Word: broker
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...monthly book pages, frequent contributor to the New Republic, busy, boyish John Chamberlain reduces the august subject of The State to simple, street-corner terms. The state originated as a "strict racket"; it has progressed by becoming a "limited racket," i.e., a democracy. Government he sees as the broker between competing pressure groups, the New Deal government as a fair attempt to even up the competitors...
...stag" in the London market is a broker who subscribes for bonds not to fill orders on his books but believing he can resell them to laggards at a slightly higher price for small but quick profit. Sir John, by offering only 3% (some British loans in World War I paid 5%), had left the disgusted stags too thin a margin on which to operate. In City jargon the Chancellor was "trying it on the hard way," but when two top-hatted, scarlet-coated minions of the Bank of England swung its portals wide his confidence was justified. In went...
Sven Hedin had an attractive piece of goods to sell. Germany had everything to gain by peace: removal of the threat of a Northern Front, perhaps more help from a peaceful Russia, a resultant strengthening of prestige and power not only in the North as a peace broker, but in the Balkans, where the Allies are titular protectors as they were supposed to be in Scandinavia...
Author Harriman, son of Broker Oliver Harriman, prepped at St. Mark's, Southboro. Neither dolt nor safe-player himself, in 1930 he announced from a jury box that under no circumstances would he vote for conviction in a prohibition case. The unnamed school in this, his first novel, need not be St. Mark's. His Winter Term need not be compared to such first-rate treatment of adolescents as Gide's in The Counterfeiters. But it is intelligent, humorous, sympathetic, in spots if not in toto should ring chapel bells for former inmates of the hundreds...
...added to its present hoard of $2,600,000,000 in liquid gold and dollars. On Solicitor Gifford's first list were equities in plenty of profitable U. S. industries -Du Pont, Douglas Aircraft, American Tobacco, Santa Fe, Norfolk & Western, Colgate-Palmolive-Peet. Last week many a hungry broker hoped he would be tapped for help, get a fat commission in their sale. But who would be tapped, what commission would be paid, how rapidly the first block of equities would be sold, few in Wall Street knew, if any knew at all. Mr. Gifford was as hard...