Word: legalism
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Dates: during 1930-1939
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...propaganda which created an unwarranted demand for common stock. By an ingenious series of maneuvers in buying and selling their own stocks, Insull Utilities eased into position to raise the price of their common stock almost at will, although realizing that such action was on very shaky financial and legal ground...
...took $300,000 of capital stock to put into speculative stocks on the open market is considered, there can hardly appear rcom for doubt about his guilt. Both Kruger's suicide and Stavinsky's mysterious death have prevented the law from making its claim on the great European embezzlers. Legal red-tape and the customary American ennui in dispensing justice should not be allowed to hinder a more satisfactory conclusion to matters on this side of the Atlantic...
...legal reasoning, Judge Wheat was glad to recall that President Roosevelt, when he signed the Retirement Act, had declared: "Decision on this bill has been difficult. . . . [It is] still crudely drawn and requires many changes and amendments at the next session of Congress...
...consideration of this matter can ignore the violence that has been done to our domestic and family life by the increasing looseness in marital relations and the scandals that are given legal sanction by certain of our courts. The menace of Reno and the appeal to foreign courts have made us a byword among the nations, and given us an unenviable distinction quite without parallel, even among so-called pagan peoples...
...series of legal wrangles was in prospect before the Treasury could count these sums into its vaults. By last week nearly half the penalized corporations had filed vigorous denials of wrongdoing. Some were prepared to contest the Treasury's power in court where the best defense would be to prove that the surpluses were accumulated to meet the reasonable future needs of the defendant corporations. Though there was much talk to the effect that this Treasury tax drive on surpluses was just one more manifestation of the New Deal's hostility toward corporate thrift, the prediction was freely...