Word: inded
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Five years ago smart, eccentric Irving Salomon, president of Michigan City, Ind.'s Royal Metal Manufacturing Co., looked at his annual business (manufacturing chrome-plated metal tubular furniture) and found it about right: $100,000 profit on $1,500,000 gross. He decided to hold it right there, to take no business over that amount, never to be lured into the risks and discomforts of expansion. Through Depression II there were no layoffs at his $580,000 plant. And every year since 1934 Royal's net has just topped...
...director, whelped by the Pullman works and christened Penguin I, it bumbled through the streets on a test run, got stuck under a viaduct. Extricated, it waddled off two days later for Boston at a speed of 10 m.p.h., sometimes less, paused to nose a truck in Columbia City, Ind., slithered off the highway into Mrs. Cleo Watkin's cow pasture near Gomer, Ohio, and came to rest with its nose in a drainage ditch (TIME...
Under the lights in a South Bend, Ind. courtroom one night last week sat 17 respectable business men, numb with the same chill apprehension that narrows the eyes of every accused man when his trial jury announces it is ready with its verdict. Hulking in their midst was bluff, red-faced President William S. Knudsen of General Motors Corp., nearby the slim figure of G. M. C.'s millionaire Board Chairman Alfred P. Sloan Jr. In the defendants' sanctuary around them sat 15 others: President John J. Schumann Jr., of General Motors Acceptance Corp., three of his vice...
Morris B. Blumberg ocC, Terre Haute, Ind...
...wheels (each has a separate motor) would turn at the same speed. Finally it started out for Boston, whence the Byrd expedition is to sail, with Dr. Thomas C. Poulter, veteran Byrdman, at the controls. Dr. Poulter perforce learned to drive as he went along. At Columbia City, Ind., he had a slight collision with a truck, but continued. Near Lima, Ohio, aiming for a bridge across a drainage ditch, the cruiser slithered off the roadway, sprawled across the ditch like a stricken turtle, its blunt snout ignominiously under water. A woman hitch-hiker who had been perched...