Word: accept
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Dates: during 1930-1939
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With virtually no bait remaining to induce businessmen to accept codes, and no force to compel them to do so, NRA now exists as a skeleton statistical organization whose chief job is to look up facts & figures to prove how good conditions were under the Blue Eagle, how bad after the Eagle fell to earth...
...generally tolerant. They are not offended by The New Republic, people who talk slowly, prognathous people, nervous people, gruff men. tobacco chewers, Bolshevists, dreamers, but they tend to dislike teetotalers, clergymen, cautious people. Much less neurotic than unhappy wives, they drive wholeheartedly to their own ends, seldom ask or accept advice. They like chess and inventors. They chafe at regimentation, avoid picnics and excursions but go to dances and formal parties, can have fun doing and seeing things alone. "[The divorced woman's] personality," the investigators conclude, "lacks the element of sweet femininity but commands respect for its rugged...
...revenues, now about $28,000,000, are not sufficient to meet fixed charges after paying all expenses. The bondholders will have to take at least a temporary cut in their coupon rate, and the preferred stockholders, who have had no return for four years, will probably be asked to accept a less preferred position in the capital structure. Knottiest question will be the treat-ment of the common stock, all owned by I. T. & T. The Brothers Behn not only issued more than 300,000 shares of I. T. & T. stock to Clarence Mackay & friends in payment for Postal...
Under I. T. & T. management Postal persuaded the telephone companies to handle its telegrams on the same basis as Western Union's: charged to the sender's telephone bill. It arranged with several Standard Oil companies to have filling stations accept messages. It developed its radio business, modernized transmission equipment, spruced up its messenger boys. It sought additional revenues in the distribution of bus. theatre and airline tickets...
Though the power contracts have not been officially disclaimed, Hydro served notice that it would not accept certain big blocks of power scheduled for delivery in the next few months. That meant that the Hepburn bluff-if bluff it was-was going to be played to the last card. Hydro's announcement, however, was made just a few days before a $15,000,000 Ontario loan went on sale. And in Toronto last week, when officials in the Parliament Buildings opened the box where bond tenders are dropped, not a bid was found at any price...