Word: impounding
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...levee system was built were very far astray because still higher flood stages were actually being recorded at Cairo and below. Fingers were pointed at Dayton, 50 miles above Cincinnati, which, after the disastrous flood of 1913 in the Miami Valley, spent $30,000,000 building five reservoirs to impound headwaters and release them only as fast as the streams could carry them away. Result : Dayton had no flood this year...
Asked to explain a recent appeal in the Townsend Weekly for a "defense fund" to be placed at his personal disposal on the "very great possibility" that the House investigating committee would impound OARP's funds, Dr. Townsend admitted after persistent questioning that he knew the committee had no power to impound his organization's funds...
They're going to impound the Friendly Society books...
Since the ebb tide of Depression first set in, Wall Street bankers have united often in mighty efforts to impound the waters of deflation. Spurred on by Governor Eugene Meyer of the Federal Reserve Board, big New York banks combined again last week under the leadership of President Mortimer Norton Buckner of the Clearing House Association to launch the long-debated $50,000,000 Commodities Finance Corp. (TIME, Aug. 15). Though dubbed "the commodity pool" in its rumor stage, C. F. C. will purchase no commodities. It will conduct a financing business along strict banking lines. Banker Buckner defined...
...Commonwealth Government of Australian Premier Joseph Aloysius Lyons, weary of paying New South Wales's repudiated debts (TIME, April 6, 1930, et seq.) continued its efforts to impound New South Wales funds. Mr. Lyons issued a proclamation attaching betting tax receipts at race courses, entertainment taxes at theatres, and the receipts of state-owned railways in New South Wales. State Premier Lang swiftly countered by ordering that all railway receipts must not be handled by banks, but sent direct to Sydney under armed guard. During the night his agents changed all the locks on all the doors...