Word: acted
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Dates: during 1930-1939
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...Museum's president, canny John Stogdell ("Stog") Stokes, had staged his act with great skill. With thousands of Philadelphians who had never been near his imposing yellow limestone building sweeping through the doors, now vas his moment to launch a drive he had long been planning: a campaign to raise $15,500,000 for his institution in the next ten years...
Federal Judge Julian William Mack last week rendered a decision which gave the Securities & Exchange Commission an important preliminary victory in its great test case against Electric Bond & Share (TIME, Nov. 23). Perverting nothing, he saved the registration provisions of the Public Utility Act of 1935 by declaring them constitutional regardless of the constitutionality of the act as a whole, ordered Bond & Share to register with SEC or be enjoined from interstate business. This restricted ruling was what SEC wanted and what Bond & Share, itching to get the whole act up before the Supreme Court, did not want...
Judge Mack found that, contrary to Bond & Share's argument, the provisions of the act which compel utility holding companies to register and file information with SEC could themselves "be given legal effect as a separate, workable act," that they were thus separable from the other provisions and had been so intended by Congress. On the question of their constitutionality he ruled that, as Congress has the power to regulate electricity and gas rates in interstate commerce, it can require, as an aid to that regulation, full information from the companies involved. Dismissing Bond & Share's cross bill...
...that the railroad-business is an old business. Railroad employes and employers are used to bargaining with each other. They understand and like each other. And since 1926, the year the Railway Labor Act was passed, it has been compulsory, if one side fails to answer the other on wage and work proposals within 30 days, to resort to the National Mediation Board...
...roads were learning how to make 50? do what $1 did before, they also learned that the days of their monopoly were over. Hard-headed and reactionary for the most part, the railroads were literally starved into teaching themselves the rudiments of modern merchandising. Some freight agents may still act as though business were a bore, some conductors may still regard passengers as trespassers, but by & large the roads are out to make friends as they never were before. Faster freight schedules, highly-publicized high-speed trains, 8,000 air-conditioned passenger cars, freight pick-up-&-delivery service...