Word: steeling
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...Lake Placid, paradise of icemen, sport went forward last week, not with pick and tongs, but with long blades of polished steel. Francis Allen of Chicago (TIME, Feb. 16) slashed the glassy lake with his runners, defeated Charles Gorman of Canada, champion last season, 120 points to 80, was crowned amateur speed skating champion...
They build ships of steel nowadays; some of them approach 1,000 feet in length and 60,000 tons in displacement. But the little steamer Arcturus that slipped out of New York Harbor, last week, is built of wood, is less than 300 feet in length and not 2,500 tons in displacement. Yet she went forth on what promises to be a great voyage...
...score, though ardently it competed with the others. Contestants webbed their feet with snowshoes, raced a 150-yard snowshoe dash; they laced long runners to their feet and maneuvered before judges (ski proficiency test) ; they shot down a steep bank on skis and into the air from a great steel thank-you-ma'am. Other events were: fancy figure skating, 3-mile snow-shoe cross-country race...
...winter advances, the temptation becomes constantly stronger to predict the reaching of an ascertainable turning point in business expansion. Already signs, such as heavy pig iron and steel production, which usually accompany or only slightly precede the crest of business prosperity, are seen. There is a large school 'which adheres to the belief, consciously or not, that all "business cycles" are alike in duration as well as in general theory and phenomena. Hence some "financial services" are already bearish on the stock market and are becoming pessimistic over the business outlook also. No prophet can, of course, be entirely...
...five years ago, Charles R. Elint began his lifelong habit of forming mergers and combines. His sobriquet "father of the trusts" has been gained by the active part which he has played in the organization of 22 large corporations, including U. S. Rubber, American Woolen, American Chicle, Sloss-Sheffield Steel and Somerset Coal. Mr. Flint is now 75 years of age, but his favorite occupation still has such a hold upon him that he is now planning the largest project of his life?a $100,000,000 merger of soft-coal companies in West Virginia, involving about 75,000 acres...