Word: buts
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Dates: during 1930-1939
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In neutral Washington suggestions are pouring into the War and Navy Departments and to the Patent Office. The military and naval authorities are chary of discussing these whizzbangs, but the details of a patented idea naturally become public knowledge. Some U. S. war patents:
Thus ended the six-week trial of General Motors, accused of conspiring to restrain interstate commerce by forcing its dealers to specify that all the cars they sell on installments be financed through General Motors Acceptance Corp. The jury's strange verdict seemed to say that there had been...
According to Professor Raymond Moley, the New Deal mounted its economic horse and rode off in all directions about the time accordion-pumping Tommy Corcoran usurped the role of FDR enchanter previously played by guitar-plucking Will Woodin of American Car & Foundry. Woodin economy soon was forgotten, Woodin himself died...
There was soon some criticism of Banker Cummings. In his spare time he was Treasurer of the Democratic National Committee. Another full time job he held down (at $15,000) was as trustee of the bankrupt Chicago, Milwaukee, St. Paul & Pacific Railway. He was also a co-receiver for Chicago...
Last week from Government banksters in Washington came a cry that Continental Illinois is undercapitalized. Its common, which was increased by stock dividends as the preferred was retired in 1936-38, stands at $50,000,000 (its surplus is $20,000,000). This amounts not to the traditional 10% but...