Word: blocking
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Dates: during 1930-1939
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Adolf Hitler's electioneering bark that when he became Dictator "Heads will roll in the sand!" ended factually in the sharp-bitten order of Sub-Dictator Hermann Wilhelm Goring to revive the medieval headsman's axe and chopping block in executing criminals duly condemned by Prussian courts to Death (TIME, Aug. 14). Last week three heads rolled off bloody blocks in the courtyards of Berlin prisons and a prominent Nazi official furnished correspondents with beheading facts...
...automobiles. Earlier in the week the President had warned that he wanted to sign the bituminous coal code before he left Washington. Later he relented. The 29 coal groups, each advocating its own code, could not agree, were given a few more days to reconcile their differences. Stumbling block to the auto mobile code was Henry Ford's refusal to approve the plans drafted by other manufacturers. Mentioning no names General Johnson thundered at the assembled auto mobile men: "Certain it is that in the administration of this law ... no exception can be made in favor of any manufacturer...
...started in as a circulation hustler for Hearst's Chicago papers. From Chicago he moved to Milwaukee and started a newspaper distributing agency which he still owns. Arthur Brisbane went to Milwaukee, bought the Milwaukee Sentinel (later taken over by Hearst who in 1929 sold it to Paul Block) and made Moe editor & publisher. Afterwards Hearst took Moe to New York. There in 1921 Moe got into partnership with a pair of gentlemen named Joe Bannon and Hugh Murray. Aware of the huge public that follows horse-racing and of the money that flows freely through that public...
...steepest losses were in Goldman, Sachs Trading Corp., that fabulous creation of Waddill Catchings, loudest prophet of the New Era. Nathan S. Jonas, ousted head of Manhattan's Manufacturers Trust Co. and Eddie Cantor's friend, neighbor and financial mentor, persuaded him to buy a huge block of Goldman, Sachs and put it away. For the next three years Funnyman Cantor devoted his life to making the mere mention of Goldman, Sachs a sure-fire gag from Broadway to Hollywood.* But the more fun Eddie Cantor had with Goldman. Sachs the madder he got. Finally last year...
...bond fences was James A. Connolly of Minneapolis who did business as an over-the-counter broker, was listed in the Security Dealers of North America redbook. Though he operated chiefly in the Midwest, his favorite trick was to wire a Manhattan broker for a bid on a block of bonds. Whatever was bid he promptly accepted, then mailed the bonds draft attached to a Manhattan bank, received his money long before the broker sniffed a rat. In New York State a seller of hot goods has virtually the same legal status as a thief. But in Minnesota and many...