Word: bane
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Dates: during 1930-1939
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...week, the lighter Cambridge crew paddled nonchalantly to their boathouse. It took Oxford's portly, tired oarsmen ten minutes to find strength enough to follow. Said G. M. Nickals, an Oxford Blue in the winning boat of 1923: "They reverted to all the faults which have been the bane of Oxford rowing for ten years...
...good. But what does the CRIMSON offer as a solution for the unfortunate state of affairs? The bane of the system, evidently, is the examination, "the blighting influence" of which "atrophies all attempts to introduce training beyond the strict limits of requirements." But apparently the comprehensive English examination as conducted under the so-called. New Plan affords "a reliable indication of success at college." Would it not be ample, the Harvard paper asks, for a university to require that each student take the scholastic aptitude test and the comprehensive English examination, and peruse the applicant's school record...
...file registration statements, since they were new companies (TIME, June 4). Armour, which intended merely to exchange new issues for old, was evidently exempt. On this assumption the Chicago Stock Exchange gingerly resumed trading in Armour but the Manhattan exchanges took no chances. They felt that while Mr. Bane had told them what not to do, he had in no sense said what they could...
...President Thomas George Lee of Armour & Co. Mr. Bane's oral ruling came as the final spasm in a year-long nightmare. Mr. Lee, who pulled profits out of Armour last year for the first time since 1930, tried to reorganize the packing company last summer but various stockholder groups blocked him at a rowdy meeting in August. Salaries next became the target for the protective committee's publicity. Months of wrangling over a new board revealed that Frederick Henry Prince, crusty septuagenarian banker of Boston, had become Armour's biggest individual stockholder. Last January another rowdy...
...would get new common, share for share, and each share of Class B would be exchanged for one-half a share of new common. By assigning the new common a par value of only $5, Mr. Lee would also create sufficient surplus to make his big write-down. Mr. Bane's ruling did not affect Mr. Lee's plans but it provided very bad publicity...