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The Institute is a trailer to the late John Pierpont Morgan's decision that competing iron and steel manufacturers cease cut-throat competition. To gain ,that end he persuaded Judge Gary to create the U.S., Steel Corp. The judge fashioned an industrial juggernaut. But the wheels lacked a few...

Author: /time Magazine | Title: Business & Finance: Schwab Elected | 11/7/1927 | See Source »

Vice President Charles Cason of the Chemical National Bank of Manhattan was University of Virginia's businessman speaker last week. He waited for the restless students to quiet down, then said: "The real responsible leaders in Wall Street today are big men- men of brains, men of vision, men...

Author: /time Magazine | Title: Business: Honest Wall Street | 10/17/1927 | See Source »

The scenes of intense vividness are many. Not only is there a brutally distinct picture of the guillotine, but a first-hand description of being guillotined. At this point the author's imagination reaches its greatest height. The spirit aloofly observes the physical phenomena of the body just before it...

Author: By E. C. B., | Title: New Translations | 10/17/1927 | See Source »

International Mercantile Marine stockholders last week decided to exchange vain mementoes of a frustrated plan, for new shares that seemed to promise them actual dividends. The late J. P. Morgan organized I. M. M. 25 years ago, close to the time when he organized the U. S. Steel Corp. His...

Author: /time Magazine | Title: Business & Finance: I. M. M. Reorganization | 10/10/1927 | See Source »

Next day President Gaston Doumergue and Marshall Foch received two large Legion detachments. Then the Legion dined President Doumergue. They toasted the late President Wilson. President Doumergue arose and said: "I drink to a great citizen and a great statesman, President Coolidge." Following a speech, he turned abruptly to Commander...

Author: /time Magazine | Title: HEROES: In Paris | 10/3/1927 | See Source »

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