Word: vauclain
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Dates: during 1930-1939
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...Works (railroad wheels and a wide assortment of industrial miscellany) and Baldwin-Southwark (capital goods from engines to nuts). In spite of all these, Baldwin would still be in deep Depression but for the accident of geography that established Baldwin on tidewater, and the shrewdness of former President Samuel Vauclain, who bought 61% of Midvale Co. in 1926. For well over half of Midvale's business-U. S. armament-does not swing with the ordinary cycles of depression, is bringing Baldwin Locomotive as close to the black as it can come when U. S. railroads are deep...
President Charles E. Brinley, who now fills the shoes of genial Patriarch Samuel Vauclain as head of Baldwin's management, may get Baldwin's break-even point down to its old $30,000,000 level (it was in the red last year on total business of $33,000,000). If he does, U. S. Naval expansion should soon increase Baldwin's non-locomotive business enough to put the company in the black. If Baldwin then got another $30,000,000 of locomotive business, and $5-10,000,000 of railroad accessory business, thanks to the Government...
...Philadelphia Council hearing, Mayor S. Davis Wilson asked Board Chairman Samuel Matthews Vauclain of the Municipal Gas Corporation to support his campaign to reduce Philadelphia's gas rate from 90? to 50 per 1,000 cubic ft. Replied wealthy Octogenarian Vauclain. also board chairman of Baldwin Locomotive Works: "Fifty-cent gas is no more possible than my going to Heaven when...
...speed of 60 m.p.h. on the new Vermont Central Railroad. Baldwin locomotives puffed through the Civil War, through the lusty era of Westward expansion, through the Spanish-American War until, during the World War, 300 per month were being produced. With Depression railroad orders fell off. Chairman Samuel M. Vauclain stoutly declared: "I have seen the grass, at times, grow six inches high in the Baldwin Locomotive works. It is not six inches high now. Therefore, why worry?" But the grass had a good chance to grow at the 590-acre Eddystone, Pa. plant in 1932 when Baldwin sold only...
...Irvington, N. J. sold 1,000 miles of railroad track, 15,000,000 crossties, more sleepers than Pullman Co., more locomotives than American Locomotive and Baldwin Locomotive combined. New York Central's President Williamson had written the company a letter of enthusiastic praise. Baldwin Locomotive's Chairman Vauclain had even allowed himself to be photographed with his grandchildren in front of one of the company's sleek shiny locomotives. Railroad engineers themselves had openly admitted that its rolling stock was the best in the field. The company was Lionel Corp., world's biggest maker...