Word: trusts
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Dates: during 1920-1929
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Died. John Aikman Stewart, 104, Chairman of Board, United States Trust Co., Manhattan (which he organized, 1853); in Manhattan, of pneumonia. Acquainted with most U. S. Presidents since Jackson, he worked for Lincoln as Assistant Secretary of the Treasury. In 1894, during Cleveland's second term, he was influential in securing resumption of specie payments. Columbia graduate, he was President pro tempore of Princeton (Sept. 1910-Jan. 1912), following Woodrow Wilson's resignation...
...Sweringens brought him to their Nickel Plate ten years ago. An operating genius, he reorganized, practically rebuilt, the road; made it as efficient a freight carrier as any other line of the country. He is a sales genius too. When the Union Trust Co. of Cleveland contemplated its present 21-story bank and office building, President Bernet got the business of hauling the construction material. That was a triumph. But it lasted briefly, for the late President Alfred Holland Smith of the New York Central heard of the matter. The New York Central had long done considerable business through...
...years Lord Northcliffe's secretary, made sensational charges against his brother, Lord Rothermere, who has succeeded him as the great overlord of the British press. Miss Owen charged that Lord Rothermere, as an executor of the Northcliffe estate, virtually sold to himself control of the Daily Mail Trust, in 1922, at four pounds a share, whereas the shares were allegedly worth seven pounds. She asked, as one of the Northcliffe heirs, that this sale be now set aside, a step which would unbalance the whole newspaper structure of England...
...tallest hotel in the world, the Book-Cadillac. The world's tallest structures include : Stories Feet Eiffel Tower 1000 Woolworth Bldg., N. Y. C 50 792 Metropolitan Life, N. Y. C 50 700 Singer Bldg., N. Y. C 41 612 Municipal Bldg., N. Y. C 24 580 Bankers Trust, (tallest bank) N. Y. C 39 539 Pure Oil Bldg., (formely "Jewelers Chicago Bldg.") Chicago 40 523 Straus Bldg., 32 475 Chicago Tribune Bldg 36 462 Wrigley Bldg., Chicago...
...Middle Ages the forestaller, who piled up a lot of goods in order to force high prices from consumers, was liable to get his ears chopped off. Modern monopolies are forestallers incorporated, and are punished, within a particular nation, through anti-trust laws. But no laws yet exist against monopolies (forestallings) in international trade. Brazil controls coffee, Russia platinum, Chile saltpetre, Germany and France potash, Great Britain tin and rubber...