Word: control
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Dates: during 1930-1939
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While Senators were smacking the Administration's face with a negative (see p. 12), Representatives last week smacked it with a positive. Taking control of the Rules Committee right out of the hands of aged Chairman Sabath, they rammed through a new lease of life for the Committee to Investigate Un-American Activities, chairmanned by Texas' large, lucky Martin Dies, then whooped it through the House by a vote...
Inside this head-shaped ball, which cilmbs like some lazy bubble toward the surface, is compacted all the intricate machinery which labors to keep its actions under control. In a little cubicle reserved for him amid all this mechanism is the sole human occupant--Vag. There is room for only Vag there. He sits motionless at the single grilled window, staring out vacantly as he has done ever since The Descent early in January. His straight-focussed eyes gaze out through the crisscross grill which makes whatever he sees appear as if viewed through some huge bloodshot...
...gets off the public domain only by consent of private landowners. Its No. 1 private job: erosion control. The Corps shows community groups of farmers how to combat soil-wastage, has built 4,400,490 dams to check erosion. It also digs and maintains ditches for drainage districts organized by local governments and cooperatives. Today it looks to the 84,400,000 acres of U. S. farm land requiring drainage as one of its most useful future fields of operations...
...Supreme Court gave TVA a big inch in 1936, when it upheld TVA's right to sell the power generated by its flood-control activities at Wilson Dam (Muscle Shoals). Last week the Court handed down a 5-to-2 decision* that gave TVA a mile. Fourteen private power companies had appealed from a Federal court decision, which affirmed the constitutionality of TVA's entire power program and held that any loss they suffered from TVA competition was damnum absque injuria (loss without a legal comeback). In moderate Justice Roberts' decision, the Supreme Court dismissed the appeal...
...surprising since England has lately taken far-reaching steps to bolster her money. First such step came three weeks ago when the British Government transferred at one fell swoop ?350,000,000 in gold from the Bank of England to the British Exchange Equalisation Fund, whose purpose is to control the price of sterling in the world's markets. This left the Bank of England in the weakest position in seven years, with gold holdings of ?223,000,000. At the old parity price of 85s. per ounce, these holdings are valued by the Bank at only...