Word: two
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Dates: during 1920-1929
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...everyone knows, Western Union and Postal Telegraph (I.T.& T. subsidiary) are the two giants in the field. As President of the super-giant Western Union, Newcomb Carlton took up R.C.A.'s gage. Unimpressed by the wireless threat, he snapped: "The Radio Corporation has nothing we now wish to use, and if we ever need anything they have, we can get it from other sources. For the time being, at least, we will view the disposal of the Radio Corporation as an interesting scientific development...
...Two radio rivals to the newborn company have already appeared. Earliest of all in the field was Universal Wireless Communications Co, of Buffalo, which obtained late last year (TIME, Jan. 7) from the Federal Radio Commission a generous helping of wave lengths. This is still a dark horse; no steps have been taken to establish its proposed radio network between no U.S. cities. Postal Telegraph itself is the other rival: it has also applied to the Commission for domestic wave lengths. If radiotelephonic hookups, now a possibility, become a reality, the remaining great communications company, American Telephone & Telegraph Co., will...
Apart from telegraphy, Newcomb Carlton has two hobbies. As the largest employer of boys in the world (15,000 youths in forest green deliver telegrams for Western Union), he is interested in boys. Ship models, his other hobby, overflow his summer home at Wood's Hole, Mass. His only son, Winslow Carlton, is a Senior at Harvard. Since 1914 Mr. Carlton has been President of Western Union. Recently The Daily Princetonian pulled a publicity stunt. It telegraphed many a prominent man asking: If you had only 24 more hours to live, what would you do with the time? Prepaid...
...keep, not a suit, but a job. He is president of Loft, Inc., candy chain which for more than 50 years has been a Loft property. Now a group of stockholders is attempting to oust the Loft family (Mr. Loft Sr. is cruising in the Mediterranean) and elect as two of the eleven directors Mr. Otis Emerson Dunham, president of Page & Shaw, Inc., and Mr. Edward T. Williams, vice president of Page & Shaw. At a stockholders' meeting last week (reminiscent of the late Rockefeller-Stewart and Childs-Barber controversies) the Page & Shaw interests rounded up an apparent majority...
Another example of two birds of different banking feather flocking together was furnished by last week's merging of Central Union Trust and Hanover National. Central Union handles more than a billion dollars in its' personal trust department, aside from its corporate trusts. Hanover National has been known as a "bankers' bank," being depository and correspondent for many an out-of-town institution. President of the merged institution (which will probably be called Central-Hanover) will be George Willets Davison,† Central Union president. Chairman of the Board will be William Woodward, Hanover president. Central-Hanover will...