Word: sec
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Dates: during 1930-1939
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...into one economic program after another, this was on its face an extraordinary admission. In this case, the admission was made to set the stage for another economic program. The monopoly hearing was about to enter a new chapter of its quizzing; with the aid of SEC it was about to make a diagnosis of depression calling for new remedies...
...Chief Clayton Bishop of the Onset (Mass.) Fire Department: the 130-mile outboard motorboat race down the Hudson River from Albany to New York City; in 3 hr., 11 min., 22 sec.; breaking the record for Class B boats (16-h.p. motors, 100-lb. hulls); and setting another record by becoming the first driver to win the race twice...
...SEC set out to answer the point with an investigation which is not yet completed. The American Institute of Accountants, chief C.P.A. professional association, also launched an investigation. Last week it issued its report, tantamount to an order to all Institute Accountants from now on. Its chief decision: that good auditing procedure calls for actual corroboration of inventories by physical tests, heretofore usually done only on specific request by the company...
...Supreme Court do not, by tradition, hobnob with the President of the U. S. William Orville ("Bill") Douglas is different. He is only 40; had never been any kind of judge; until only six weeks ago, when Franklin Roosevelt elevated him, he was chairman of SEC. Last week end he cruised with Franklin Roosevelt and Harry Hopkins on the Potomac. Chief conversational topic: the current state of U. S. business. When Harry Hopkins got back to his desk he expressed what was doubtless the trio's consensus: that to read the latest resolutions of the U. S. Chamber...
...Blockade and John Strawbridge's ten-year-old Coq Bruyere, the two top timber-toppers in the U. S. Blockade, chestnut son of famed Man 0' War, had clipped seven seconds off the course record last year when he won the race in 8 min., 44 sec. Coq Bruyere, a grey, had been beaten only once in six timber races last year...