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...power trust" bought its way to political power. The Trade Commission turned up four letters written by a New York State Senator to officials of Associated Gas & Electric Co., an involved holding company at which many of the Governor's bills are directly aimed. Republican Warren T. Thayer had been chairman of the State Senate's potent Public Service Committee when he wrote the letters about six years ago. Today he is a minority member and Republican whip on the Senate floor. Excerpt from one of his letters...

Author: /time Magazine | Title: Business & Finance: Political Utilities | 4/9/1934 | See Source »

...walks through the Yard he will appreciate more than ever the verdant, luxuriant growth of a plant filled with chlorophyll, a plant called grass. From one end of the Yard to the other his eyes can feast upon the expanse of grass. From Holworthy to Wigglesworth, from Thayer unto Strauss he can take pride in both those plots of grass that still survive. He can erect a bronze tablet in honor of those brave young blades that pushed through the morass in front of Sever. He can rejoice, too, in the saving that the Maintenance Department effected for the Budget...

Author: NO WRITER ATTRIBUTED | Title: CONANT'S CONSTITUTIONALS | 3/28/1934 | See Source »

Finally convinced that the outlook was desperate, the Stewart-Warner management yielded. Last June six new directors were elected, including such potent Chicago names as Eugene Van Rensselaer Thayer, American Telephone & Telegraph director, Lawyer Ralph Shaw, shrewd, hard-bitten member of Winston, Strawn & Shaw, Robert J. Dunham, close associate of the late Jonathan Ogden Armour. But because no one relished the idea of having Inventor Zerk tearing his thick black mane at directors' meetings, a temporary coalition was formed to defeat the Zerk slate with one exception. To soothe Mr. Zerk's temper, they made...

Author: /time Magazine | Title: Business: Stewart-Warner-Alemite | 3/19/1934 | See Source »

...strike started, the New England mill town of Fullerton seemed a fairly pleasant little place. To young Harry Baumann it was just the site of his father's factory, which gave him enough money to be a Harvardman, raise delightful hell in New York. To Mill-Superintendent Thayer it was the whole U. S. To his silly wife it was the small town to which she was condemned. To his daughter Marjorie it was the springboard to dramatic triumphs in Manhattan. To Micky, level-headed Irish girl who worked in the Baumann mill, it was just things-as-they...

Author: /time Magazine | Title: Books: Coming Event? | 3/19/1934 | See Source »

...that a prosecution witness once got drunk, took a horse into a church. The 15 defendants were pronounced guilty; Ring leader Marvin got 25 years in jail. Harry Baumann, caught trying to set fire to his father's mill, sought a final sensation by shooting himself. Silly Mrs. Thayer died of overexerting her alcoholic heart. Her husband was proud the strike was broken, wanted to clean all the foreigners out of Fullerton. Marjorie at last was leaving for her Manhattan dramatic school. Micky was going to have a baby. The Author, in company with many a left-wing litterateur...

Author: /time Magazine | Title: Books: Coming Event? | 3/19/1934 | See Source »

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