Word: sys
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Dates: during 1930-1939
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Northwest chose the light-weight (4 oz.), nose-gripping oxygen masks invented by grey-haired Dr. Walter Meredith Boothby and two other doctors of the Mayo Clinic and already used to cure and prevent seasickness (TIME, Jan. 16). Last week, after demonstrating the oxygen sys tem in an overweather flight of four hours and 50 minutes from Minneapolis to Boston with nine passengers, Chief Pilot Mai Freeburg showed Northwest's new flying wrinkle to Boston and Manhattan scientists and newsmen...
...onetime (1932-34) RFC director who organized Arkansas's first telephone sys tem, strapping, 61-year-old Harvey Couch is Arkansas's wealthiest private citizen, and the Southwest's No. 1 private utilitarian (Arkansas, Louisiana and Mississippi Power and Light Companies). In 1926 he bought Louisiana and Arkansas Ry. for $10,000,000, In February 1937, for a rumored $2,250,000 he picked up working control of K.C.S. from Paine, Webber & Co., which got control after a bitter fight with Leonor Loree. Since then Wall Street has been expecting a merger and last week Harvey Couch...
...opens. That a groundswell of public sentiment for old age pensions is rising was indicated last week by results of a New York Herald Tribune questionnaire. Of nearly 5,000 U. S. newspaper and farm journal editors who replied, two-thirds reported their communities solidly behind some compulsory government sys tem of old age pensions. Of many another New Deal plank, only minimum wages and maximum working hours got a bare majority of editors' eyes. Says Dr. Townsend: "Poverty once considered a natural curse which the human race was doomed to endure, can and will be abolished in the United...
...their nation's greatest enterprises, the deal opens new and larger spheres to Herr Kreuger. His company received large amounts of I. T. & T. stock in return for Ericsson and is now thought to be the largest individual holder in the Behn Brothers' mighty sys tem. Immediately in line for the I. T. & T. directorate were both Herr Kreuger and his U. S. colleague, Frederic Winthrop Allen of Lee, Higginson & Co. Banker Kreuger will likewise become a member of International's executive committee. An artist in the world of finance, Herr Kreuger is especially versed...