Word: controllers
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Dates: during 1920-1929
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...line south from Toledo through Ohio, we would have our northern arm (Toledo to Chicago) and our southern arm (to St. Louis) nicely connected with three splendid north-and-south railroads. In the East, we should have the Reading and the Jersey Central (25% of whose stock we control anyhow) and the Western Maryland (which we also already control but on account of which some persons are bringing anti-trust proceedings against us). We certainly have to have that Reading to give us secure access to New York. Remember that the New York Central and the Pennsylvania are twice...
Being a master in another Eastern preparatory school, I read with great interest your article on the unique new plan applied to The Hill School for determining the advisability of college for each boy. The Hill School is to be highly commended for devising a new method to control the present American passion for a liberal arts college degree, regardless of fitness...
Work Done. The Coolidge era has seen three great reductions in taxes, about five and a quarter billion dollars lopped off the public debt, the war debts refunded, adoption of the multilateral treaty renouncing war, the appropriation of 325 million dollars for Mississippi flood control, the 275-million dollar Federal buildings' program, the civil air program, the implanting of a tradition of economy in government...
...Bursum Spanish War pension bill he vetoed and by one vote his veto was sustained. A bill for government operation of Muscle Shoals he pocket-vetoed. By firm persuasion he saved the Treasury from "the most extortionate proposal . . . ever made upon the nation's revenues"- the flood control bill as originally conceived by Congress. This business also saved his party from a veto embarrassment that might well have been disastrous...
When interviewed by a CRIMSON reporter, Professor Cabot made the following statement: "It is wholly to the interest of the public that some private concern have a monopoly of electric power. This concern is not in a position to exercise its control to the injury of the public. Men who are working for their own profit have, by the very nature of things, more interest in their job than men working for the government." He believes that the power monopoly can and does benefit the people, and this he is confident he can prove this afternoon...