Word: shrewdly
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Dates: during 1930-1939
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...mediocrity, but a shrewd, hard-working careerist was Claude Swanson. A son of Reconstruction, he worked and borrowed his way through college and University of Virginia's law school. He made money as a country lawyer, ran a country newspaper on the side. After twelve years in the U. S. House he was made Governor by the greatest of all Virginia political bosses, Senator Thomas Staples Martin, and then sent to the Senate for a career that lasted 22 years. He was one of Woodrow Wilson's main props in that chamber during the idealistic War years...
Last week, after a year of extravagant ballyhoo on the part of his manager, shrewd Oldtimer Joe Jacobs, Two-Ton Tony (weight 233!) was given his chance against the best prizefighter in the world, Heavyweight Champion Joe Louis. Not in years had a world's championship heavyweight match been given such a jocular press. Boxing experts noted that 29-year-old Galento had been around for eleven years, had been defeated 22 times, was a slow-moving human tub whose boxing technique consisted of roughhouse butting, wrestling, sticking thumbs in opponents' eyes. They agreed that the little...
Scientifiction, which deals almost exclusively with the world of tomorrow and life on other planets, was inspired by Jules Verne's and H. G. Wells's fantasies. Father of pseudo-scientific magazines was a shrewd, fat old man named Hugo Gernsback, an old-time radio fan, who in 1926 started Amazing Stories. It zoomed like a moonward rocket. Today the magazines in this prosperous publishing group (chiefly controlled by the big pulp firms of Street & Smith, Standard Magazines and Ziff-Davis), average about 150,000 readers apiece (sometimes much more), make a good living for many a shamo...
Back in January 1937, few shrewd investors would have wasted a second look at bonds of the tiny Philippine Railway Co., sick sugar-hauling road on the islands of Panay and Cebu. Selling around $11, the $8,549,000 issue was about to mature, apparently a total loss to U. S. bondholders. Then came rumors that Washington might act, that the Philippine Commonwealth would redeem the issue at $65. Bonds shot up to $31 in January and February as speculators bought for the rise, crashed when President Manuel Quezon denied his Government was buying them. Smelling a rigger, SEC investigated...
Despite the denunciations of demagogues, shrewd international bankers are a commodity of which the U. S. has never had an adequate supply. Most costly evidence of the fact is the $1,175,000,000 of defaulted bonds outstanding which foreigners (Germany: 26.4%) owe U. S. investors. This week, however, the U. S. acquired a very competent specimen of the breed-a present from Adolf Hitler. He is Otto Jeidels (pronounced Yi-dels), a tall handsome man with a twinkle in his eye, who habitually talks so fast that no one else can get in a word. Before teller purged German...