Word: steele
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Dates: during 1920-1929
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President Coolidge celebrated the close of his fifth year in office with a short railroad trip. It is only about a three-hour journey from Cedar Island lodge to a place called Hibbing in the Minnesota hinterland. Thither the President journeyed in a special train provided by U. S. Steel Corp., a train that had been examined and guarded with utmost care for 48 hours before its great passenger went aboard. Steel Corporation guards were posted at switches and trestles. Some 700 American Legion men were mobilized for guard duty at stations. No spectator was allowed to approach within...
...train with President Coolidge rode Pentecost Mitchell of Duluth, whose father organized the first mining company on the Mesaba. Mr. Mitchell, president of U. S. Steel Corp.'s potent subsidiary, Oliver Iron Mining Co., doubtless referred to the fact that a rich part of the Mesaba used to belong to the Federal-Government, before iron was discovered there. It was traded to the State of Minnesota and now is operated by U. S. Steel Corp. on a royalty basis. Township taxes on the mining properties have made Hibbing one of the richest communities in the land. The miners...
...flat round bows, slapping up the river mud with broad paddles set astern. The occasion was a race between the Betsy Ann and the Chris Greene, two packets plying the Ohio between Cincinnati and Pittsburgh. Captain Chris Greene of the Chris Greene had boasted that his vessel, a steel craft built in 1925, could beat the Betsy Ann "any time." This was nothing short of insulting to a little wooden ship who had made speed records 30 years ago on the Mississippi and who had a pair of gold-tipped elk horns to prove her an undefeated champion. The Betsy...
...Delaware and Hudson Co. (Leonor Fresnel Loree): $2,628,071 as against $2,429,024. Postum Co. (The Edward F. Button's): $7,426,630 as against $6,750,384. Canada Dry ("Champagne of Ginger Ales"): $1,449,191 as against $1,273,528. Bethlehem Steel Corp. (Charles M. Schwab, Eugene G. Grace): $7,914,046 as against $10,666,718. E. I. du Pont de Nemours Co. (smokeless powder, explosives, rayon, dyestuffs, paint, varnish, alcohol, pyralin, cinema film, ammonia, nitric acid and 23% of General Motors common stock) : $30,125,125 as against $21,436,642. Telautograph Corp...
Memorable, last week, was the sudden, unexpected burst of activity in the steel industry (see below...