Word: sec
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Dates: during 1940-1949
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Last week, darting like a goldfish through the layout of 40 "gates"-including hair-raising hairpin turns, flushes (S curves) and right-angle elbows-Miss Shaw was clocked in the breath-taking time of i min. 44.4 sec. On the same f-mile slalom course earlier in the day, ten top-flight men skiers had competed in Lake Placid's annual Washington's Birthday ski meet. Only three of them had chalked up better time than Miss Shaw's (winning time...
...eyed Alfred Diebolt, Colgate University senior: the 500-yard race at the New York Athletic Club invitation track meet; bolting from fourth place in the last 60 yards to finish two yards ahead of his nearest rival and set a new world's indoor record of 57.1 sec.; at Manhattan's Madison Square Garden. It was the first time Diebolt had competed in a big-time indoor meet...
...Harlem's coffee-colored Ray Robinson; a prize fight with Welterweight Maxie Berger of The Bronx; scoring a technical knockout in 1 min. 43 sec. of the second round; in Manhattan's Madison Square Garden. For Robinson, "the little Joe Louis," it was the 28th victory in a row since he turned professional a little more than a year ago. His next opponent will probably be Welterweight Champion Red Cochrane...
Where Now? Not for several months will the House Committee report out a bill on securities-acts amendments. When it does, it is not likely to shear away any real powers SEC...
...even Congress can bring back the heady policy-making SEC of Kennedy, Landis, Douglas, Frank. Career Man Purcell envisions a few war-policy jobs: he hopes to sit on whatever interdepartmental committee takes formal control of priorities on capital funds. After the war, he foresees a major readjustment job for SEC, administering capital priorities in reverse. But the Commission's chief job, now and henceforward, is less exciting. Keeping the U.S. financial stables clean is no longer an Augean task. It requires, not a Hercules, but a smart and well-trained staff of janitors...