Word: trusts
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Dates: during 1920-1929
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Attorney General Stone, in his first important act since taking office, instituted a suit of magnitude. He attacked a monster group-some 50 Standard Oil and other oil companies, charging restraint of trade under the Sherman Anti-Trust Act. He also asked for injunctions to stop alleged illegal procedure. The case was brought in regard to the "cracking" process for petroleum. In refining crude oil, gasoline is taken off by distillation. But on account of the great demand for gasoline, more of it is obtained by subjecting the residue of heavier oil to heat and pressure. Under this pressure, some...
...make themselves comfortable, they requested their wives to join them and settled down prepared to remain until next January if necessary. As the price of their return, they demanded guarantees from the Democratic State Committee (they refused to trust the Democratic Governor or Lieutenant Governor): 1) of their personal safety; 2) of the cessation of the Democratic filibuster; 3) of the Republicans being allowed to continue with the regular Senate business...
...success in penetrating the impenetrable, Mr. Marsh attributes largely to ability to win the friendship of the native chiefs. In this case he obtained their trust by getting President Porras of Panama to send them speedy aid during a smallpox epidemic from which they were perishing in helpless isolation...
...last issue of the Business Bulletin of the Cleveland Trust Co., of which he is Vice President, he reiterates his belief as to the basic character of the steel and iron industry and its tendency to increase or decrease in the general business conditions. Yet Col. Ayres does not look for any sudden recovery in the industry. As he points out, there are four great buyers of steel who absorb about two-thirds of its entire output: 1) the railroads, which buy about 25%; 2) the building industry, which takes about 15%; 3) the pipe and tank industry, using another...
...Scythia (Cunard)?Willis H. Booth, Vice President of the Guaranty Trust Co. of N. Y.; Elmer A. Sperry, Gyroscope President; Gerard Swope, President of the General Electric...