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...decidedly more encouraging outlook," he purred. "My question is not answered," snapped the woman. "If you were to wipe out the salaries of all the general officers of the company," the officer replied, "it would amount exactly to 6? a share." Priceless Schwab. Salaries were also the sorest subject at a stockholders' meeting in Newark. The Federal Trade Commission two months ago listed Chairman Charles M. Schwab of Bethlehem Steel as the highest-paid executive in the U. S. in 1932, bonuses excluded. He received $150,000 in 1929, $250,000 in 1932. Traveling in Europe for his health...

Author: /time Magazine | Title: Business: Stockholders' Meetings | 4/23/1934 | See Source »

...Sorest Spot in the side of organized U. S. Labor at present is the wound whence the railways extracted a 10% horizontal wage cut last year (TIME, Feb. 8). President Alexander Fell Whitney of the Brotherhood of Railroad Trainmen, speaking for the running crafts (engineers, firemen & enginemen, conductors, trainmen), served notice that while railway workers might agree to continue the reduced pay scale another year on Jan. 1, they would fight to the last ditch incipient demands for further reductions by railway management. Railway unionists will meet in Chicago Dec. 7 to consolidate their position before meeting with management representatives...

Author: /time Magazine | Title: LABOR: Federation's 52nd | 12/5/1932 | See Source »

...Inherent Power." Touching short-term credits, which he seemed to regard as one of the sorest spots in the entire Depression, Mr. McGarrah estimated such credits outstanding at the beginning of 1931 totaled 50 billion Swiss francs ($9,647,500,000) and that frightened lenders suddenly called home 30 billion Swiss francs ($5,788,500,000) of their short-term loans...

Author: /time Magazine | Title: INTERNATIONAL: Big Biz | 5/23/1932 | See Source »

...Eliot quotes the biologists to the effect that Jews are prepotent in intermarriage (the implication being that this is the sorest spot in the whole scheme). I mention another who maintains that fusion of Nordic and Jewish stock produces the finest product yet known to "civilization." What Dr. Eliot maintains as fact then, I hold to be, as yet, mere opinion...

Author: NO WRITER ATTRIBUTED | Title: Communication | 12/18/1924 | See Source »

...passing of the Soldier's Bonus is to both democracy and party government the sorest blow of many years: To democracy, in that a popularly chosen group of law makers could be so blind, willfully or not, to the needs of the country at large, as to pass the bill; to party government, in that its principles, and with them its possible benefits, were thrown to the winds by the rank desertion of certain Republican congressmen...

Author: NO WRITER ATTRIBUTED | Title: COMMENT | 5/26/1924 | See Source »

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