Word: thom
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That episode was only one spasm in the tunnel's long history. It was originally suggested by Napoleon, in 1802, to Charles James Fox. For nearly three-quarters of a century it remained merely an idea. In 1867 a French engineer, Thomé de Gamond, exhibited the first practical drawings. In 1881 what became the still existent Channel Tunnel Company Ltd. was launched. Queen Victoria, who got seasick on the Channel crossing, gave it her blessing. Bores were started from Shakespeare Cliff on the English side of the stormy passage, and Sangatte, near Calais, on the French...
...THOM S. GEPHARDT...
...retail-price index rose 2½% above November 1939, first time this year it has risen for a second successive month; a rise in textile prices means that clothing prices will follow: wholesale food prices have risen 1.5% in the past week; President Ward Melville of Melville Shoe Co. (Thom McAn shoes) talked last week of higher shoe prices. Items worrying business: White Motor Co. must spend an extra $300,000 this year on a 5?-an-hour increase; Midland Steel Products must pay 3? to 10? an hour more to its line workers; Cleveland Chamber of Commerce announced that...
...pairs of shoes, 12,000,000 pairs of socks) and J. F. McElwain Co., Nashua, N. H., shoemaker, have got along fine. The arrangement between them has been that Melville contracts to take most (now 92%) of McElwain's yearly output, to be sold through its 652 Thom McAn chain stores. Under the plan the factory sold shoes to the distributor at cost, took a percentage of net profits from sales. This streamlined combine, which eliminated all conflict between the two main branches of an industry, did away with the expense of changing over machines, putting new models...
That done, dark, horsy Melville President Ward Melville, son of the late Founder Frank (who fathered the idea of selling cheap, standard shoes at a fixed price), upped the price of his Thom McAn men's shoes 15? to $3.30 a pair. He intimated he was doing so for the good of the industry...