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...England Power Association, which controls a string of 50 gas and electric companies, he was designated spokesman for the industry when Governor Curley launched his drive against Massachusetts utility rates few weeks ago. Last week Utilitarian Comerford took over another big job when he was elected president of independent Edison Electric Illuminating Co. of Boston, New England's largest single operating electric utility. He will remain with New England Power Association as chairman of the board, will be succeeded as president by Carl S. Herrmann, treasurer of the Association since it was founded...

Author: /time Magazine | Title: Business & Finance: Personnel: Feb. 25, 1935 | 2/25/1935 | See Source »

...Union, home of a considerable proportion of the U. S. insurance business, birthplace of J. P. Morgan the Elder. There, where Secession was debated long before the South was tempted, old Yankee families grew rich and conservative in the manufacture of textiles, tools, machines. When Thomas Alva Edison devised a lamp which never needed filling, the gadget appealed to a good Hartfordian whose fortune had come from linen. With $20,000 capital Austin C. Dunham founded Hartford Electric Light...

Author: /time Magazine | Title: Business: Yankee Power | 2/11/1935 | See Source »

...years Samuel Finley Breese Morse never attended a National Inventors' Congress. Neither did Alexander Graham Bell, nor Thomas Alva Edison, nor Charles Proteus Steinmetz. Nevertheless hundreds of lesser inventors, any one of whom might become a Morse, a Bell or an Edison overnight, were assembled in Hollywood last week for the National Inventors' Congress. These were not the bigwigs of industrial and academic laboratories. They were the humble rank & file of U. S. idea men, indefatigable purveyors of small ingenuities, perpetual optimists who swell the total of U. S. patents to some 50,000 a year. For example...

Author: /time Magazine | Title: Science: Gadgeteers Gather | 1/21/1935 | See Source »

...appear before you as president of the Edison Electric Institute . . . representing a very large proportion of the electrical current generated in this country. I do not come in any spirit of antagonism, but I am filled with anxiety over the grave crisis which now confronts this industry, and in this state of mind I reflect the opinion of the many thousands of persons employed throughout the land by this industry . . . and by a multitude of investors who see the safety of their life savings in jeopardy...

Author: /time Magazine | Title: Business: Political Power | 12/31/1934 | See Source »

...from $58,700 to $64,600. President Edwin Madison Allen of Mathieson Alkali worked for $86,700 in both 1933 and 1934. Donald L. Brown of reorganized United Aircraft will be paid $45,000. Salaries substantially the same in both years included President Walter Cabot Baylies of Boston's Edison Electric Illuminating: $32,000; Vice President Theodore D. Crocker of Northern States Power: $17,000 (President Robert F. Pack received only $100 in director's fees); President Joseph A. Slattery of Philadelphia Brewing Co.: $24,000; Vice President Wiley F. Corl of San Jose Water Works: $32,000 (President...

Author: /time Magazine | Title: Business & Finance: Salaries | 12/24/1934 | See Source »

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