Word: southerners
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Dates: during 1940-1949
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Along University Avenue at the University of Southern California one afternoon last week, some 100 students huddled in the rain, waiting for the voice that would soon come through the loudspeaker. Inside Bovard Auditorium, 1,500 more waited in their seats. Finally, Professor Frank C. Baxter, dressed in a 20-year-old dark blue suit, mounted the podium and took his place behind a-lectern piled with books. As the murmuring and chattering stopped, the professor began to read...
...when the geologists examined rocks from Maryland more than 350 million years old, they found that their magnetism pointed in an entirely different direction. The south-seeking ends of the magnetic particles were pointing downward as the needles of "dip circle" compasses do in the southern hemisphere. The ancient Maryland rocks acted magnetically as if they had been formed nearer to the southern magnetic pole (in Antarctica) than to the northern one (in Canada...
...insurance, banking, theaters, construction, utilities, machinery-and master of all as well. Kurth's dozen-odd enterprises employ 3,250, indirectly support 50% of Lufkin's population. But the Kurth achievement that most East Texans boast about, and the one that is of prime importance to the Southern economy, is newsprint. Set up only nine years ago as the South's first newsprint producer, Kurth's $18 million Southland Paper Mills, Inc. last week was rolling out enough newsprint (132,718 tons last year) to supply some 70% of Southern newspapers, and was grossing $15 million...
...time he took over his father's lumber company and foundry in 1930, Kurth sought ways to make them bigger. Since his Lufkin Foundry & Machine Co. depended on outside companies for its castings, Kurth set up Texas Foundries, Inc. as his own supplier. It soon became the biggest Southern producer of malleable iron castings. The two companies now have combined sales of some $17.5 million a year...
Kurth's fondest dream was to convert Southern yellow pine, not good for finished building purposes, into newsprint. Not until the mid-'30s when a method of controlling the pitch content in pine pulp was discovered, was he convinced that it could be done. Then he had to spend five years convincing other Texans. After Kurth raised $2,689,684, including more than $400,000 from 25 newspapers, RFC lent him $3,425,000. He had hardly started to make newsprint when the war cut off his supply of chemically made pulp. With additional private loans and another...