Word: reforms
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Dates: during 1930-1939
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Businessmen now generally accept-with reservations-the Securities Act as a wholesome reform. But in 1933 many fought it bitterly, arguing that no one could take the risk of issuing securities because Section 11 of the Act provides that any purchaser of securities can recover damages from the issuers for subsequent losses if misrepresentations or omissions were made in the official registration statement. In six years of the Act's operations this bugaboo failed to materialize. Last week the dreaded event took place for the first time...
From time to time the University has been accused of being impervious to suggestions for reform that come from below. That this is not necessarily so is shown again, for only satisfaction can be felt with Mr. Conant's adoption of the recommendations of the special faculty committee with regard to policy, tenure, and promotion of teachers. Now the road is paved for those whose ideas are not completely orthodox or whose teaching position is not fully assured...
Virginia-born Viscountess Astor, M.P. for Plymouth, has never allowed her Conservative Party affiliations to interfere with her penchant for reform. One of her pet hates is Demon Rum; another is flogging, a practice still legal in the British Navy and British prisons. Unruly sailors are rarely flogged now, but stern judges sometimes order the lash as punishment for particularly brutal civil crimes...
...weapon at its disposal: the keen sword thrust of reasoned criticism. And behind that thrust are many of Harvard's much talked of "younger men." The Union's fight for the retention of Walsh and Swoezy may have been in vain. But this year's trenchant proposals for tenure reform and complete departmental democracy may cut more ice with the powers that be than the Faculty Committee's exhaustive report on the same subject. The Union's program was not only written for the younger men, but also by the younger...
...section man, the assistant--will be increasingly heard in the councils of Harvard. That is not to say that henceforth all will work in harmony toward the same educational ends. Inevitably there will be clashes between an ancient and wealthy institution and a group of young teachers pressing for reform. But President Conant has at last opened his eyes to the value of His Majesty's Loyal Opposition...