Word: controller
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Dates: during 1930-1939
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...used by battleships as a protection from submarine torpedoes. When the leaves were put down, nothing would be in sight, all mechanism being underground. When vessels were sent through the Canal, the leaves could be raised in less than five minutes. Mechanical operation could be electrical with remote control. In fact, the leaves of the bascule-type bridge could be so camouflaged and with an imitation lock close by that I doubt very much whether the real lock could be located from the air. I suggested this to the Secretary of War, who referred it to the Chief...
First result was a belittled report that price control by decree was near (see p. 64), As President and as Commander-in-Chief of the armed forces, Franklin Roosevelt indeed had at hand a host of latent powers, all the broader because many are implied rather than specific. Some stem from the U. S. Constitution, some from statutes dating back to the 18th Century, many from laws passed for Woodrow Wilson before and during World War I and never repealed, others from New Deal laws. Last week Attorney General Frank Murphy and his Department of Justice attorneys were under...
...Take virtually absolute control of dealings in international exchange, and of domestic banking (a power originally granted to prevent "trading with the enemy...
...executive council. But no satisfactory compromise was forthcoming. To touch off a jurisdictional strike that might shut down Broadway's eleven shows, cripple night clubs and radio stations over the land, close Hollywood studios and possibly (through I. A. T. S. E.'s control of projectionists) every cinemansion in the U. S., only a suitable "incident" was lacking...
...emptory power to suspend dealings for ten days in any misbehaving security, to suspend all dealings on any U. S. exchange for 90 days upon proclamation by the President of an emergency. The Commodity Exchange Administration has control over grain futures markets, can set permissible limits beyond which no future can rise in a single day. And the President, in addition to his power to cut he dollar to 50% of its old gold-standard ralue (it is now 59%) has the power to regulate or prohibit all dealings in foreign exchange...