Word: floor
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Dates: during 1930-1939
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...then Chief of Staff, detailing what was wrong with the army and what to do about it. Fresh out of the University of Virginia (where he was champion wrestler and orator) he hung out his law shingle at Clarksburg, W. Va., in 1912. By 1917, he was Democratic floor leader of the State's House of Delegates, and was thinking of running for Governor. Back from the War, he went into partnership with seasoned Philip P. Steptoe of Clarksburg, soon was earning $40,000 a year or better in corporate practice. As the money rolled in, he began...
Housed in the new Interior Building's seventh-floor penthouse, the studio is planned for the launching of new ideas in Government broadcasting. The idea man is Shannon Allen, acting radio section director of the Interior Department's Division of Information. A onetime NBC production man, he has the job of coordinating broadcasting activities of all Interior Department bureaus, furnishing radioactive bureau heads with the professional touch. For the dry statistical reports that are now the rule, Director Allen hopes to substitute dramatic treatment, has issued script samples to educate officials. Sample sample for a disquisition on reclamation...
...month. Thence he moved to the St. Louis firm of A. G. Edwards & Sons as a statistician, in 1931 was sent to Manhattan as its Exchange member. Immediately intrigued by the machinery of the Exchange, he often stood, mouth agape, watching speculation flow around him on the floor. Soon he was an expert at all phases of the market, could quote the capitalizations of 49 out of 50 firms chosen at random. In 1935 he became a governor, unobtrusively joined the Shields group...
...customers' funds now kept helter-skelter in brokerage houses; 2) a trial segregation of broker-dealer functions; 3) assumption by the Exchange of full policing duties so that SEC will not have to patrol Wall Street; 4) plans for increasing the volume of bond trading on the floor; 5) possible rearrangement of commissions. So long as the market continues to climb, these or any other reforms should not be difficult. If the market crashes, Martin expects to be the goat...
Whether Martin can continue to deliver the goods, he himself is the last to say. There still remains a large body of opposition. But by this time even the dullest floor trader must realize that even if Bill Martin cannot complete the job, Bill Douglas...