Word: trusts
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Dates: during 1940-1949
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...wiser to be candid, to "play fair," to leave a whole continent undefended and say: "...see how we trust wou...", thus exposing ourselves to a global catastrophe in case we should get tripped...
...Republicans were not appeased. Cried New Hampshire's angry Styles Bridges: "Everyone on the Republican side this morning was either sick to his stomach or mad as hell. It is impossible for me to understand how any Republican Senator would resign his position of responsibility and trust when it meant turning the post over to a Democrat.* It doesn't smell good to me." But to the Democrats, and especially to Chester Bowles, it smelled fine...
...harried businessmen and the hapless middle class he burbled: "With the victory of the Chinese Communists, half the world's people are now Communist. Communism is the future. Japan must trade with the rest of Asia to survive, and all the rest of Asia is rapidly going Communist. Trust us ... We will reconstruct Japan and make it bright and happy...
Loans Down. In the overall picture, the price cuts were part of what Manhattan's Guaranty Trust Co. called the "very moderate" recession. The sizable cuts were largely confined to soft goods, lumber, a few other commodities (in the futures market, May wheat hit a flurry of .selling which sent it down 6?) and such surplus items as radio-phonographs, which were cut up to 40% by Magnavox...
...control, or sit on the Central's board, because it is illegal for the same man to control two competing railroads. Young might get around this by transferring C. & O.'s holdings in the Central to Alleghany Corp., putting Alleghany's C. & 0. voting power in trust to an outsider, and resigning his board chairmanship of the C. & O. Thus, unless the ICC found some legal barrier, Young would be out of the C. & O. and free to use I.D.S. to buy up to 10% of Central stock, thereby strengthening a controlling interest he could exercise...