »

...Schoonmaker of the U. S. District Court an injunction for the union men's eviction, on the ground that they were hampering the company's business, part of which is the interstate shipment of coal. To hamper interstate trade, said the company, is to violate the Sherman and Clayton Acts. Judge Schoonmaker agreed and wrote into the injunction a number of other prohibitions wanted by the company, against the unionists throwing rocks at company officials or dynamiting company land, against trespassing, loitering or even parading near company property. By any such acts, implied Judge Schoonmaker, the United Mine...

Author: /time Magazine | Title: National Affairs: In Los Angelas | 10/24/1927 | See Source »

Vice President Woll advocated, and President Andrew Furuseth of the International Seamen's Union strenuously seconded, the repeal of the Sherman and Clayton Acts; the substitution of laws which would prevent industrial monopolies but not hog-tie industrial combinations...

Author: /time Magazine | Title: National Affairs: In Los Angelas | 10/24/1927 | See Source »

Besides Lieutenant Myers, Lieutenants J. B. Noble, M. B. Sterling, M. E. Curts, W. K. Sherman, A. M. Granum, Christopher Noble, F. D. Kime, W. S. Dufton, H. A. Tellman, and H. N. Coulter are studying in the Cruft Laboratory...

Author: NO WRITER ATTRIBUTED | Title: NAVAL OFFICERS IN RESEARCH HERE | 10/24/1927 | See Source »

...There is also a formal dedication, to the late Critic Stuart P. Sherman...

Author: /time Magazine | Title: Books: VERSE | 8/1/1927 | See Source »

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