Word: new
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Dates: during 1930-1939
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...When the New Deal was putting over its "Death Sentence" Public Utility Holding Company Act, Associated Gas and Electric's Howard Hopson spent $1,000,000 lobbying against it. With his roly-poly body and ear-to-ear smile, he became the utility industry's "mystery man" and lone wolf. Last week Hopson was hopelessly ill with heart disease, and Associated (a $1,000,000,000 system) was in financial trouble such as never caught up with it when he was at the helm...
...famed Dr. Daniel Starch. A few weeks ago Mr. Mange went calling on Jesse Jones to see about arranging an RFC loan. Soon Associated got the idea thai Mr. Jones's price for making the loan was a finger in management. Last week, Associated acquired a new president, a veteran Washington lawyer named Roger Whiteford, who is given to lecturing on the trial of Christ; who is a buddy of the Hopson sisters' lawyer, ex-Attorney General Homer Cummings. Pleading ill health, Junta Member Mange resigned as president, board chairman...
Associated evidently believed that after this its RFC loan had been arranged. To New York banks, on the alert for good loans; to other utilitarians, who would like various pieces of Associated; to non-RFC New Deal utility watch dogs, Associated seemed overoptimistic about what the loan could accomplish...
Victor Emmanuel, unlike the Byllesby interests, believes that butter is better than cannon in dealing with the New Deal. Fortnight ago, he hired a new president for Standard, white-haired, McNuttish-looking Leo Thomas Crowley, since 1934 chairman of FDIC. He hired Mr. Crowley through Washington's No. i Big Money employment office, Jesse Jones's RFC, the same office which placed Mr. Crowley's FDIC predecessor, Jones Protege Walter Cummings (TIME, Nov. 27), who heads Chicago's huge Continental Illinois Bank...
This embarrassing letter, in 1897, gave pause to the editors of the staid New York Sun. But not for long. Next day. in an editorial written by Editor Francis Pharcellus Church, the Sim answered in a fearless affirmative. "Not believe in Santa Claus!" it blustered, "You might as well not believe in fairies. You might get your papa to hire men to watch in all the chimneys on Christmas Eve to catch Santa Claus, but even if they did not see Santa Claus coming down, what would that prove? Nobody sees Santa Claus, but that is no sign that there...