Word: warded
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Dates: during 1920-1929
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...Pittsfield, Mass., it is proposed to buy a house built many years ago by Thomas Gold, whose granddaughter married Henry Wadsworth Longfellow, who lived and wrote there during several summers, and an adjoining house, built in 1820, in which Oliver Wendell Holmes, Henry Ward Beecher and Fanny Kemble were frequent guests. The town not only proposes to buy the houses but to raze them and erect a modern high school. One thousand members of indignant front families protested last week against the design, and the Rev. Dr. Paul Revere Frothingham, noted Unitarian divine, ejaculated: "I am horrified by the sacrilege...
Last week a lawyer scuttled into the office of Baltimore's tax commissioner a few minutes before closing hour and filed an application for a state charter to incorporate. He represented an organization wishing to call itself Ward Food Products Corporation, with ten million shares of no-par-value common stock and ten millions of preferred, which the directors reserved the right to buy in at $110. Potentially this capitalization was two billions, one of the largest in the world. The lawyer deposited a check for $40,700 in taxes and scuttled out as fast as he had come...
...business world snapped its attention Baltimorewards before the lawyer had fairly got back to his office. From the fact that William B. Ward was named president of the new corporation, it was evident that that famed 41-year-old baker was carrying out his long-rumored plan of merging the great bakeries of the country and controlling their factory brands of the national life-staff from sown seed to delivered loaf. U. S. housewives still bake 50% of the bread, cake and pastry that is eaten. Baker Ward would attend to much of the rest...
What was foreseen was the merging of the Ward Bakery Corporation, the General Bakery Corporation and the Continental Bakery Corporation, concerns owning 157 plants from coast to coast and producing 500 million loaves a year. In Washington, where the Federal Trade Commission has been eyeing the bread industry in response to congressional outcries, inquiry was reported "in abeyance," which meant that nothing damaging had been discovered to show a "bread trust." This combine's half billion loaves would constitute only some 10% of U. S. bread consumption, and no monopoly...
Hard-boiled Wall Streeters chomped their cigars and said, "Humph! Tryin' to gild his corporation." Friends of Baker Ward hotly denied. They reported a conversation. Baker Ward had been told he would get no backing from Wall Street for a corporation that might not pay common-stock dividends. "I need no Wall Street backing." Friends had deprecated the philanthropic clauses. "You men don't seem to understand that I have so much money I don't want any more. I want to give it away and do it in such a fashion that...