Word: steele
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Dates: during 1920-1929
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Great among steel companies is United States Steel. Great among steel companies is also Bethlehem Steel. Last week these two companies went to war. Bethlehem Steel alleged that U. S. Steel is violating certain of its patents, has been violating these patents for six years. It asks that U. S. Steel be enjoined from further patent-violation, that it pay damages to Bethlehem Steel...
...disputed patents, of which Bethlehem claims to be sole licensee, cover the construction of what is known as the Gray beam. In 1904, one Henry Gray took out patents on this beam, which is rolled from one piece of steel instead of being made from several pieces riveted together. In 1926, U. S. Steel began the construction of a plant in Homestead, Pa., for the making of beams similar to the Gray beams. Thereupon Eugene Gifford Grace, Bethlehem president, announced that the Gray patents were still in force and that the making of Gray beams by a Bethlehem competitor constituted...
...Gray patents are valued at $250,000,000. If the Bethlehem company wins its suit, U. S. Steel, besides being prevented from making further Gray beams, may have to pay damages equal to three times the value of such beams as it has made in violation of the patents. No estimate of these damages has been forthcoming...
Employed in a subordinate capacity at Bethlehem Steel when Mr. Schwab assumed the management of that company in 1904, Mr. Grace was chosen by Mr. Schwab as one of the "Company of Fifteen"-a-select group of those Bethlehem employees whom Mr. Schwab considered most able. By 1915 Mr. Grace had acquired something over a million dollars in salary and bonuses. Belonging emphatically to the class of those who have dressed well and succeeded, Mr. Grace has frequently lamented Mr. Schwab's informality in attire. When Mr. Schwab made his inaugural address as president of the American Iron...
...conduct of materials under these pressures is of great interest. Steel is used as a lubricant in the apparatus, for oil becomes solid under compression. Four different types of lee have been discovered. Which freeze at different temperatures and pressures. Mercury dissolves in iron in the pressures. Mercury dissolves in iron in the pressure chamber of the pump...