Word: got
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Dates: during 1930-1939
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...have just read your biased account of political events under the head of The Presidency, in TIME, July 31, and I want you to know how your account of the defeat of the Neutrality Bill appears to one who has got more respect for honor than he has for conniving, self-aggrandizing politicians...
Because the late great Leland Stanford had wisely willed his trustees great latitude in investment, Herbert Hoover and friends got permission to revise their portfolio. Meanwhile, many another trustee, bound by strict fiduciary laws and without latitude to switch to common stocks, faced an immediate menace: New Deal fiscal policy has reduced interest rates so low that with every refinancing the dollar yield of securities gets closer to the vanishing point...
...great loss, if anything, opened possibilities of a better deal. The bonds were last week kicking around in Wall Street for 25? on the dollar, in Germany, at 60 pfennig on the 100 pfennig Reichsmark (good only in Germany). If SEC had accepted the application, bondholders would have got $35,000,000 of bonds (1937 and '38 interest) which at 3% would have netted them about $1,000,000 a year in usable money. British holders of German bonds got a better deal which gave them about $15,000,000 real money on $30,000,000 owing...
Last week C. & E. I. got its trustee replacement: tall, handsome Chicago Lawyer Benjamin Wham (rhymes with Tom), writing authority on receiverships and reorganization. His most pressing job (to be shared with C. & E. I.'s crack President C. T. O'Neal): to wind up details of the only Class I reorganization already approved by ICC and Federal courts...
Soon as the Tribune had its story ready, it got a statement from the bishop. He denounced the "scandal mongers [who] have spoken of me as though my sole friends are publicans and sinners. That is, I am proud to say, true! I have no friends so self-respecting that they are in need of no repentance. . . . Why whisper and use . . . innuendo! Why not be forthright and say, as I frankly say ... that Mrs. Ablewhite and I have been at the Chez Paree, which we have enjoyed, and to other restaurants where shows have been as good...