Word: underlying
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Dates: during 1930-1939
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In the early days of TVA, Wendell Willkie managed to wangle an agreement by which C. & S. interchanged power with TVA, was free from TVA competition in certain areas. It expired in 1937. Meanwhile, TVA covered the valley. Towns were encouraged to build or buy city-owned distributing plants with...
Power Politics. Before the curtain still stands Willkie. All his maneuvers did not save the Tennessee Valley for Commonwealth & Southern (whose remaining operating companies still represent more than a billion dollars in assets). But he did something else. He took the case of the utilities to the public. He articulated...
> In answer to SEC's demand that Wall Street set up brokerage banks to hold all the cash and securities of brokers' customers, the New York Stock Exchange last fortnight set up a four-man committee to formulate a plan. Chosen to head it last week was Roswell...
Grey's spunkiness delighted rich Jewish Banker Ellice Victor (later Sir Victor) Sassoon, inveterate flying bug, who agreed to back him in a new aviation magazine. In June 1911, Editor Grey brought out the first issue of The Aeroplane. Through several changes of management, many a near-fatal slump...
Fletcher Pratt is a little man with a stub pipe stuck sideways under a wispy mustache. His mild eyes behind thick-lensed glasses, his bulging forehead, uncombed scalp lock and careless clothes sometimes make people take him for a clerk in a side-street seed store. Actually, he is the...