Word: halseyisms
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...DIARY OF GEORGE TEMPLETON STRONG (4 vols.; 2,143 pp.)-Edited by Allan Nevins and Milton Halsey Thomas-Macmillan...
...Eaton turned the paper over to a new corporation, Cincinnati Enquirer, Inc., set up by the employees. Portsmouth Steel will hold two notes for $6,350,000 and $1,250,000 until they are paid off by the employees through a bond issue underwritten by Halsey, Stuart & Co., investment bankers, and a stock issue backed by Cincinnati brokers...
...paper, and that there is no reason why it will not continue to make money and pay off the debt. As a clincher, they offered to pay $7,500,000 in cash. The argument won them a delay. Soon Ratliff went back to the court with an agreement from Halsey, Stuart & Co., investment bankers, to issue $6,000,000 in bonds to help buy the paper. A Cincinnati brokerage house also offered to underwrite a $1.5 million stock issue. The money would be cash on the barrelhead, said Ratliff, where the Times-Star offered only $1,250,000 down...
...Dark." On the stand for the third week as a Government witness was Harold L. Stuart, 70, head of Chicago's huge Halsey, Stuart investment banking house and a longtime friend of Cyrus Eaton, Fair-Dealing financier blamed by many Wall Streeters for stirring the Government into action in the first place. Stuart was there as an expert, and Medina was glad to see him. He welcomed him as "a real live witness who can tell me about this investment-banking business . . . instead of staying in the dark, as I stayed for over a year...
...five days, the Government lawyers questioned Stuart, trying to support their charges that the defendants had frozen out such companies as Halsey, Stuart from security issues. Then Government Attorney Henry V. (for Vincent) Stebbins abruptly announced that he was about finished with Stuart. Medina was flabbergasted. It was "nothing short of criminal," he said, for the Government to end its examination without bringing out facts which he had been "dying to hear for a year and a half." Snapped the judge: "This is the most tremendous waste of time I ever heard of. I just cannot stomach...