Word: legalism
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Dates: during 1930-1939
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...dissolved into several independent corporations (TIME, May 3), the nation confidently expected to see a great drama played, on & off stage, by three notable citizens. One was old Andrew William Mellon, who is supposed to dominate Alcoa's affairs. Another was Homer Stille Cummings, an unsuccessful legal opponent of Alcoa long before he became Franklin Roosevelt's Attorney General. The third was Mr. Cummings' brilliant young assistant, Robert H. Jackson, who argued the Government's still pending income tax case against Mr. Mellon and was now to prosecute the Aluminum Co. suit...
...Consent decrees are settlements, common in anti-trust prosecutions, by which legal opponents come to terms, agreeing to a judgment of the court...
...When the Supreme Court certified the Wagner Act, their resistance took a subtle turn. They were entirely willing to bargain with S. W. O. C. and perhaps to enter into agreements with it-but they would have nothing put down in writing. Standing thus, they were strictly within their legal rights: the Wagner Act requires only bargaining, not written contracts. But S. W. O. C.'s Chairman Philip Murray, determined to win all he could while Recovery and Rearmament were booming steel production to alltime highs, cried last fortnight: "I tell you a strike will inevitably trail...
...days after the Coronation, Stanley Baldwin hastily cleared a table in Queen Anne's Drawing Room in St. James's Palace for an Imperial Conference with the four gentlemen who are his legal equals. New Zealand's Laborite Prime Minister Michael Joseph Savage, South Africa's General James Barry Munnik Hertzog, Australia's Joseph Aloysius Lyons and Canada's William Lyon Mackenzie King under the 1931 Statute of Westminster are just as much the King-Emperor's advisers as England's Baldwin. Invited also was Ireland's gaunt Eamon de Valera...
Observed in proper legal form in Baltimore last week were stockholders' meetings in two spinal column holding companies of the erstwhile $3,000,000,000 Van Sweringen rail and real-estate empire, Alleghany Corp. and Chesapeake Corp. Proxies prosaically were cast to elect as directors the new controlling interests in Alleghany Corp. At the same time in Manhattan, Stockbrokers Robert Ralph Young and Frank Frederick Kolbe were sitting down with George A. Ball to complete the transaction by which the 74-year-old Muncie, Ind. fruit-jar manufacturer stepped down as the dominant figure in the Van Sweringen picture...