Word: toledo
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Dates: during 1930-1939
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Step 2. In 1920 came the National Transportation Act, proposing railroad consolidations. Straightway the Van Sweringens sat down to figure out their own consolidation. The Nickel Plate was making money and in 1922 they had it buy and absorb two smaller roads: the Toledo, St. Louis & Western ("Clover Leaf") and the Lake Erie & Western. But the brothers had a more ambitious project; they wanted the Chesapeake & Ohio. A block of 73,000 shares, a minority but practically a controlling interest in the C. & O., was held by the Huntington family of Los Angeles. In 1923 they bought this...
...floor as a "miniature history of art." Plain to see last week was the centuries' meandering sequence of styles in painting, each example a world-famed masterpiece. And Director Harshe headlined the show's "ten most significant" pictures: Hans Holbein's Portrait of Catherine Howard from Toledo's Museum of Art; Tiziano Vicellio's (Titian) Venus and the Lute Player from Manhattan's Duveen Bros.; Domenico Theotocopuli's (El Greco) The Assumption of the Virgin from Chicago's own Art Institute; Frans Hals's The Merry Lute Player from Mrs. John...
Thirty years ago Michael Owens, glassblower, revolutionized the glass business by inventing a machine that was a substitute for human lungs in bottle making. Out of his invention grew the great Owens Bottle Co. of Toledo. Four years ago a merger made Owens Bottle into Owens-Illinois Glass Co., biggest U. S. bottle maker, producer of 40% of U. S. bottles, and made William Edward Levis its active head. Last week William Edward Levis gave signs of introducing another revolution to the bottle business, vertical integration of a new kind: Owens-Illinois having acquired a 40,000-share interest...
...Morton Talburt of Scripps-Howard's Washington Daily News, $500 for his cartoon entitled "The Light of Asia." It showed a brawny fist, labeled Japan, clutching a crumpled sheaf of papers which blazed like a torch. It was marked: "Nine Power Treaty- Kellogg Pact." Cartoonist Talburt, one-time Toledo soda-jerker, is a Scripps-Howard ace. Oldtime Editor Negley D. Cochran who developed him says: "Some of us write editorials and are called editors; Talburt draws editorials and is called a cartoonist." The 1932 Pulitzer Prize for books on U. S. themes...
There was a time when Henry Ford was apparently intent on doing every kind of business incidental to the manufacture of automobiles. He provided himself with his own steel mills, his own glass works, his own credit corporation for financing retail sales, even his own railroad (the Detroit, Toledo and Ironton)-all the elements of a great vertical combination, except that for the most part they were, not combined, but erected. More recently he has apparently reversed his intent. As early as 1929 he disposed of his railroad. Last week he was actively dickering for the sale of his retail...