Word: steeled
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Dates: during 1920-1929
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Second star witness was Charles Michael Schwab, benevolent-looking Chairman of Bethlehem Steel Corp. He declared that he would like to see every battleship sunk, he never met Mr. Shearer so far as he recalled, regarded his employment as unwise. Said...
...Having just concluded the fiftieth year of active business in the steel industry, in the natural course of events, I do very little except touch the high spots now, and have implicit confidence in the person I always speak of as 'my boy'-although he is not a boy any more-to carry on the work of the Bethlehem Company better than I was ever able to carry it on; so that I am very happy in placing practically the entire responsibility with reference to everything pertaining to the Bethlehem company in Mr. Grace's hands...
Then hovering over the steel works of the enemy he dropped his major charges, one after another: "The United States Steel Company's earnings for the second quarter of 1929 were the highest in its history, to wit, $71,995,561. That amounts to $6.68 a share on 7,116.235 common shares outstanding on June 30, 1929, and $5.91 a share on 8,030,334 shares of recent issue...
...Republic Iron and Steel Company showed increased earnings...
...future on a gas of great power and volume produced by a handful of a peculiar metal and a small tank of peculiar gas." dreamily predicted Chicago's Robert G. Guthrie, nominated to succeed Cleveland's Zay Jeffries as President of the American Society for Steel Treating, sponsors of the Congress. Mr. Guthrie's prediction followed his exposition on special furnaces in which gases are used to surface steel. Metals absorb gases, a phenomenon only now being put to industrial use. Konel Metal. News of a new and valuable alloy was despatched to the Congress by Westinghouse...