Word: royalistic
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Last week the U. S. Supreme Court handed down its first decision on the Securities Act of 1934. The case originated last year after J. Edward Jones, dealer in oil royalties, filed a registration statement with the Securities & Exchange Commission. Summoned to explain his facts & figures, Royalist Jones suddenly changed his mind, tried to withdraw the statement. This SEC forbade him to do (TIME, July...
Proclaiming his inalienable right to withdraw his registration so long as it had not become effective, Oil Royalist Jones finally found support for his contention last week. Said Justice Sutherland in a 6-to-3 decision: ''We are unable to see how any right of the general public can be affected by the withdrawal of such an application before it has gone into effect. . . . The conclusion seems inevitable that an abandonment of the application was of no concern to anyone except the registrant. . . . The Commission itself had challenged the integrity of the registration statement and invited the registrant...
...nine parts a nervous disorder. It is St. Vitus's Talk." He opens a big door, then hastily slams it, when he admits: "The step from foul American slang to valuable English idiom is sometimes very short"-then changes the subject. He further weakens his case for Royalist English by attacking the divine right of dictionaries, even the Oxford (but he bows to H. W. Fowler's Modern English Usage). "Modern dictionaries are pusillanimous works, preferring feebly to record what has been done than to say what ought to be done . . . never conclude that because you find...
...rabble-rouser, M. Léon Blum. From rostrums as various as the curbstone of a Paris slum and the tribune of the Chamber, long-nosed, stringy-haired M. Blum has clarioned: "Socialism is my religion!" Last week he lay in bandages, "put to bed for his religion" by Royalist youths, who thus brazenly described the outrageous beating they gave Socialist Blum when his appearance as a bystander at a Royalist funeral procession incensed them (TIME, Feb. 24). This attack-and enemies of Léon Blum charged he was not really hurt but is dramatically "exploiting a few scratches...
...Last week the peculiar detestation Leon Blum is capable of arousing nearly cost him his life and sent France careening around a sharp, dangerous political curve. In a car driven by Socialist Deputy Georges Monnet and with Mme Monnet at his side, Socialist Blum edged too close to a Royalist funeral procession. The militant mourners were young, cane-swinging stalwarts of the Action Franchise, supporters of the restoration as King of France of Monseigneur le Due de Guise, an exile in Belgium. The funeral was that of eminent French historian and publicist Jacques Bainville, a Royalist with a scoffing...