Word: unsound
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...best attested by the great number of them now bivouacked in bankruptcy and receivership. In fact, as soon as the Commission heard of any company going into bankruptcy or receivership it hustled its examiner to the scene. The Commission has attempted to create the impression that abuses and unsound business practices of a few . . . well-publicized companies were typical of the industry...
Last week Women Investors, Inc. filed its charter in Albany. It promised to "arouse women to a realization of the stake they hold in the nation's wealth." It promised to protect and preserve industry, stocks & bonds, homes, husbands, etc. It promised to oppose "unsound" legislation. "Few people realize," it said, "that women own 70% of the wealth of this country; 80% of the insurance policies now in effect. . . . It is the women who guard the family pocketbook, and the women now have decided to guard the nation's pocketbook...
...what strikes me particularly is that the purpose of the whole publication seems to have missed fire. I remember reading in Mark Twain's Sketch Book not long ago a most gruesome (to the unsound of wit) story about "My Bloody Massacre." Briefly, it describes how Mark Twain wrote under the guise of a murder story a biting satire about a certain person, but no one who read the paper paid any attention to the little details that showed what a great fiction it all was As I remember one bit: "Gosh, Jim, he scalped his wife and b'iled...
...less a voice than that of Bernard Mannes Baruch was raised last week against the practice of supporting unsound railroad investments. Testifying before the Senate Munitions Committee (see p. 13), he remarked that railroad rates in case of war should be fixed solely on the basis of "service and efficiency...
...firmly grounded in its extensive sugar fields, and their relation to the United States. It is a familiar, unsavory story of a small group, in this case beet sugar growers in the South, obtaining a high protective tariff on Cuban sugar, despite the fact that it is economically unsound. The result of setting up such lofty tariff walls in the past few decades has been a paralysis of Cuba's mainspring of economic life, the sugar industry...