Word: heeling
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Dates: during 1930-1939
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Dictator. Franklin Roosevelt five years ago sent aristocratic Ambassador Sumner Welles to pluck Cuba from under the heel of bloody President Gerardo ("The Butcher") Machado. That chunky brown soldier, Fulgencio Batista y Zaldivar, organized a revolt against Ambassador Welles's dummy President Carlos Manuel de Cespedes, made himself Cuba's army chief and proceeded to set up and knock down presidents of his own in a way that has made Dictator Machado look almost constitutional...
Laugh, win friends, do as you please! Why grub for gold when "You Can't Take It With You?" Thus speaks Grandpa Vanderhof, who, when entering his office one day, hearkens to his own words, turns on his heel, and never goes to work again; who is the patriarch of the maddest and merriest household establishment ever on exhibition. By the adequate light of a firmament of stars, Frank Capra has depicted well the story of the Vanderhofs, with their fire-works, ballet-dancing, xylophones, and discus-throwers. His touch has provided healthy humor in abundance and a dash...
...biggest heel in contemporary U. S. fiction is a smart guy named Harry Bogen. This Bronx boy made good last year in Jerome Weidman's I Can Get It For You Wholesale as the slickest, crookedest trader in Manhattan's garment centre, who railroaded his partner to prison, ended up with plenty of dough, a fancy chorus girl named Martha Mills and an invincible conviction that he knew...
Presumably put through privately by Chairman Jones and Daniel Willard Jr., the deal was as fabulous as it was timely: through RFC, B. & O. sold its down-at-the-heel canal to PWA (subject to a court receivership settlement) for $2,000,000, approximately $1,000,000 above its book value, thereby getting enough cash to meet its interest payments. Exactly what PWA will do with its canal is still uncertain. According to present plans, it will turn the property over to National Park Service, which may restore the picturesque taverns and lock houses flanking the waterway. The 22-mile...
...Began moving in on the investment trust business. With the security exchange and the utility industry both come to heel, SEC's next major move is the long-awaited regulation of investment trusts. After three years' study, SEC last week sent Part I of its report to Congress, will send other installments this summer, later recommend legislation. Largely a survey of the field, Part I produced the following gloomy statistics: 1) since 1929 assets of investment trusts have shriveled from $7,000,000,000 to $3,700,000,000; 2) of 1,272 investment companies existing...