Word: broking
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Dates: during 1940-1949
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...became state auditor general, subsequently state treasurer. He had got into an oil business, which prospered. He went broke in the depression and had to settle some $428,000 in debts at 12½?; to 15? on the dollar-an unhappy episode which political opponents dig up regularly at election time...
Reuters Regrets. Pressed by London's overeager morning dailies, Reuters broke down and sent a bulletin that all eleven had been hanged. Most of Britain's morning press, including the mighty London Times and the Manchester Guardian, played up the news.* So did Moscow papers, which get Reuters service. (The two Russian reporters at the hangings, angry at their editors for playing the false Reuters bulletin, later refused to send the correct version.) But most newsmen kept an eye on Lowell Bennett of I.N.S., knowing that his agency had a deal with a foreign general...
...Over the Moon. That cotton broke the day after President Truman pulled the plug on controls (see NATIONAL AFFAIRS) was purely coincidental. But it was not so with other commodities. Meat repeated the same didoes as of last July...
...works as smoothly as a ball bearing in his new empire. (His office is in his apartment in Manhattan's swank St. Regis Hotel.) Things were not always thus. In 1929, as head of Chicago's Hartman Furniture & Carpet Co., he saw it go broke in the depression, learned that low prices alone were not enough to make people buy. In 1939 he teamed up with Ralph A. Bard (later Under Secretary of the Navy) to buy the shaky Wahl Co., which made Eversharp pens & pencils...
...Struck Out. In Detroit, Dwight Sutherland liked baseball broadcasts so much, objected so strongly to his wife's fondness for soap operas that he finally broke the radio over her head...