Word: royalistic
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...famed Waste Land has stood like a lighthouse against which whole flocks of sophisticated blues-writers have dashed themselves in vain emulation. When Poet Eliot expatriated himself to England, there were few disapproving murmurs from his followers. But when he publicly renounced agnosticism, announced himself a "classicist in literature, royalist in politics, and Anglo-Catholic in religion," he started an indignant fluttering in literary incubators that has not yet died down. Poet Eliot, now a naturalized British subject, a scholarly editor (The Criterion), even more highly regarded in his foster-country than in the U. S., a devout member...
...long and unfinished chapter in the annals of the New Deal has been written around the character of J. Edward Jones, a Manhattan oil royalty dealer whom the Securities & Exchange Commission has been assiduously trying to put out of business for more than a year. Last month Oil Royalist Jones won from the Supreme Court a legal victory and sweet revenge in the form of a verbal thrashing administered by Justice Sutherland to the SEC and all other New Deal agencies whose zeal might be exceeding their authority (TIME, April...
...Royalist Jones's revenge was exceedingly short. Day after the Supreme Court decision a Federal grand jury in Manhattan started to hear a special Department of Justice agent present straight mail-fraud charges against the onetime Kansas soda-jerker. Last week J. Edward Jones was indicted on 15 counts, not for violation of the Securities Act but for using the mails to sell $800,000 worth of oil royalty certificates with false promises and fraudulent pretenses...
...This is mad persecution advanced to the most pitiable stages of New Deal-irium," roared Royalist Jones. "While I, of course, realize that few business concerns could withstand such continued and powerful efforts at sabotage, nevertheless I warn against the dangers of vicious governmental malevolence bent on riding roughshod over individual rights and Constitutional guarantees hitherto respected by our Government...
Expressly avoided in the Jones decision was any opinion on the Securities Act's constitutionality. That pillar of New Deal reform stood unrocked. But Justice Sutherland was profoundly disturbed by the administration of the Act in the case of Royalist Jones. Said...