Word: nevertheless
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Dates: during 1930-1939
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...brothers, though they defaulted recently on their maturing obligations to the House of Morgan, nevertheless enjoy the unique status of a going concern. Their maze of holding companies are based on paying properties such as the Chesapeake and Ohio and Nickel Plate Railroads, to name only the most promising. Whatever the merits of the case may be, it will be unfortunate in the extreme if the entire structure should be jeopardized by the forthcoming investigation since it can be anticipated that many thousands of innocent investors throughout the U. S. will suffer directly or indirectly. At any rate, if nothing...
Percentage gains over March 1933 were, of course, exaggerated by the abnormally low state of trade during the banking moratorium. Nevertheless, for the first time since the New Deal John Businessman last week found his own affairs more engrossing than the Government's. Chairman Myron Taylor of U. S. Steel, having just averted trouble in his own house (see p. 17), told his stockholders that "in contrast with the uncertainties of a year ago, we have every reason to believe we have passed through the most difficult period of our adversities and we now face the future with confidence...
...basic article was FORTUNE'S, not TIME'S; and it by no means settled the question of Preparedness v. Unpreparedness. Nevertheless, for the praise, all thanks.-ED. Sirs: Permit me to express to you the sincere appreciation that I feel from the depth of my heart, for the wonderful article in March issue of FORTUNE on the subject of "Arms and the Men." I feel that your courage in this matter is doing more to set forward the cause of world peace than any single bit of literary endeavor that has been released...
...infamous "Lung Block" near Alfred Emanuel Smith's birthplace on the Lower East Side, 360 of the 386 evicted families promptly settled down in squalor within two blocks of their old homes. If whole areas are reclaimed, slumdwellers swarm into whole new areas, blighting them like locusts. Nevertheless, the PWA has earmarked $25,000,000 for Manhattan slum-clearance -a very small drop in a billion-dollar bucket. The State has authorized the setting up of a Municipal Housing Authority and 5,000 CWA workers in an exhaustive survey spent the winter slumming. No plans have yet been adopted...
...Minister assured the committee that he owned no C. P. R. securities, that there was nothing sinister in his actions. Authority for the guarantee was contained in emergency legislation. The delay in issuing a formal order was only an oversight. Most of Canada quietly took him at his word. Nevertheless, revelation of the Government's new interest in C. P. R. seemed to bring one step nearer that inevitable day when Canadian Pacific and Canadian National will be merged into a single transport system spanning two oceans and a continent...