Word: boarded
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Dates: during 1920-1929
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Salary. Secretary of Agriculture Hyde had suggested that the salary of the chairman of the proposed Federal Farm Board be left to the President to fix, on the ground that he could thus obtain the services of a "high-powered" man who could be induced to take this job without financial sacrifice. The House bill authorized presidential leeway. So did the Senate bill until last week, when the Senate, a suspicious body, voted 46 to 32 to hold the board chairman's salary down to $12,000. Alarmed Senators claimed the President should not have such power, warned that...
...points were: 1) The farm bill, with its board and its money, will put the Government farther into business than ever before "if it means what it says"; 2) It implies "price-fixing . . . barter and sale, buying and borrowing" by the U. S.; 3) To accept the bill's generalities and gag at its only concrete feature-the Debenture Plan-was "nonsense...
Calvin Coolidge, a director of New York Life Insurance Co., started from his Northampton home last week to attend a board meeting in Manhattan. In the Northampton station he sat?and sat. No train came. Director Coolidge eyed his watch, sat some more, in silence. After a half-hour, a station employé asked him what he was waiting for. Together they discovered that Director Coolidge had mistaken standard for daylight saving time. ... In Manhattan, Director Coolidge did not attend a performance of The Little Show, new revue. But a portly gentlewoman with a large handbag did attend, in an aisle...
...been earned, Samuel Unger leider & Co. will receive 20% of net profits, but only if the payment of such 20% does not reduce the corporation's profit below the 8% figure. Furthermore, Mr. Unger leider himself is the only member of Samuel Ungerleider & Co. who is on the board of Ungerleider Financial Corp. Thus precautions have been taken against the common accusation that an investment trust may well be profitable to its management, not profitable to its investors...
Loans to Brokers. Since the spring of 1928, the Federal Reserve Board has been to reduce loans to brokers. These were last week about $1,500,000,000 than when the drive upon them Thus the drive obviously was fail Furthermore it was from the begin a lost cause. For almost the entire in loans to brokers came not from Manhattan banks, not from out-of-town but from private corporations. And, although the Federal Reserve could partially control the loans from banks, it could not at all control the loans from corporations. For the loans from corporations were...