Word: ownership
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Dates: during 1920-1929
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Senatorial nipping and snapping at Andrew William Mellon came to an end, at least temporarily, last week when the Senate Judiciary Committee voted down, 10 to 3, a report that he held the office of Secretary of the Treasury illegally because of stock ownership in industrial corporations. An ancient statute prohibits the Secretary of the Treasury from being interested in "trade or commerce." Mr. Mellon freely admitted that he owns stock in the Aluminum Co. of America and other big concerns, but explained that he had resigned all his directorships and other business offices upon entering Federal service (TIME, April...
Growing newspaper chains (threatening death to oldtime, flavorful individualistic journalism),and further penetration of the so-called power trust into newspaper ownership or control (threatening death to the Freedom of the Press) were the headline subjects at the seventh annual meeting of the American Society of Newspaper Editors, in Washington last week. Few important U. S. newspaper editors are their own masters nowadays. Nevertheless, what they say illuminates the consensus of newspaper opinion. ¶ Editor Willis John Abbot (Christian Science Monitor) asked that the society inquire into the activities of the power trust with reference to newspaper ownership...
...being built for Dean Donham of the Business School marks another addition to the faculty houses owned by the University. Several homes, notably those of Professor Hocking and Palmer adjoining the Yard have long been controlled by the College, but so far the policy has been to limit the ownership of single housing units to a minimum...
...school will enable the Dean to keep in close touch with his affairs and will render easy the duties of "landlording" required from the University. The proposed masters' houses to be built in connection with the projected Harvard system appear to have the same justification for University ownership, but it cannot be too clearly pointed out that this should not establish a precedent for a general University housing program. The difficulties of managing isolated units and keeping everybody happy are too great to warrant the University's participation in work of this sort unless under the utmost duress of necessity...
...College, where the Harvard School of Business Administration, which has enormous influence upon the other educational institutions and upon the press of the country, is absolutely linked up with the power interests. The students in the course on public utilities are being filled with prejudices against public and municipal ownership, and they are being taught a theory of regulation that runs counter to the established system of regulation in this state...