Word: trusteeships
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Dates: during 1940-1949
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...tact, they do not obscure the facts of who is in control. The banking patronage, for example, is split several ways: some to Manhattan's Chase, Chemical and City Banks, some to Trust Co. of Chicago, but the cream to Chicago's Continental Illinois, which gets the trusteeship for the first-mortgage bonds. Chairman of Continental Illinois is Jesse Jones's appointee Walter Joseph Cummings...
...trusteeship of CORP. Judge Leibell appointed Economist Willard Thorp and Pennsylvania Utility Commissioner Denis Driscoll (TIME, March 11), charged them with administering the system. To the trusteeship of Co. he appointed Trial Lawyer Walter Pollak, competent to sue and retrieve assets. Since SEC had veto power over these appointments, many a utility fan naturally assumed that they were an SEC slate...
...human beings. With the same tactics in 1933, Cordell Hull had saved the International Conference of American States at Montevideo from complete collapse. Until he exhausted this shirt-sleeve diplomacy in Havana, wise men did not entirely discount U. S. hopes for: 1) some sort of Pan-American "collective trusteeship" over French, Dutch, perhaps British possessions in Latin America; 2) at least a start toward a Hemisphere trade cartel, wherewith to combat Nazi commercial and political fifth columny; 3) military cooperation, when & if necessary...
...left Wall Street to serve as liaison between business and the New Deal, first as an SECommissioner, then (until last December) as Undersecretary of the Treasury. He had quarrelled with many New Dealers, was anxious to get back into business, had turned down several lucrative offers. The Associated trusteeship tempted him because it combined business with a chance to do a job in the public interest. But no sooner was his name proposed than lightning began to play around his head. It started when New York Times Columnist Arthur Krock wrote a column which he thought would give his friend...
...files of the CRIMSON reveal no editor who had to resort to the purchase of a trusteeship to make progress at Vassar, nor is there indication of a man with a special grudge against German geese...