Word: trust
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Dates: during 1920-1929
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...statement to the Federal Trade Commission, whose investigation of the methods, rates and propaganda of interstate public utilities continues. A little more than a year ago, Nebraska's thin-lipped Senator George William Norris had charged in open Senate that the Copley papers are financed by "Power-Trust money," and are connected with the interests of Samuel Insull, public utility pope of Chicago. Publisher Copley wanted to place in the Commission's records a statement declaring Senator Norris was "entirely misinformed...
...newspapers at about the same time Mr. Insull acquired large holdings in Western United. He said: "I have no securities whatever in public utilities. There is not a dollar of utility money invested in my newspapers." He did say he still holds 12.500 shares of Western United in trust for his wife, his sister and one W. W. Tracy of Springfield...
Elected. Artemus L. Gates, 33, son-in-law of the late Henry Pomeroy Davison of J. P. Morgan & Co.; to be president of New York Trust Co. Harvey Dow Gibson, retiring president, was elected executive committee chairman...
...pool, commonly known as the Patent Club. In order to use any of the four basic cracking processes, independents had to get licenses from and pay royalties to the pool members. The U. S. government turned a suspicious eye toward the pool and its activities. In 1924, anti-trust proceedings were instituted against the Patent Club and 48 associated companies. In 1927 a Master in Chancery reported that the pool was necessary (and therefore legal) because overlapping patents compelled some pooling arrangement.* This report the U. S. District Court ignored and last week declared against the Patent Club. Three...
...selection of D. W. McCord as Graduate Secretary speaks for itself. Occupying at various times many positions of trust in Harvard affairs, he has particularly distinguished himself in his able work as Executive Secretary of the Harvard Fund. Mr. McCord's wide experience and broad personal contacts should be especially valuable in the selection of prominent speakers, in the outside relations of the Union, and in the general oversight of its policy...