Word: controlled
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Dates: during 1930-1939
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...When U. S. Army & Navy officers talk shop nowadays, they chatter less about Roosevelt Rearmament than about a recent, historic shift from professional to civilian control of military affairs (TIME, Dec. 19). From Commander in Chief Franklin Roosevelt down, civilian authorities now are telling the admirals and generals what to do, sometimes are even telling them...
...Cadiz and isolated cities, far less than the approximately 50,000 square miles the Government still holds. Yet by 1814 the "Loyalists" of 1812 (with the considerable help of the Duke of Wellington's British Army) had cleared Napoleon's Army out and were again in full control of the country...
...Marie Stopes, mother of two, for her famed Cardiff, Wales birth-control clinic, the Duke & Duchess of Windsor, father & mother of none, sent a ?20 ($100) check...
...Harrison Williams emerged from an Ohio bicycle factory to try his hand in Wall Street. In 1906 he helped splice a group of Midwest and Southern utilities into American Gas & Electric Co., six years later created another holding company, Central States Electric Corp. Central States presently got working control of North American Co., itself a utility holding company, whose total assets today are $900,000,000. By 1924 Mr. Williams held 96% of Central States' stock. By 1929 its shares had been split 60-for-1, the value of a single original share had risen from...
...hard-pressed Harrison Williams had sold nearly half his holdings for a mere $28,000,000. His remaining 51% control of Central States, through a bizarre series of other holding companies, gave him a net interest of 18.3% in North American. This is the sort of setup the Public Utility Holding Company ("death sentence") Act of 1935 was specifically designed to alter. Shrewd Harrison Williams was the first of the major utility tycoons to submit to its painful yoke, and North American registered with SEC in February 1937. By last fall when SEC finally forced the rest of the industry...