Word: steele
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Dates: during 1920-1929
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Members of the House of Commons cried "Hear, Hear!" approvingly last week as Minister of Labor Sir Arthur Herbert Steel-Maitland declared: "I believe it is a fact that there are more workers unemployed in the U. S. than in Great Britain. . . . Although no official statistics on the subject of unemployment in the U. S. are issued by the U. S. Government, it appears to be generally accepted by those competent to form an opinion that out of 12,000,000 workers engaged in manufacturing and industry in the U. S. 1,500,000 are unemployed. . . . Our own unemployment figure...
President James Augustine Farrell of U. S. Steel Corp., six feet tall, towering and blocky as a full-rigged schooner, took a gavel in his great fist last week. He thwacked the speaker's table smartly and the 14th yearly convention of the National Foreign Trade Council went into three-day convention at Detroit. Mr. Farrell organized the Council in 1914 and has always been its chairman. When he rapped for order, he got it. Nor did many of the 2,000 manufacturers, merchants, shippers, railroaders, steamship men, importers and exporters who went to Detroit last week stray across...
Those are some of the qualities that led Judge Elbert H. Gary to make Mr. Farrell president of U. S. Steel in 1911. He had begun work in a New Haven wire mill; soon he made himself one of the best wire pullers in the country. Shortly after, J. P. Morgan and Judge Gary organized the steel corporation (1901). Mr Farrel became president of U. S. Steel Products Co., the corporation's export division. He was the best salesman of steel goods then known...
While Charles Michael Scwab was president of U. S. Steel (1901-3), Mr. Farrell sold steel products abroad. Export of 200,000 tons of steel a year was considered prodigious at that time. By 1903 when William Ellis Corey became second president of U. S. Steel, Salesman Farrell was selling practically a million and a half tons of steel to foreign consumers...
...message came to Mr. Farrell. He was appointed, it read, U. S. Steel's third president. Said he: "I'm a good soldier." He and the Judge have always worked well together. In 16 years' administration he has doubled and redoubled many an item of U. S. Steel profit*. The Judge makes speeches and directs policies; President Farrell consolidates reports of subsidiaries and coordinates work of under-presidents...