Word: racketed
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Dates: during 1930-1939
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...more distressing. It would be in accurate to say that Mrs. Arnold's apparent limitations as a player disappear when her matches start. She covers the court in a series of wild scrambles, hits a jerky forehand that looks better suited to a flyswatter than a tennis racket and wins on steadiness, indefatigable nerve and the brains which most women players either signally lack or fail to use. As Ethel Burkhardt, she learned tennis in San Francisco, went East at 20 in 1929, reached sixth place in national ranking in 1930, then married a carpet salesman and dropped...
Last of the great pre-Repeal gangsters left alive or at liberty is blank-faced, chicken-hearted Arthur ("Dutch Schultz") Flegenheimer, onetime master of The Bronx beerage, reputed boss of the policy-game racket. "The cooler ain't never so cold as the morgue," quavered this pulpy nervous underworking last winter on giving himself up on a Federal charge of evading $92,103.34 in taxes on a 1929-31 income of $481,637.35. At his trial in Syracuse, N. Y. last spring he got a hung jury. Last week in rural Malone...
...Bing-Bang." This was the machine that the New Deal, through Attorney General Cummings, dramatically turned loose on organized crime. In 1932 the Bureau had had the kidnapping racket dumped into its lap when Congress passed the ''Lindbergh Law'' which made snatching across State lines a Federal offense. And at "General" Cummings' request. Congress last year provided the Bureau with automobiles and armaments for the first time. About the same time the Bureau took command of another sector with the passage of an act enabling it to chase, catch and convict national bank robbers. With the passage of these laws...
Making it hard for the shady is as prime an SEC principle as making it easy for the honest. Bucket shops, boiler rooms and the sell-&-switch racket are for the first time up against toothy Federal laws. But the downright crook is not so annoying as the shady dealer operating on the frontiers of legality. Last week Director of Registration Bane cracked down with a stop-order suspending sale of stock in a Tulsa concern called Wee Investors Royalty Co. Wee Investors proposed to sell its stock on a chain-letter basis. In the studied understatement of Mr. Bane...
...Noted that Sir John Simon, "the Empire's Highest Feed Lawyer" did not forget that he is now Home Secretary, having been demoted from Foreign Secretary. Sir John made his debut in Home Affairs on the issue of chain letters, a racket now spreading from the U. S. throughout Great Britain. Famed for his ability to speak learnedly on any subject without committing himself to either side, the Home Secretary toyed with the question whether in Great Britain chain letters are legal or illegal. "I may observe," said the Great Lawyer, "that certain types of snowball schemes, to which chain...