Word: curbs
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Dates: during 1930-1939
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...employment of economic pressure of curb conflict between nations presupposes prior agreement by all states concerning new rules of neutrality. A single country, even then, is in no position to set itself up as a judge of the action of another nation...
...Citroën's bankers used to be the famed house of Lazard Freres. Early in Depression, which to France came late. Lazard Freres tried to curb its client's exuberance, urged him to retrench. M. Citroën's reply was to buy up what little stock he needed for absolute control, preparatory to riding out Depression in solitary splendor. Lazard made haste to dispose of its minority interest...
...already approved Federal Rail Coordinator Eastman's "suggestion" that railroad presidents fix their income at $60,000 or less. Then, on orders from the Senate, the Federal Trade Commission sent a questionnaire to some 2,000 corporations whose stock is listed on the New York Stock and Curb Exchanges. Resultant information: executive salaries...
Hard on the heels of the Big Board in trying to build up a businessman's counterattack against the Exchange Bill was the New York Curb, second largest exchange in the U. S. Able young President E. Burd Grubb, elected only last week, lost no time in emulating President Whitney's methods. President Michael J. O'Brien of the Chicago Stock Exchange, third largest in the U. S., did the same thing.* To businessmen throughout the land who thought that the proposed legislation was no concern of theirs, lawyers, brokers, bankers and dealers preached the same simple...
...view the margin requirements as excessive. . . . I believe the stock business is in need of much reform. . . . I wish to see wild speculation barred forever." The Tribune duly recorded these views along with objections by other Chicagoans. The Chicago Evening American headlined: HEAD OF STOCK EXCHANGE FOR FEDERAL CURB. Not until next day did the Tribune learn that it had quoted the wrong Michael J. O'Brien...