Word: yaleman
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...fraud indictment in U. S. history. Smartest of the three Yalemen was Wallace G. Garland, Class of 1925 (Sheffield). Member of a solid Pittsburgh family, he was not a conspicuous undergraduate except as a brilliant student. Even Professor Irving Fisher liked his original notions on business and economics. But Yaleman Garland's notions were far more original than Professor Fisher ever suspected. While still an undergraduate, Yaleman Garland heard about a signal device invented by a "Sheff" engineering professor named Henry A. Haugh. Now widely used, the device automatically changed the traffic lights at highway intersections when cars approached...
Before Automatic Signal had sold a single light, Yaleman Garland decided to give his heretical business theories a thorough workout. At a pen's stroke he wrote up the value of the patent to a flat $1,000,000. Then he transferred the patent to a new concern of his own, granting the original operating company a manufacturing license, carried on their books at $3,250,000. Affiliates, dummies, acceptance companies, holding companies, securities companies began to sprout like weeds. And the patent was given another boost, this time...
That was too heretical for even old Professor Fisher, who is a stanch advocate of the commodity ("rubber") dollar. To please his patron, Yaleman Garland revalued the patent at $5,000,000. Automatic Signal prospered modestly, is still a going concern. Still board chairman is spare, white-goateed Professor Irving Fisher. Yaleman Garland withdrew into the mysteries of his 30 new corporations...
...land boom, two hurricanes, a plague of Mediterranean fruit flies and a Depression laid Florida low. A Brooklyn-born Yaleman has done what he could to hoist it to its feet. Jolly, plump Dave Sholtz went to Florida at 22 to study law. Becoming an Elk, a Shriner, a Rotarian and president of the Florida Chamber of Commerce, he learned to spout the booster's creed. When Florida elected him Governor in 1932 he proved his loyalty by routing official drones, paring expenses, making the State's financial outlook the most hopeful in seven years...
Georgia fancies itself something of a Southern Yale. Its first president was a Yaleman, Abraham Baldwin, who arrived from New Haven with blueprints of Yale's Connecticut Hall, used them to build Georgia's Franklin Hall. Aping Yale, Georgia took a bulldog as its mascot. When Georgia had a new stadium to dedicate in 1929 Yale graciously sent its football team, which Georgia trounced...