Word: sloan
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...summon the war's opposing generals to a council table in the name of the President of the U. S. Under that pressure, General Motors abandoned its stubborn refusal to negotiate with the strike leaders until they had yielded up its captive plants. Twice had President Sloan rejected similar summonses by Secretary of Labor Perkins, but Executive Vice President Knudsen now wrote to Governor Murphy: "The wish of the President of the United States leaves no alternative except compliance...
...banking and thence to the chairmanship of U. S. Steel Corp. in 1932. Last fortnight another textile man became a director of U. S. Steel. Almost 20 years younger than Mr. Taylor and still owning an interest in the department store his father owned in Nashville, Tenn., George Arthur Sloan became a U. S. notable in June 1933, when as president of the Cotton-Textile Institute he walked into the White House with the first NRA code ever drafted. His trade association experience later included the big textile strike of 1934, during which picketers outside his Manhattan office sang...
When a newshawk reminded him that Mr. Sloan had offered to go to Washing ton if the President himself requested it, Franklin Roosevelt snapped: "A representative of the President did ask him to come down...
President Sloan's reason-the "unlawful seizure" of G. M. plants by sit-down strikers-Madam Perkins brushed aside as "legalistic." "The real reason the workers would not take their men out of the plants," asserted she, "was that they felt they couldn't trust General Motors. An episode like this must explain to the American people and make it clear why the workers can't trust General Motors...
...further evidence of G. M.'s concern for its employes, President Sloan announced that the annual distribution of stock & cash proceeds of the Corporation's employe savings plan, this year totaling $10,700,000, would be rushed. With even greater magnanimity, Vice President...