Word: blocking
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Dates: during 1930-1939
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...Hugenberg go last week he withdrew support from Germany's most pampered class-his closest friends and neighbors, the East Prussian Junkers (landed proprietors). The Junkers, sunk as a class in debt, have clung to their lands for years through special Government grants of credit and decrees to block foreclosure. Chancellor Hitler appointed as Minister of Agriculture a Nazi famed as "The Friend of the Small Farmer," Herr Walter Darré. As every Junker knows Herr Darré regards their class as a feudal excrescence on new Germany. Sermonlike, his pamphlets all have lengthy titles impressive to yokels, such...
...collateral and otherwise to obtain from U. S. investors $40,000,000, "largely for the purpose of building European chemical plants which compete with your company in the markets of the world." This charge depends upon a fact: that the late great British Sir Alfred Mond had a large block of Allied Chemical & Dye stock; and upon a theory: that he needed money to complete the great plants of Imperial Chemical Industries, Ltd. and could get it only by selling the stock to Solvay American Investment Corp. which bought it after raising the necessary capital...
...concerned no Bethlehem-Youngstown merger but it did deal with the scattered relics of Cyrus Eaton's industrial empire-big Republic with small ($34,000,000) Otis Steel and smallish ($54,000,000) Corrigan-McKinney Steel. Interest was added to this report by the fact that a block of 50,000 shares of Cliffs Corp. which controls Corrigan-McKinney was included in the collateral that Cyrus Eaton put up for a big loan from Chase National Bank in 1931. Chase auctioned off that collateral this week...
...figure out their own consolidation. The Nickel Plate was making money and in 1922 they had it buy and absorb two smaller roads: the Toledo, St. Louis & Western ("Clover Leaf") and the Lake Erie & Western. But the brothers had a more ambitious project; they wanted the Chesapeake & Ohio. A block of 73,000 shares, a minority but practically a controlling interest in the C. & O., was held by the Huntington family of Los Angeles. In 1923 they bought this at $100 a share (although the market price was only $70-$80 the value of such a large block made...
...COOLER. ... It announced plans for the Post's annual sponsorship of a pilgrimage to the Mount of the Holy Cross where religious services are held before a rocky peak on which late melting snows in two ravines form a gigantic white cross. . . . Post delivery trucks continued to block traffic on Champa Street. . . . Everything was as usual. There was nothing to remind the Post reader that notorious Publisher Frederick Gilmer Bonfils had been dead for four months (TIME, Feb. 13); nothing to indicate that instead of "Bon's" bushy grey head bowed over the massive desk in his office...