Word: class
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Dates: during 1930-1939
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Seaman first class...
Rich Man, Poor Girl (Metro-Goldwyn-Mayer) plays patiently with the notion that the really oppressed people in the U. S. are the Great Middle Class-of which, says Lew Ayres, crossing his heart, there are 90,000,000 members. This social philosophy is complicated by the most thoroughly tiresome Cinderella romance of the summer season...
...intervening eleven months, 25-year-old Henry Armstrong had snatched the featherweight (126 Ib.) championship away from Petey Sarron (by a knockout), then, jumping right over the lightweight class, had punched the welterweight (147 Ib.) crown off Barney Ross's head. The first pugilist to hold both the featherweight and the welterweight titles at the same time, ambitious Henry Armstrong last week went back to get Lou Ambers' lightweight (135 Ib.) crown...
...them afloat again, the Maritime Commission will make a loan of $1,500,000, and get an RFC loan of $2,500,000 for working capital, grant a five-year operating subsidy of some $3,000,000 a year. To the Commission goes all the line's Class B stock (2,100,000 shares), almost half of its 252,000 shares of Class A stock. Six months after the transfer, the Commission will abandon the Dollar name, and the familiar dollar-sign insignia will disappear for good from the high seas...
First reorganization of a major Class I carrier approved by ICC, this pro-bondholder plan is a far cry from most of those adopted before 1933's amendments to the Federal Bankruptcy Act. Formerly, the practice was for underwriters to get a friendly creditor to bring suit in a friendly court, thus in effect pick their own receiver-who generally favored stockholders over bondholders; often railroads were in as bad shape after reorganization as before. Under Section 77, ICC can insist on its own reorganization terms or rewrite plans originally submitted. ICC accepted almost wholly the trustee...