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Word: partnerized (lookup in dictionary) (lookup stats)
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...Coronation next May should be "commanded" (invited) to have audience of new King George in Buckingham Palace also arose last week. The late King George had no personal friends of U. S. nationality. As a rule, in the case of "Americans," he gave audience only to Morgan partners. In the last year of his reign, excepting U. S. diplomats on official missions, George V audienced just two "Americans," Morgan Partner Morgan and Morgan Partner Lamont. King Edward VIII, again excepting U. S. diplomats, accorded audience during his reign to no U. S. citizen- an amazing fact, revealing the grip which...

Author: /time Magazine | Title: GREAT BRITAIN: New King & Ham Toast | 12/28/1936 | See Source »

Spiciest bit was a memorandum found in the files of George F. Baker, Chairman of Manhattan's First National Bank, which Senator Wheeler read into the rec ord. It related a telephone conversation in March 1935 in which Harold Stanley, then a Morgan partner, told a vice president of the First National that "the Van Sweringens, heretofore having drawn no salaries from the enterprises and for some time having been living on their insurance, are up against it to provide for living expenses. They estimate their joint require ments to be $150,000 a year, the principal items being...

Author: /time Magazine | Title: Business & Finance: Ball & Chain | 12/28/1936 | See Source »

Before adjourning the hearings until after the turn of the year, Senator Wheeler summoned Morgan Partner George Whitney to explain a loan made to MOP by the big banking house at No. 23 Wall Street. At the time RFC was being organized, MOP needed $1,500,000 to tide it over an interest date, and the House of Morgan, already a large MOP creditor, furnished the money on condition that it would be repaid promptly from the road's RFC borrowings...

Author: /time Magazine | Title: Business & Finance: Ball & Chain | 12/28/1936 | See Source »

...Superior, a subsidiary called Cliffs Dow Chemical Co., in which the parent company has a 60% interest, makes charcoal, combustible gases and acids from wood. Near Wilmington, N. C., on the Atlantic Ocean, a big plant extracts bromine from the sea, manufactures ethylene dibromide for use in antiknock gasolines. Partner on a 50-50 basis in this venture is Ethyl Gasoline Corp., which uses the entire output of the seaside plant. For the last fiscal year Dow's profits from three year-old Ethyl-Dow Chemical Co. were...

Author: /time Magazine | Title: Business & Finance: Brine Business | 12/28/1936 | See Source »

Founder Dow went to Midland in 1890. With a partner he bought a brine well, put into practice the chemical theories he learned at the Case School of Applied Science in Cleveland. Since its formation in 1897 the growth and prestige of Dow Chemical Co. has been continuous. Long before the World War, Dr. Dow's company had produced results which showed that certain German chemical monopolies were by no means permanent. In 1930, the year of his death. Dr. Dow was awarded the distinguished Perkin Medal for his part in the creation of a national chemical industry...

Author: /time Magazine | Title: Business & Finance: Brine Business | 12/28/1936 | See Source »

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