Word: morganized
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Dates: during 1930-1939
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...MORGAN...
...week's time extension he gave them last fortnight having expired, the President once more received in his office TVA Chairman Arthur Ernest Morgan and his fellow directors, David Eli Lilienthal and Harcourt Morgan, once more asked Chairman Morgan to substantiate the sensational charges upon which he was demanding a Congressional investigation of his colleagues (TIME, March 21). When Chairman Morgan, apparently counting on the fact that a Congressional investigation of TVA is now certain, once more refused to answer Presidential questions, Franklin Roosevelt with a great show of forbearance extended the hearing another three days. When three days...
...onetime president of the New York Stock Exchange, who was caught last fortnight stealing his customers' securities (TIME, March 21). Other sequels to the Whitney scandal last week included: 1) his expulsion forever from the Stock Exchange; 2) suspension for three years of his floor partners, Edwin D. Morgan Jr. and Henry D. Mygatt, because Exchange custom demands such a penalty even though they were exonerated of any knowledge of the criminal acts; 3) filing of bankruptcy petitions by Partners Mygatt and F. Kingsley Rodewald; 4) a plea of guilty by Richard Whitney to a second indictment for grand...
There, the chief executive discovered that his awesome presence did not terrify Mr. Morgan into submission; quite on the other hand the latter refused to give any evidence to support his charges except during a formal Congressional investigation. The President thus opposed, responed by removing the opposition, and Mr. Morgan was relieved of his burdens of office...
...Roosevelt has won a few pawns but his king is in check. The very act of removing Arthur Morgan made a Congressional investigation inevitable, and the President could only answer that he had always wanted one anyway. By his maneuvering, he now stands to lose an important legal decision, he has aroused public opinion, and the fact of the T.V.A. and other similar organization may be seriously imperilled by the court decision and the investigation of Congress...