Word: legalization
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Dates: during 1920-1929
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...statement: " The position of the Pennsylvania System in this matter is devoid of intrinsic merit, violative of the will of Congress and destructive of the rights of the employees." President Rea took " specific exception" to these charges. He maintained that the Board's decision invaded the constitutional and legal rights of his Company, that the Company was on good terms with its employees, and that " the only real discordant note is that being sounded by the Labor Board...
...Geddes, British Ambassador to the United States, signed an agreement to renew the arbitration treaty of 1908 between the two countries. The treaty has already been twice renewed for five years, in 1913 and 1918, and the third renewal is for the same duration. The treaty provides that any legal disputes which cannot be settled by diplomacy shall be submitted to the Hague Court of Arbitration-provided that the matter does not affect the "vital interests, the independence or the honor of the two contracting States." A new feature embodied in the last renewal is an exchange of notes, whereby...
...three exchanges to order their members not only to testify but to waive immunity from prosecution or to face expulsion from the exchanges. The members of the "Big Board," as the New York Stock Exchange is familiarly known, have considered removing their tickers from the Consolidated, but their legal right to do so is questionable...
...Viviani, lawyer, is 60 years of age. He was Premier when war was declared in August, 1914. A year later he resigned in order to facilitate the formation of a coalition government. Early last year he retired from official life to return to his legal practice. His book, As We See It (an animadversion upon Wilhelm II), was recently published in America, and was reviewed in TIME...
This practice with regard to "margin" stock is unavoidable and is in every way legal and legitimate. But owing to the fact that most brokerage customers do not fully understand the business, it permits unprincipled brokers to sell out their customers' stock as fast as it is purchased&−which is "bucketing." If the customer asks where his stock is, he is told that it is at a bank in a "loan envelope," and he has to take the broker's word for it. The "bucketing" broker profits from this illegal and underhanded practice in two ways...