Word: judgment
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Dates: during 1930-1939
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...highly readable and interesting style, goes on to reveal the workings of the international game during the past decade. By an amazing ability to eliminate the non-essentials, the author connects all the high spots of recent years in a coherent pattern, at the same time passing judgment on many fallacies and legends that have grown up. The result is that the politics of the world seem to be a relatively simple matter, perhaps too simple...
...Committee, would be able to do so again. Last week her hopes of doing so were raised by a note from Franklin Roosevelt. Excerpt: "I have no personal doubt that a large majority of the membership of the House believes that the House as a whole should pass its judgment on such legislation...
...whole miserable tale and a request for $280,000 more. Banker Bartow went to Lawyer John W. Davis, who forbade any financial assistance as improper. Bartow then motored out to Long Island to see J. P. Morgan himself. "Mr. Morgan was shocked beyond measure. He gave me his judgment that there was no course for us to follow except to abide by the advice we had received...
...using the Stock Exchange Gratuity Fund improperly but had not reported it to his fellow Exchange governors because George Whitney made good the deficit. Asked if he considered this the full measure of his duty, he remarked: "It is easy to see now that one's error in judgment might be criticized. But knowing Richard Whitney as I knew him, it seemed then he was above any criticism. That was the basis of my action ... I am still stunned...
...agreed to hold the Act in abeyance while it brought a test case against Electric Bond & Share. In court, however, SEC attempted to limit the test solely to the registration feature. E. B. & S. lost twice in lower courts and last week it failed again to get a complete judgment on the Act. Reading the majority opinion, Chief Justice Hughes refused to consider anything but the issue of registration, left the rest of the law for future adjudication. This there will surely be when SEC starts reforming the industry after it is completely registered. Some 44% of utility assets have...