Word: crediteers
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Dates: during 1930-1939
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...estimated $2,000,000,000 to $4,000,000,000 worth of Anglo-French-owned U. S. securities from cracking the market, already depressed by widespread bearishness on domestic business prospects, obvious aids would be: 1) to relax margin requirements to protect investors; 2) to further ease credit through the Federal Reserve; 3) to put a floor under Exchange prices by setting a limit on each day's fluctuation, such as the Government now does in the wheat market. One precaution Administration leaders took last week was to prod Congress into extending until 1941 the President's powers...
Contending that ex-President Guth had used Loft assets, facilities, personnel and credit to build up Pepsi-Cola, Loft brought suit for the 237,500 shares (91%) of Pepsi-Cola stock held by Mr. Guth and his family holding company, Grace Co. When Delaware's Court of Chancery last year agreed with Loft, Pepsi-Cola was selling at $70 a share (it is now $130). Pepsi-Cola profits were $2,700,000 in the first nine months of 1938; Loft lost $867,000 in the same period...
...practice of planning a course of study for a student so as to include every snap course and every big-time tutoring course in the curriculum. It is almost literally true that men can get through Harvard without cracking a book or attending a lecture. It is ridiculous to credit them with an education when they have finally floated to the end of the mill...
...musical sense of humor. Listen to the album of records which Gramaphone Shop of New York has done (Brigg's and McKenna's have them) and not only is there some excellent piano, but some of the wildest satire you've ever heard. The man deserves great credit, not only for having overcome a handicap, but for being an accomplished piano player (his latest trick being to play concertos after having heard them once), and for having carried on with a musical tongue in the check where Gilbert and Sullivan left...
...Mayor's committee obtains a settlement favorable to Cambridge, much of the credit will go to McNamara; if Cambridge comes out on the short end, it is more than likely that McNamara will wage a prolonged anti-Harvard campaign, playing on resentment at the University's vast holdings which city tax-collectors cannot touch, as a stepping stone to the Mayor's office...