Word: knouts
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...revolution Menzhinsky wrote a prophecy: "If Lenin ever reaches power in fact, and not in imagination, he will make a mess of it, the like of one made by Czar Paul I. ... Leninists are a clan of political gypsies, with a strong voice and a love for wielding the knout, imagining that it is their inherent right to serve as coachmen for the laboring masses...
...Deal's Public Utility Holding Company Act of 1935 is a knout which can be used to flay the backs of investment bankers holding controlling blocks of utilities stock. The act's description of a holding company fits any investment house which directly or indirectly controls more than 10% of a utility's voting stock. Such a house feels the knout until: 1) it gets rid of its holdings; or 2) registers as a holding company, thereby submitting to SEC regulation, a penitential hair shirt which no investment banker wants to wear...
...head on the block for the SEC's death sentence. Said Byllesby Vice President Joseph H. Briggs: "It appears the only course open is liquidation of the voting trust and sale of the stock." From SEC came ominous rumbles that other investment houses may also feel the knout...
...remembers the good old days when Willie Hoppe, world's champion billiard player for 16 years, played at the Union. In former days he used to play with all the great pros of his time--Hoppe, Schaefer, and the rest. Ben judged that the greatest Harvard player was Bert Knout '28, who averaged a run of about...
Like German, Irish, English immigrants, freedom-hungry Poles came to the U. S. in flight from oppression-after their army's ill-starred revolt against Russian domination; to escape the knout of Tsar Alexander II; in a tide in the '80s; in a tidal wave in the 15 years preceding World War I. Greatest concentration of Poles in the world today is Chicago's 500,000. Other great centres: Detroit, Buffalo, New York...