Word: fairless
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...profit to $36,200,000 v. $32,100,000. But this was due chiefly to a difference of opinion on how much the retroactive wage increase to workers would cost. Beth Steel's Grace tucked away $6,500,000 for the wage reserve, while Big Steel's Fairless put away...
...could say whether Shipbuilder Henry J. Kaiser was doing more than Planebuilder Donald Douglas or G.M.'s Charles E. Wilson or Big Steel's Ben Fairless. All together, they had sweated and strained to get war production to its peak and keep it there. The production lines spewed out so many tanks, planes and materiel of all kinds that, by midyear, the problem was considered no longer one of production but of cutbacks...
...influenced was U.S. Steel's Myron C. Taylor, in 1933. U.S. Steel was rich, fat, sprawling and unwieldy. Taylor had three ambitions : to tighten its management, to increase its popularity with the public and to step out. He chose a triumvirate of youngsters to succeed him: Ben Fairless to handle sales and operations; Enders M. Voorhees to oversee finances; and Ed Stettinius to be "front man." Ed began as vice chairman of the finance committee in 1934; by 1938, at the bright young age of 37, he followed Taylor as chairman of the board of giant U.S. Steel...
Married. Benjamin Franklin Fairless, 54, kinetic president of U.S. Steel, son of an Ohio miner ; and Hazel Hatfield Sproul, 44, daughter of West Virginia's onetime Governor Henry Hatfield, descendant of the feuding Hatfields (v. McCoys) , mother-in-law of President Fairless' son, Navy Lieut. Elaine Fairless ; both for the second time; in Huntington, W. Va. Lieut. and Mrs. Fairless attended the bridal couple...
...Market. The Fairless-Gunnison team anticipates big postwar sales. The Twentieth Century Fund estimates that the U.S. will need an annual 1,236,000 new homes for ten years after the war. Abroad, enthusiasts declare that prefabrication will be the only answer to the vast problem of replacing war-shattered homes. Winston Churchill has said that Britain will need a half-million prefabricated homes immediately on war's end. At present, the entire U.S. productive capacity is only 30,000 houses a year...