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This is the pattern of Morgan's work, consolidation to eliminate wasteful competition and then control to insure good management. The evils of the Morgan system are obvious, but unlike his predecessors, Allen merely presents the motives and lets his readers decide whether they are good or bad. His book contains material for both the muckraker and the Morgan-worshipper. It paves the way for a more scientific evaluation of this period than has been possible in the past...

Author: By Edward J. Sack, | Title: The Bookshelf | 4/12/1949 | See Source »

Until last week Richard H. Crowe might have served as the mold and pattern of the rising executive. He had risen, job by job, for 19 years with Manhattan's great National City Bank; at 40, he was the assistant manager of a branch on Broadway-a bulky, assured, well-dressed man whose manners, energy and way with elder bank officers stamped him plainly as bound for bigger things...

Author: /time Magazine | Title: NEW YORK: The Stranger | 4/11/1949 | See Source »

...concept of 'adjustive response' directs attention to the contributions made by a culture pattern to the preservation of the equilibrium of individuals." Kluckhohn asserted, adding that anthropological analysis has tended to lose sight of the human organism...

Author: NO WRITER ATTRIBUTED | Title: Kluckhohn Talks At Clinic Opening | 4/1/1949 | See Source »

...first Stratocruiser into commercial service on the San Francisco-Honolulu eight-hour run. Next month a second plane will probably start on the New York-Bermuda run; by fall, Trippe's $30 million fleet of 20 Stratocruisers will be deployed over Pan American's global route pattern, boosting the airline's carrying capacity a huge 40%. They will further shrink a world which aviation long ago, for better or worse, made small...

Author: /time Magazine | Title: AVIATION: Clipper Skipper | 3/28/1949 | See Source »

...thought that a strong bull market was just around the corner, but some expected an "intermediate" rise. Said Chicago's Dow Theorist Justin F. Barbour: "The market pattern . . . suggests that 1949 will prove to be a 'Down' year." Then he hedged his remarks. If the market does not break decisively through its low point of last November, he said, it will be a Dow signal that there may be "an important rise." In any case, "a normal bull market is unlikely . . . until all the basic industries are confronted with . . . competitive conditions...

Author: /time Magazine | Title: WALL STREET: Tell Me, Little Gypsy | 3/21/1949 | See Source »

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