Word: sec
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Dates: during 1940-1949
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Patty Aspinall, 14-year-old Indianapolis minnow, set a new U. S. record for the 220-yd. breast stroke - 3 min., 7.8 sec., 1.2 sec. better than the mark set last summer by Japanese Fujiko Katsutani of Honolulu. Little Patty used the exhausting butterfly stroke (an overarm stroke as in the crawl, with both arms moving together) for the full 220 yards...
...wide windows Aspen's first running of the national downhill and slalom championships. On Saturday they saw stocky, Austrian-born Toni Matt, of North Conway, N. H., whoosh out of the steep pitch of the "Dipsy Doodle" into the Big Corkscrew to finish first in 2 min. 22.6 sec.-an average of better than 44 m.p.h. Second place in the slalom next day made him U. S. combined champion. Said National Ski Association President Roger Langley, after this first trial of Roch Run: "There never has been a race course anywhere in the country like this one for thrills...
...from the beginning Bill Martin was pulled one way by the Street's Old Guard, another by the Young Turks, a third by SEC, several ways at once by public opinion. An honest student concerned only with facts, he had no talent for playing politics, soon found that by trying to please everybody he was pleasing nobody...
...Exchange's business slumped from bad to worse, Martin was bound to be the scapegoat. Brokers began telling each other that he lacked "oomph," or something. In the fight among brokers for the little business that was left, Martin was caught in the middle. In the fight between SEC and the Street's SEC-haters, he was caught in the middle again...
...official career. Said he of the Stock Exchange members: "I would be naive if . . .I told you that I thought I had had the loyal support that I think I am entitled to from all branches of the membership." (His audience sat in grim, chill silence.) Said he of SEC and its staff: "[They are] to a degree men of good will, but they are men utterly ignorant of the basic conception of markets." (SEC cracked back next day with the fact that its staff was drawn chiefly from brokerage houses and brokers' law firms...