Word: standardize
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Dates: during 1920-1929
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...cake, there was now lively apprehension lest that same demand should wreck the Conference and prevent adoption of the Young Plan. "They feel," said Mr. Lamont, allowing himself to be directly quoted, "that failure to reach some agreement would mean international derangement. They feel it would endanger the gold standard [of Sterling] and would threaten British financial losses far greater than £2,000,000 a year?...
...hands into which they passed were those of George Kenan Morrow and his brother Frederick. Since the Morrows were known to be interested in a number of food products, Wall Street began to talk of a new food products combination, perhaps rivaling the recent Morgan merger (Standard Brands). Last week, confirming that guess, four companies ? Toddy Corp. (chocolate malted milk), Edward H. Jacob (canned mushrooms), Kitchen Bouquet (liquid flavoring extracts), Fould Milling (macaroni) ? united in Grocery Store Products Inc., and the name of George Kenan Morrow again figured prominently on the board of directors...
Together the Brothers Morrow have bought the 2-in-1 Polish Co. in Canada (now 2-in-1 Shinola Bixby Corp., subsidiary of Gold Dust), Christie Brown Co. ( Canadian cracker makers), Consolidated Bakeries (also Canadian), American Linseed Co.. Standard Milling Co. They had to fight for control of the last two, but as Elder Brother George remarked last week: "We are like Tunney. We have never been beaten...
...Sinclair plan is but a symptom of a major movement in the industry: to sell more oil, more cheaply. Master service stations of various types are already erected or projected by Standard Oil of Ohio, Beacon Oil Co., Pierce Petroleum Co., even by Firestone Tire Co. (TIME, Aug. 19). Shell Union Oil Co. recently obtained $40,000,000 by new financing to enlarge its service station outlets...
...young (38 years), clean-shaven (Squibb's shaving cream), smiling through white teeth (Squibb's tooth paste), healthy (Squibb specifics and much horse backing at Fairfield, Conn., where he is a master-of-hounds and keeps an airplane), President Palmer's policy has been to market standard and recognized medicines under their own names and advertise the Squibb as a trade-mark of quality, rather than to purvey medicines of unpublished ingredients with fancy names and irresponsible claims of merit...