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...interests of another famed Clevelander, William G. Mather, whose Cleveland Cliffs Iron Co. joined the large group of "Eaton interests." Oldest mining company in the Lake Superior region. Cleveland Cliffs Iron Co. iron ore properties ranked with the richest in the country. Its subsidiary properties include a railroad, a fleet of 24 ships, a power company, bituminous coal deposits, and several hundred thousand acres of timber lands. Thus Broker Eaton's various steel companies were assured of ample raw material, and Cleveland's Steel Eatons and Iron Mathers were well and profitably linked...

Author: /time Magazine | Title: Business & Finance: One Big Union | 5/13/1929 | See Source »

...Emperor of Japan, the Shah of Persia and the kings of Afghanistan, Egypt, Sweden and Spain all own Rolls-Royces, as do most prominent Indian Maharajas. After trying out a fleet of Packards on the awful roads and cobblestoned streets of Jugoslavia, King Alexander has just ordered two more. Tsar Boris of Bulgaria drives a German Mercedes...

Author: /time Magazine | Title: GREAT BRITAIN: Royal Motors | 5/6/1929 | See Source »

...stock arguments of the advocates of a big U. S. navy is the damage that would be done to U. S. industry if a hostile fleet should reduce the Manhattan skyline to a horizontal position. Statistics indicating somewhat the size of this damage were last week released by the Manhattan Merchants' Association, Quoting from the 1927 Federal Census of Manufacturers, the Merchants' Association stated that in 1927 factories in New York City produced 9% of the total U. S. 1927 output. New York factories turned out nearly six billion dollars' worth of merchandise. Production of the entire...

Author: /time Magazine | Title: Business & Finance: N. Y. v. G. E. | 5/6/1929 | See Source »

...Early one morning last week this vane stood very still. It was a fine calm morning, but the Hudson River at Albany was not calm. By the pier of the Albany Yacht Club, the river's grey-green surface had been transformed into dirty, bubbly whipped cream. A fleet of 133 little launches, each with an outboard motor attached, was milling about, racing its engines, darting hither and yon like a swarm of noisy water beetles. Finally Commodore William B. Eldridge appeared on the balcony of the Yacht Club building. The boats lined up under the railroad bridge...

Author: /time Magazine | Title: Sport: Outboard Race | 4/29/1929 | See Source »

...relaxing from problems of speedboat design, he invented and perfected the hydraulic hoist truck which made him a millionaire and gave him the money and the time to indulge his hobby. Gar Wood now has an income of perhaps $1,000,000 a year, four homes, a fleet of cars, a 15-passenger airplane, a wife and a ten-year-old son. But his is a lonely hobby; Gar Wood is as unbeatable on the water as the Etonian Segrave is on land. He longs for competition...

Author: /time Magazine | Title: Sport: Flash | 4/8/1929 | See Source »

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