Word: systemic
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Dates: during 1920-1929
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Though the "P. E." is in its infancy, Pinchas Rutenberg has already announced plans for a 50,000 acre irrigation system; and for a "P. E." finance corporation to start and develop enterprises dependent upon electric power. By the time Great Britain's mandate over Palestine expires, it is quite possible that Pinchas Rutenberg will have developed a vertical and horizontal trust so vast that the only way of adequately protecting the capital involved will be to create the Seventh Dominion. Certainly the degraded and impoverished natives of Palestine, who would be raised up to "Rutenberg prosperity" during such...
...Baltimore & Ohio R. R. suggested a merger that would more than double its mileage and valuation. The Chesapeake & Ohio R. R. offered a plan that would link the somewhat scattered Van Sweringen holdings into a unified and expanded trunk system...
Pride of the Bowman-Biltmore hotel system is Manhattan's Biltmore. Pride of the United Hotels Chain is Manhattan's Roosevelt. Soon Biltmore and Roosevelt, already next-door neighbors, may be financial as well as topographical companions. For last week, widely, convincingly rumored, was a Bowman-Biltmore-United Hotel merger that would create a $50,000,000 hotel chain with more than 100 units, with over 20,000 rooms...
United Hotels Co. Twenty-five hotels owned, 38 controlled, comprise the U. S., Canadian and West Indian hotels in the United Hotels Co. system. Head of United is New York-born Frank A. Dudley, versatile organizer. He left his Niagara Falls law office to serve in the New York State Legislature. He organized the Buffalo & Niagara Falls Railway. He organized the Electric City Bank, then went to the Pacific Coast and organized the North Coast R. R. An even more famed organizer, the late great Harriman, offered him a job, but, "No," said he, "I don't care much...
...looks like a forced fraternity system and it is no wonder that the editors of the Lampy and The Crimson are voicing protest. Fraternities can exist in America because they have freedom of selection--they can choose the people they want to live with as a more or less unified group and they have no one to blame but themselves if the group is not congenial. Under the Harvard "House Plan", if a group didn't turn out to be congenial (and most of them wouldn't) only the donors could be blamed and it would be "just...