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...Effected regulation of over-the-counter security trading after three years' study by SEC. Passed by Congress just before adjournment was the Maloney bill granting SEC indirect control over 0-T-C trading through dealers' associations. The 9,000-odd active 0-T-C dealers are supposed to band together in geographical groups, draw up rules, elect officers and police themselves (all subject to SEC approval). If SEC decides that this has failed to prevent manipulation, excessive commissions, other unfair practices, it may step in. Though last week's act exempted dealers in Government, State and municipal...

Author: /time Magazine | Title: Business: The Government's Week: Jun. 27, 1938 | 6/27/1938 | See Source »

...schools teach youngsters to cook, to run modern machinery. Symbolic of the Ford educational program is his carting the old cabin of William Holmes McGuffey, author of the famed readers, log by log to Greenfield, restoring it as a schoolroom with McGuffey furniture, and then supplying the building with indirect lighting and air conditioning...

Author: /time Magazine | Title: Education: Ford Schools | 6/27/1938 | See Source »

...should also consider how, under present economic conditions, he can best use his training. Although the university's purpose may not be vocational, it is essential that its teaching take interest in the student by including some hint of social obligation. A far-sighted educational policy should have an indirect means of showing him what field or profession to enter and, just as important, the right locality in which to pursue it. The graduate of 1938 must be prepared to fight for a secure place in society, but he should also be aware of his relation to society. This...

Author: NO WRITER ATTRIBUTED | Title: GO HOME, YOUNG MAN | 6/22/1938 | See Source »

...employers, scarcely any of the workers chose not to be represented by a union. It is no longer fashionable to be at the mercy of even a benevolent employer. The University should be glad that its employee relations are once more in tune with the times; and undergraduates, the indirect employers, will have to learn at first hand that important economic lesson that efficiency, high standards, and contented employees cost money--and are worth...

Author: NO WRITER ATTRIBUTED | Title: UNITED THEY STAND | 5/23/1938 | See Source »

...photoelectric control to turn on lights when illumination falls below the minimum. Because glare is as harmful as dimness, it also advised that glossy finish on furniture and glass tops on tables be eliminated, that pictures be varnished instead of glassed, that desks be shaded from the sun, that indirect lighting be used...

Author: /time Magazine | Title: Education: Light & Heat | 3/28/1938 | See Source »

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