Word: trust
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Dates: during 1940-1949
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This brain trust met at a conference of the New Education Fellowship, 26-year-old international organization of Progressive Educators, convening for the first time in the Western Hemisphere. Ann Arbor, bright with intense sunshine and the chatter of 1,800 delegates from 22 nations, had a Geneva flavor. At the last moment the Fellowship learned that its president, Finland's Laurin Zilliacus, had been detained. He cabled enigmatically from Finland: LEAVING FOR THE FRONT. . . . STILL BELIEVE IN DEMOCRACY...
Such was the background of Dr. Schairer's conference in Ann Arbor last week. Basic assumption in his group's discussions: at war's end Hitlerism will be defeated and Europe will be chaotic. Not ready to plump for the Danish scheme, the brain trust nevertheless favored a decentralized economic system, held that electrification would make it possible to disperse industry. At week's end, they announced their plan...
...pool* to purchase new equipment with the help of RFC. This would ease the financial burden on railroads in receivership or short of cash, of which there are still many. For all roads it would avoid the necessity of selling any more equipment trust certificates in a market near the saturation point after whopping sales of $52,000,000 in June. It might even speed car production by bulking and standardizing orders and by multiplying pressure to make priorities effective. This plan did not come officially from the A.A.R. but from impatient individual railroads...
...paid some $20,000 annually on her Duke farms, her buildings, her personal property. Discoverer Kirby decided that she was also taxable not only for stocks, bonds, etc. held in her name but also as a trustee for the Duke Endowment Fund, a New Jersey trust. Stopped by law from snuffing back more than two years, the taxers totted up the bill at $3.10 per hundred...
...come in the night, one of those chowder-thick, chill wet shrouds from the sea that Maine men,, call "dungeon fogs." Casco Bay sailors stayed indoors. As Paul Thurston, president of the Rumford Falls Trust Co., Rumford, Me., walked into his office he had noticed empty desks, typewriters silent that should have been clicking. His secretary, Leila Sanders, was not in her place. Albert Melanson, Bessie Strople, Elizabeth Howard had not appeared for work, had sent no word...