Word: lincoln
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Dates: during 1930-1939
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News not of United's choice or making was the suit filed against it last week by one George A. Hughes of Lincoln, Neb. for alleged infringement of his patent on dihedral (up-tilted) wing design. To prove that he invented flying principles used by United, Plaintiff Hughes offered to have onetime Colorado cowboys testify they amused themselves in the 1890's by plugging Hughes's flying models full of holes with six-shooters...
Late in the summer Swindler Baiata began to glance wistfully at Abraham Lincoln Life Insurance Co., which had $13,000,000 of perfectly good assets. Working control could be bought for $400,000. Gathering about him a crew of sharpers, Mr. Baiata arranged to buy the company for $25,000 down, the balance in instalments. Clerk Van Derck provided the down payment from Ledger...
Neither Baiata nor his lawyer, one Abraham Karatz who had been a barker all summer at the Hall of Champions, took office. For president of Lincoln Life they dug up a bald, scrubby-mustached man named Gustav Lindquist who had once been Minnesota's insurance director. Installed as treasurer was a young gentle man who ran the dice game at Michelob's Tavern on State Street...
...Apparently the scheme was to substitute "hot" (stolen) bonds, which could be purchased for 10¢ or 15¢ on the dollar, for the securities in Lincoln Life's vaults. For this mulcting process the sharpers needed a no-questions-asked bank to act as 1) a depository where loans could be made on the outflowing Lincoln securities, and 2) a reputable vendor of the inflowing "hot" bonds, so that the state insurance department would not be suspicious. With out much trouble, Baiata & friends found a bank for sale in Indianapolis. The dice-playing treasurer swept up an armful of securities from...
...only to listen to the average political harangues, or to read the Congressional Record, to realize to what depths public speaking has sunk in America. Both our politicians, and those we like to call our statesmen, have no compunctions about dragging into any speech, whatever the occasion, Washington, Lincoln,--even God Almighty, who is invoked in the name of Republicans, Democrats, Irishmen, Poles, reactionaries and radicals. He who combines reason with emotion is indeed a rarity. The result is that no public speaker is taken seriously, with the possible exception of President Roosevelt, who alone seems to have learned...