Word: reporter
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Dates: during 1930-1939
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...bill passed after more careful examination by the Senate on June 5. It was a brand-new tax bill, concocted in conference, a cross between the House and Senate bills. Day after its birth the hybrid bill was rushed to the House floor. No copies of the conference report had been printed. All that Representatives knew of it was what oral explanations their leaders gave. So weary were they, however, that they laughed, applauded, made speeches showing that they really did not know what they were voting on, then passed it, 221-to-98. More deliberate was the Senate...
...Courier-Journal. Next year reorganization carried them into the United Press together. There for 13 years they perfectly complemented each other. UP's President Howard might be in London getting the historic 1916 "knockout" interview from David Lloyd George, or in Brest getting the equally historic false Armistice report from Admiral Wilson. UP's Vice President & General Manager Hawkins kept his two big, reliable feet on the ground at headquarters in Manhattan, saw that all the bases were scrupulously and soundly tagged as UP steadily expanded from 21 bureaus serving 267 clients, to 104 serving more than...
Criticizing Secretary of Commerce Daniel C. Roper for splitting Bureau authority between too many men, the Committee's report lashed out particularly at two top Bureau officials, Director Eugene Vidal and his assistant, Rex Martin. Excerpts...
...charge that the New Deal is deliberately and cunningly undermining the property rights of U. S. citizens. Last week a prime New Deal agency asked Congress for broad legislation not to weaken property rights but to strengthen them. The reform proposals were contained in another Securities & Exchange Commission report based upon Commissioner William Orville Douglas' diligent investigation of protective committees and reorganizations (TIME, May 18). Mr. Douglas concluded that U. S. investors had suffered woefully from irresponsible corporate trustees, legal representatives of scattered and inarticulate bondholders...
...corporate trustee is usually the trust department of a bank. It is the trustee who holds the mortgage securing the bonds, who forecloses if the borrower de faults. As pointed out in the SEC report, "The trustee is the only agency avowedly designed for the protection of security holders during the entire life of the security." Commenting on his findings last week, young Commissioner Douglas declared: "By & large, the corporate trustee has been sitting idly by while bondholders have been exploited. . . . And when I speak of the corporate trustees, I am speaking about some of the leading banks...