Word: reporter
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Dates: during 1930-1939
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...confetti of steel, flesh and dynamite. Since 1934, said the sheriff, he had appointed 379 deputies, of whom only a half-dozen or so were paid by the county. The rest were hired by the operators as "special guards." Senator La Follette produced an investigators' report which showed that of Sheriff Middleton's 163 current deputies, 14 had served time in State prisons, two in Federal prisons. 34 had been indicted locally, all for crimes of violence. The sheriff's prize deputy was his brother Slemp, ordered removed from office by a Circuit Court...
...broadside Banker Hall keyed his speech to the general thesis: "Always it is important not to kill a lot of fine wheat in an effort to stamp out a few weeds."As to the value of long-established banker-client relationships, Banker Hall quoted Britain's famed McMillan Report to the effect that what Old England needed was'not less but more co-operation between finance and industry along...
lines. Read that report: "Effective [banking] support cannot be obtained merely for a particular occasion. It can only be the result of intimate co-operation over years during which the financial interests get an insight into the problems and requirements of the industry in question and the industrial interests learn the value of the support which financial interests can give." As to Commissioner Douglas' proposal for more competitive bidding for certain new issues, Banker Hall cited the Interstate Commerce Commission, which after long study concluded that except on equipment bonds-a highly-standardized type of security-the railroads could...
...Douglas' idea of segregating the underwriting and merchandising functions of investment banking, Banker Hall cited SEC itself on the somewhat analogous problem of dealer-broker segregation, SEC having admitted in a report to Congress that it did not know enough about the subject to launch a broad reform program...
Within a few weeks of its publication in France, Return From the U. S. S. R. sold over 100,000 copies. Reason: a writer of great reputation and acknowledged integrity, who had gone to Russia an avowed Communist, had written a beautifully lucid report which had all the earmarks of the disappointing truth...