Word: controllers
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Dates: during 1930-1939
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...appointment. But he, too, was sly. He explained that Indiana's McNutt should not be regarded more seriously as a candidate than any of a dozen other charming young men. What their friends in the "sticks" might try to do for them, said he, was beyond their control. Thus, for the moment, was Candidate McNutt relegated to the shadow of his superior, and the press thwacked one more time...
...Cleveland star had only started to shine. For the rest of the game he held the crowd spellbound with his masterful control, his baffling change of pace. Not until the ninth inning did a National Leaguer get another hit. And that one Feller swiftly brought to naught by striking out Cardinal Mize and Cub Hack and winning the ball game for the American League...
Meantime all plane makers heard heartening news. In 1922, when British Aeronautic Engineer Frederick Handley Page took out U. S. patents on his wing slot, a safety device to control spinning and stalling,* he demanded a fancy price for installation: about 5% of the plane's cost (as much as $25,000 for a DC-4). Too costly for most plane makers who hesitated to devise variants lest they infringe on British patents, wing slots were rarely used. Many a flier crashed who might otherwise have been saved...
Riding the competitive bidding wave today is red-faced Board Chairman Robert Ralph Young of Allegheny Corp., who has been in the middle of a hectic three-year fight to get control of Allegheny's railroad substructures, notably prosperous Chesapeake & Ohio R. R. Bob Young believes that at every turn Morgan interests blocked his way. One of his retaliations has been to get in the way of Morgan Stanley & Co. every time it goes after a railroad securities issue...
...announced he would simplify the structure of Bond & Share's National Power & Light. Meeting one of SEC's main objections (the needless ramifications of utility finance), he announced dissolution of National's "intermediate holding company," $332,000,000 Lehigh Power Securities. Henceforth, National will have direct control of Lehigh's Pennsylvania Power & Light Co., which supplies electricity to 700 Pennsylvania communities...