Word: trust
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Dates: during 1940-1949
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...British Broadcasting Corp. is not, as it appears to many Americans, a socialistic, state-operated trust. Britons call BBC a public corporation. It has a monopoly on all broadcasting in Britain, and allows no commercials...
Cleveland's M. A. Hanna Co. looks like a holding company (it has controlling or substantial interests in steel, coal, rayon and plastics companies), an investment trust (it owns $109 million worth of securities), and an operating company (it has its own fleet of 13 Great Lakes ore freighters, mines its own coal). It is indeed the great what-is-it?-and lean, square-jawed President George M. Humphrey likes it that way. Says he: "If we don't write down the way it's supposed to be, we can do it any way we want...
Still looking ahead, Humphrey has picked his heir apparent. He is a big (6 ft.) Tennessean, Joseph H. Thompson, who joined Hanna eleven years ago after an Alger-like rise in banking (he was a vice president of Cleveland Trust Co. at 32). It was Joe Thompson, now 48, who thought up the Butler Brothers deal, and worked it out. Last week, when Humphrey and his syndicate formed Consumers Ore Co. to manage Butler, they made Thompson its president...
...boards or courts of inquiry have produced 40 volumes of printed matter on the Pearl Harbor disaster of Dec. 7, 1941. For a crisp account of the event, its causes and consequences, laymen may put their trust in frosty Captain Morison, U.S.N.R. (on inactive duty). The Rising Sun in the Pacific is a clear record of a complex of failures...
...uncertainty with American idiom and American psychology is frequently apparent. His prose is surprisingly matter of fact and informal for an acquired language, but it is nevertheless flat and lacks any quality of suspense. Americans are not likely to think of themselves as having worked for "the great chemical trust." They are not likely to say to a girl in the morning: "The night was in your face." They would not characterize a Nazi: "[He] belonged to the strata of activists." The characters have a constant consciousness of position, prestige and appearances that Americans do not generally feel; the book...