Word: centralization
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Dates: during 1930-1939
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...Coughlin-Lemke-O'Brien platform was a marvel of inclusive appeal to every crackpot and malcontent in the land. Briefly, it proposed to create a common-man's Utopia by legislative fiat. For Lemke-Coughlin inflationists there was to be a government central bank, with complete control of money and credit, which would issue new currency to retire all Government bonds, refinance all farm and home mortgages. For Townsendites, there was "assurance of reasonable and decent security for the aged." For Share-the-Wealthers, there was limitation of individual incomes and inheritances. For the benefit of anyone...
...important respect the British North America Act differs radically from the U. S. Constitution: it awards all un-delegated powers to the central government. Nonetheless, the "States' Rights" issue which has proved so mortal to Franklin Roosevelt's legislative program was one with which Canada's six Supreme Court Justices (the seventh lately died) found themselves primarily concerned as they waded through 500,000 words of testimony. On the basis of provincial rights 25% of the legislative foundation of Canada's New Deal went by the board. Score: two laws constitutional, one partly constitutional, two unconstitutional...
From dazzled Austrians, Yugoslavs, Greeks, Bulgars and Hungarians, through whose central banks Dr. Schacht had swept like a meteor last week, deigning to dine with premiers, having audience with King George of Greece, Tsar Boris of Bulgaria and accepting the Hungarian Cross of Merit, First Class, from the fingers of Regent Horthy, correspondents gleaned Schacht facts...
...Since the old banker died in 1931 at the age of 91 the Baker seats have been filled by George Fisher Baker Jr., now 58. As tight-lipped as his father, Banker Baker has offered no explanation for his recent resignations from the boards of General Electric, New York Central and Consolidated Gas Co. of New York. Nor was any explanation given last week when he left two other traditional Baker seats, U. S. Steel and Pullman. Reports were that Mr. Baker was in poor health. On his shoulders still rest directorships in General Motors Corp., Mutual Life Insurance...
...long (449 pages), rambling, historical novel, Sanfelice strikes a contemporary note in its exhaustive discussion of the ephemeral Republic of Naples, established after the revolution of 1799 and overthrown a few months later. Central figure of the novel is Luisa Sanfelice, 34-year-old daughter of impoverished nobles, unloved and unloving wife of a dissolute, treacherous aristocrat who has run through two fortunes, abandoned his children, left his wife in a state of dull, stupefied despair. At a ball given for Admiral Nelson on his return from the Battle of the Nile, Luisa meets Fernando Ferri, an ill-favored, impetuous...