Word: steeling
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...President Coolidge held a long conference with Charles M. Schwab, Chairman of the Board of Directors of the Bethlehem Steel Corp., which is complaining of the invasion by German steel of U. S. markets. Mr. Schwab said that the mills are running at more than 80% capacity, that the national steel production this year would go beyond 50,000,000 tons; but he declined to reveal any conversation on the subject of German steel. Next day, the Official Spokesman informed the press that the career of Mr. Schwab epitomized the opportunities of this Republic...
...President Coolidge in the Philippines (TIME, July 19 et seq.), known among Filipinos as "the Big White Friend of the Big White President," traveled last week 1,400 miles in and down anarchy-torn China while its War Lords desisted from their battles to let pass his all-steel, U. S. built "Blue Express...
...lake.* And their conclusions, announced last week, paralleled Dr. Millikan's: bombarding the earth from the surrounding universe are some hitherto unknown rays, of submicroscopic wavelength, which far surpass even the gamma rays of radium in their power to penetrate matter. They will pass through a block of steel three feet thick, through six feet of lead...
Andrew Carnegie, grasping for iron and steel monopoly made Frick his chief partner-in Carnegie Bros. That was in 1889. But theirs was no close friendship. Both were too individualistic. Eventually they quarreled, called each other names, separated, but this was after Frick, with the aid of some Carnegie men-Charles M. Schwab, William Ellis Corey and James Gayley-had smashed the bloody, massacring Homestead Strike of 1892. In the riots Anarchist Alexander Berkman shot Frick, stabbed him thrice...
Gambling was an aspect of Frick's adventuresomeness. He speculated in stocks and boldly used his inside, forehanded knowledge culled from directors' meetings in which he sat. At early meetings of U. S. Steel Corp. directors, Judge Gary, Methodist, often caught Frick matching $20 gold pieces with fellow directors-Henry H. Rogers, N. B. Ream, P. A. B. Widener. The Judge made them stop their games...