Word: ownership
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Dates: during 1930-1939
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...with homely relics loaned by the Oregon Historical Society, while its elevator girls put on the balloon skirts of the 1850s to celebrate the store's eightieth anniversary. Meanwhile, for the first time in its history, Meier & Frank proposed to let its employes and the public in on ownership of the business, filing with the Securities & Exchange Commission a prospectus for sale by the stockholders of 183,928 (one fifth) of their 919,640 common shares...
...potent in Portland were these families of cousins that in 1930 the first member of either to take a flyer in politics, President Julius L. Meier, was promptly and overwhelmingly elected Governor of Oregon. Depression, however, made this a discouraging experience. Committed to a public power ownership platform, Governor Meier was thwarted by thrifty opponents who objected to his private telephone from capitol to store, his installation of the first private lavatory in the Governor's office. Furthermore, his pet financial hobby, the American National Bank of Portland, took the Bank Holiday of 1933 with such relief that...
...stock therein, nobody doubted that he hoped to line up his 3,500 workers with the management, not against it. Stockholding customers, likewise, would be unsympathetic to the unions. To President Frank it "seemed proper that employes, customers and the public be given opportunity to participate in the ownership of the business they have helped to build...
...Power, one side of the story of the Tennessee Valley Authority, will require none either. Government Playwright Arent (Triple-A Plowed Under), the onetime dramatic critic who marshaled into dramatic form the facts Mr. Watson's researchers found for him, has stacked 33 potent propagandist scenes against private ownership of utilities...
...suit was appealed to California's Supreme Court which last week held that there had been no effective precedent and that aircraft should be treated leniently as "a new and romantic industry." Concluded the Court: "The air, like the sea, is by its nature incapable of private ownership, except insofar as one may actually...