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...mentioned But the choice of a new leader of the Institute soon narrowed down to Big Steel's Irvin as a representative of the new order and those two hard-bitten foes of organized labor, Republic Steel's Tom Mercer Girdler and National Steel's Ernest Tener Weir. For three hours the Institute s directors battled in a secret session frequently punctuated by heat-treated speeches from Mr. Grace. On emerging. the directors blandly announced the unanimous election of Steelman Girdler, whose Chicago plant was within a few hours to be steel's bloody ground...

Author: /time Magazine | Title: Business: Independent Institute | 6/7/1937 | See Source »

...called up all the independents in person to break the news officially. In terrific agitation the independents started to criss-cross the country with long-distance calls and within less than two hours after the end of the first bargaining conference no less than five independents, led by Ernest Tener Weir's National Steel Corp., had announced wage raises. But U. S. Steel had beaten them to the draw...

Author: /time Magazine | Title: Business & Finance: Story of a Story | 5/3/1937 | See Source »

...last week, with reports in for 1936 from nearly all the rest of the steel industry, Bethlehem's figures did not by comparison look so startling. Ernest Tener Weir's National Steel Corp. announced the highest earnings in the company's history-$13,171,000 before undistributed profits tax of $629,000 as against $11,136,000 the year before. Tom Mercer Girdler's Republic Steel, busy last week with a deal to acquire Gulf States Steel Co., earned more than twice as much in 1936 as in. 1935-$9,586,000 compared...

Author: /time Magazine | Title: Business & Finance: Earnings | 2/15/1937 | See Source »

Steelman Ernest Tener Weir, also throbbing with the spirit of reform, spoke warmly if tritely for redistribution of wealth: "Demand can be increased not only by increase in total national income, but also by distribution of the increase through the whole population. . . . Wage increases or investment returns that are paid solely through price increases are only apparent gains. ... It is probable that work on this problem will indicate that special attention should be given the low-income groups. This would have human value because these groups are most in need...

Author: /time Magazine | Title: Business: Waldorf Conversion | 12/21/1936 | See Source »

...voices of Lowell Thomas, Ford Bond, John B. Kennedy-a battery of radio talent extolling Mr. Sheldon's 35 years as boss of Allegheny. Civic representatives spoke in praise of Mr. Sheldon's benefactions. Telegrams and letters of congratulations were read from Weirton Steel's Ernest Tener Weir, Bethlehem Steel's Charles Michael Schwab, Pennsylvania Railroad's Martin Withington Clement. Said Radio Commentator Kennedy: "Sheldon's name is large in the steel industry, but its size or power doesn't matter so much today, for here, in this mass expression of admiration...

Author: /time Magazine | Title: Business: Sheldon Day | 9/28/1936 | See Source »

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