Word: rubbering
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...dies and is buried near the clubhouse. A boy named Bitts gets his father to buy the lot on which the clubhouse stands but Penrod's father buys it back again. The clubhouse is a cozy shanty, ornamented outside by a piece of tin, a portion of rubber-hose, furnished inside with barrels of paint, old packing boxes, a tin-gavel and a periscope made out of a broken mirror. Most enthusiastic members are two small blackamoors, Herman Washington (James Robinson) and Verman Washington (Robert Dandridge), who are so young & ignorant that they are unable to read the club...
...Henry Ford; at Lewiston, Me. Mr. Ford, entranced by Mr. Dunham's rendition of "Turkey in the Straw" & "Boston Fancy," took him to Detroit for one of his old-fashioned parties. A vaudeville tour afterward did not go to his head. Playing on Broadway, he still wore mackinaw, rubber shoes, woolen shirt. In his own district, where there were lots of fiddlers, he was famed for his snowshoes. His proudest boast was that he equipped Rear-Admiral Robert Edwin Peary for snowshoeing to the North Pole...
Steel, Copper, Rubber, Motors. Thus the greatest argument in U. S. business for the past year was settled. Many a potent industrialist is still against reductions, including President Walter Sherman Gifford of American Telephone & Telegraph who carries great weight on the U. S. Steel directorate. But with Steel taking the lead, other companies rushed to follow. Bethlehem Steel Corp. and Youngstown Sheet & Tube followed suit so precipitously as to suggest that they had settled the argument long ago, were merely awaiting a strong lead to follow. As more and more steel companies were added to the list, absences became conspicuous...
Companies in other industries jumped to take advantage of Steel's movement. General Motors Corp. knocked 10%-20% off the salaries of its 25,000 white-collar men. United States Rubber adopted a five-day week as its normal schedule -first step of its kind to be taken by a big U. S. corporation. U. S. Rubber salaries were reduced 1/11 in adjustment to the new schedule. Aluminum Co. of America, controlled by the Mellons, announced a 10% wage...
...greater part of the book deals with what Mr. Flynn thinks are corporate practices. Such famed cases are cited as the Chicago, Milwaukee & St. Paul Railroad scandals of 1925, the St. Louis & San Francisco revelations of 1913, the Good year Tire & Rubber reorganization in 1921. Modern examples are the Bethlehem bonus system, the Loft, Inc. management troubles in 1930, the Bank of United States failure and the fall of Banker Rogers Caldwell. Cyrus Stephen Eaton's recently shaken corporate pyra mid is also discussed adversely...