Word: controlled
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Dates: during 1930-1939
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...propose to create a Civilian Conservation Corps to be used in simple work, not interfering with normal employment, and confining itself to forestry, the prevention of soil erosion, flood control and similar projects...
...near public forest and park lands, CCC by 1938's end had planted 1,456,973,900 trees; put in 8,594,829 man-days at fire fighting & prevention; completed 102,004 miles of trails and roads; killed uncounted millions of prairie dogs, pocket gophers, jackrabbits, practiced "rodent control" on 30,774,000 infested acres; "re-vegetated" (grassed) 267,600 acres of grazing lands; built 41,960 bridges, 5,181 large dams, 3,612 towers and stations for fire lookouts, 68,990 miles of telephone line...
...remain neutral in the event of a major European war it would be necessary, according to a survey made some time ago by the National Economic and Social Planning Organization, to limit all trade to peace-time levels and abandon American shipping except for narrowly defined neutral zones. Rigid control of the credit and finance activities of the country would be essential; also, in order to keep our economic system from becoming geared to a war-time pitch, with the inflation this entails, it would be necessary to control industrial and agricultural production and to fix all prices. Even this...
Immediately above Chesapeake Corp. in the fantastic Van Sweringen pyramid was Alleghany Corp. Robert Young bought control of Alleghany (TIME, May 3, 1937) and proposed merging it with Chesapeake. His idea was that the owners of 667,539 shares of Alleghany preferred-including several potent friends of Guaranty Trust-should surrender their stock and their right to accumulated dividends of $33 per share in exchange for a new type of preferred and common-stock warrants. This plan was thwarted by Guaranty, which held Alleghany's 71% interest in Chesapeake as collateral for Alleghany bonds in technical default...
...Guaranty voting; 71% of the stock, 73% of the stockholders approved. When the burial is completed, Alleghany will be directly over the C. & O holding a 25% interest in that valuable property. Robert Young's group, meanwhile. remains the largest owner of Alleghany-but Guaranty will remain in control as long as Alleghany's bonds are in default...