Word: boylan
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Dates: during 1930-1939
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...Republican Washington Post): "A terrain world famous for its beauty would become a replica of a western mining camp. A decade would scarcely suffice to restore its present charm." Back of the battle over Washington's Tidal Basin stands the amiable, aging figure of John Joseph Boylan. Tammanyite, for 15 years the U. S. Representative of New York's 15th Congressional District. Congressman Boylan's lifelong hero has been Thomas Jefferson of Virginia, founder, among other things, of the Democratic Party...
Signing of the measure last week passed unnoticed by the commodity markets affected. Indeed, cotton went above 12? per Ib. for the first time since last January; wheat closed the week with a 6? gain at 94? per bu. President Robert P. Boylan of the Chicago Board of Trade diplomatically announced: "Directors of the Board of Trade have no reason to anticipate other than a fair and reasonable administration...
...smash came. Shrewd Emanuel Rosenbaum had timed his movements skillfully. He knew the Board of Trade must sooner or later carry out its rules which call for suspension of any member unable to meet his obligations. When President Boylan of the Board of Trade summoned the Board's directors to a secret meeting, they found Mr. Rosenbaum one jump ahead of them. He had secured an injunction to restrain the Board from suspending his company on the grounds that suspension would force a reckless liquidation of the company's holdings, knock the bottom out of the grain market...
...with the banks, who had most of Manny Rosenbaum's spot grain as collateral, the Board of Trade Clearing House selected a group of independent brokers (whose names were kept secret) to close out the Rosenbaum open contracts privately. Within a half hour after the market opened. President Boylan proudly announced that the job had been done. The liquidation was accomplished with a net loss for the day of only 1? in the price of wheat...
...grain trade sympathized, quick to believe that the Administration's timing of the Cutten case was simply blatant propaganda in behalf of the bill to regulate commodity exchanges, now in the deep shadow of the Stock Exchange Bill. Testifying before a House Committee, Vice President Robert P. Boylan of the Chicago Board of Trade remarked: "I am not defending Mr. Cutten or his actions, but the publicity . . . given his case while we are here opposing commodity market regulation legislation is unfair. The supposed acts . . . took place in 1930 and 1931. . . . The complaint is based on information which...