Word: baldwin
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Dates: during 1930-1939
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Free Lances v. Professionals. All these estimates of the quality of Europe's military machines are subject to debate. In the debate there are in general two sides. Free-lance authorities such as bulky, unruffled Major Eliot, earnest, deep-eyed Hanson Baldwin of the New York Times...
...whiz promotion scheme to needle circulation, Hearst's Cosmopolitan Magazine named one Isabel Caldwell McDougal of Greenwood, Miss., "Miss Cosmopolitan." Next issue Cosmopolite Faith Baldwin, one of the judges, twittered: "She hasn't an atom of classic beauty but she's as pretty as spring in the South. . . . She has a certain pixie charm hard to define. She reminds me a little of Helen Hayes...
...first Baldwin locomotive (third in the U. S.) was born by a Caesarean operation. In 1832, when ex-Philadelphia Jeweler Matthias W. Baldwin finished work on "Old Ironsides," his first born, he found it too big to go through the exit of his tiny shop. So, vowing he was through with locomotives, he cut a hole in the wall. But "Old Ironsides" surprised him, hit 28 miles an hour on the six-mile Philadelphia-Germantown run. That was fast enough to earn immortality as a locomotive pioneer. For Old Ironsides the end came in 1857 when a Vermont landslide mummified...
...years one unhandy thing about this Caesarean seemed to be the place where it occurred. Far more conveniently situated to serve mid-continent railroad customers are the inland industrial centres which sprang up in the following decades. But last week, Baldwin's 11,000 stockholders had reason to feel lucky that Matthias Baldwin set up shop on tidewater hard-by naval shipyards. They were shown their luck when Baldwin reported its unfilled orders...
Locomotive manufacturing is a feast or famine business and since depression hit the railroads after the 1929 crash it has been all famine. After four years of famine, Baldwin was so short of working capital that in 1935 it went into reorganization. But last week it had more than $30,000,000 worth of orders on the books, and things looked far rosier-but not for locomotives...