Word: mopped
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...precise adjustments, the camera got into action just before New Year's Day. Since then thick weather has ruined every night but a few for sky-map-ping, but last week three plates had been successfully exposed and developed. Thirty-seven more plates will be needed to mop up the Northern sky. Then...
...step far more than if the President had taken a threatening tone. For now the Court itself rather than the President will appear to be forcing the issue. By his message to Congress Franklin Roosevelt outflanked the position of the Supreme Court. If and when it chooses to mop it up, the job will be three-quarters done...
Another surprise witness last week was Joseph B. Eastman, now back as an active ICCommissioner after a turn as Railroad Coordinator. Mr. Eastman used the intricate chain of terminal transactions to make the point that public regulation was defeated in that the ICC could, if it saw fit, forbid MOP to buy the properties, but it could not save MOP from loss...
Also made by Commissioner Eastman was a grave, if well-considered, charge. By the time debt-ridden MOP flopped into the courts in 1933, it had paid $3,200,000 on account for the terminal properties. On the books this was first lumped in a peculiar railroad account called "unauthorized work." Later it was carried as a "special deposit," a current asset. The funds were indeed deposited in Guaranty Trust Co. but for the benefit of Terminal Shares, not MOP. Last week the railroad's officials tried to explain that they never intended to convey the impression that...
Before adjourning the hearings until after the turn of the year, Senator Wheeler summoned Morgan Partner George Whitney to explain a loan made to MOP by the big banking house at No. 23 Wall Street. At the time RFC was being organized, MOP needed $1,500,000 to tide it over an interest date, and the House of Morgan, already a large MOP creditor, furnished the money on condition that it would be repaid promptly from the road's RFC borrowings...