Word: nextly
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Dates: during 1930-1939
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...Affairs, you make reference to the President's having "singled out Felix Belair Jr., correspondent of the New York Times, for a special blast about big newspapers, whom he accused of wishing to see control of the money markets return to private hands." In parentheses you then add: "Next day the Times recalled editorially that in 1922, Franklin Roosevelt was president of United European Investors, Ltd., speculators in German marks...
What Louis XIII could not foretell was that Louis XIV (Louis Hayward) would grow up into an arrogant wastrel, his brother Philippe of Gascony (Louis Hayward) into a fine broth of a boy, next to his tutor d'Artagnan the best blade in France. Brother Louis at first finds Brother Philippe useful as a decoy for assassins and as a stand-in with his betrothed, the Spanish Infanta Maria Theresa (Joan Bennett), while he is dallying with brassy little Louise de la Vallière (Marian Martin...
During the next three hours minority stockholders (including Manhattan Ribbon Manufacturer Arthur C. Flatto, recent No. 1 stockholding critic of Western Union) aired their views, heckled the management, demanded minority representation, applauded, jeered. When the uproar was over, tough Charlie Hardy announced the results of the annual election: the management slate had been reelected. Extent of its support: more than 60% of the 589,150 eligible shares. Oscar Cintas picked up his umbrella and walked out with Latin disdain...
...against it. Promptly, Bond & Share registered with SEC. Holding company service subsidiaries had frequently been charged with bleeding operating companies. So Bond & Share forfeited all income (about $800,000 a year) from its management firm (Ebasco Services, Inc.), which began servicing the system's operating units at cost. Next, Groesbeck pulled out of the TVA fight, selling four operating companies to Government competitors, leaving Willkie (of whose Commonwealth & Southern system Bond& Share is a 5% owner) to shift for himself, taking a loss of $2,433,209 on the deal. Finally, Groesbeck submitted to SEChairman Douglas a scheme...
...Next move was Groesbeck's. In eastern Washington, Bond & Share's small Washington Water Power Co. (450 miles of lines) has been threatened with competition from giant U. S. power plants at both Grand Coulee and Bonneville. Last month it sold $22,000,000 of 3½% 25-year bonds for refunding and new construction at the gilt-edged price of 105. Unworried investors gobbled up the issue...