Word: locked
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Dates: during 1930-1939
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...this rapid expansion, Eatonists give credit to neither stock manipulations nor managerial ability. His special genius is in organization. Speaking in exact, ministerial tones, casting penetrating looks from his blue eyes, he wields great power when it comes to exhorting ancient industrial rivals to quell their jealousies and lock their arms in Christian fashion before fighting the fight for bigger profits...
Progress according to ability, rather than by the old lock-step system...
...insurance policy (adopted also by other surety companies) provides against losses through kidnaping robberies. Robber-kidnapers go to the home of the bank cashier, or other official, compel him to accompany them to the bank, to open the safe for them when the time-lock runs out. By the payment of a small extra premium, banks and businesses can protect themselves from such kidnap losses. National Surety Co. also wrote last week a suicide policy, said to be the first of its kind. A manufacturer (unspecified) wished to borrow $25,000 from his bank. As the business depended largely upon...