Word: stringent
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Dates: during 1930-1939
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...locally and nationally. That has been the most consistent of the Roosevelt policies. Even so, a thorough reading of the Wheeler-Rayburn bill to abolish public utility holding companies (TIME, Feb. 18) left the industry chilled and dazed. But not for long. Sincerely convinced that the enactment of such stringent legislation would not only wipe out hundreds of millions invested in holding company securities but come very close to wrecking a $12,000,000,000 business, the powermen launched a nation-wide appeal for what they considered justice...
There is a lot to be said for trust busting, for the breaking up of monopolies which interfere in the natural adjustments of a competitive system. There is a lot to be said for stringent laws to prevent banker or promoter exploitation of the investing public. But President Roosevelt does neither. His N.R.A. codes glorify and exaggerate the kinks of monopoly in price fixing and output restriction. And now his recommendation is to break up all holding companies in the one field in which monopoly is most inevitable. Secondly nothing is suggested to protect the exploited investors who have their...
...Henry J. Pain, 82, retired fireworks manufacturer, pioneer "Prince of Pyrotechnics"; in London. He put on such spectacles as "The Last Days of Pompeii," "The Chariot Race of Ben Hur," "The Battle of Gettysburg," "The Siege of Vera Cruz," "The Destruction of Jerusalem" and "The Battle in the Clouds." Stringent laws and "safe & sane Fourths" brought reverses; his company was finally sold...
Terming the legislative authorization for pari-mutuel betting on horse and dog-racing as "politically and socially disturbing," the Harvard Teachers Record appearing today asks "wise leadership" in the classroom in the hope of "more stringent laws regulating or prohibiting lotteries, slot machines, and all games of chance...
...made clear that stringent measures will be taken after the Easter vacation and that the sole reason for leniency in the present instance is due to the "general misunderstanding." Whether attendance is taken in a course or not, each man will be obligated to attend his first and last class. Any detected infringements of the rule will be subject to disciplinary action...