Word: racketed
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Dates: during 1930-1939
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When William Marcy Tweed bossed Tammany Hall and New York City, political livelihoods were made by out-&-out peculation. Boss Charles Francis Murphy brought the city contract racket to its juiciest fruition. But fashions in municipal graft change. Nowadays Tammany feeds largely on the real estate and building businesses. How it is done was clearly illustrated last week by Inquisitor Samuel Seabury to the eight-month-old Republican-controlled Legislative investigation of New York City's administration...
...Chompeen," said Mr. Cohen, "is self-educated, purely self-educated. His old man was in the olive racket. . . . That's the way he developed those wonderful biceps, tossing bags of olives around...
...contribution by Editor Harris to the perennial, nationwide discussion of emphasized football. He had written that he would "trade the whole Columbia football team for a nice little place in the country with cows and chickens.'' He had charged that football has become "a semiprofessional racket operated largely for the amusement of the alumni and the general public . . . until probably 80% of the men who play college football in the bigger institutions are semiprofessional athletes hired by assistant coaches who make annual pilgrimages to prep schools." He had urged that the game be returned to the students...
...Edward George Seubert, president of Standard Oil Co. of Indiana and chairman of the Institute's marketing division, raged last week against a new racket: gasoline bootlegging. "Gaslegging" is the method of dishonest gasoline retailers who set up mushroom service stations and pocket the 3¢ or 4¢ tax levied by the State on each gallon of gas. Illinois estimates it is being defrauded of $1,000,000 a month, Pennsylvania, an equal amount. The national loss was said to run between $15,000,000 and $50,000,000 yearly, the threat to the legitimate gasoline market was so serious that...
Suddenly last week many a U. S. border storekeeper noticed that his till had become overloaded with Canadian silver, cursed his own stupidity. Shrewd border farmers, it appeared, have been working an ingenious rural silver racket thus...