Word: wall
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Dates: during 1930-1939
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...government, which were at one time entirely controlled by the political whims of the right party boss, is increasing. Lamont and Mellon hold Cabinet posts, Dawes goes to London: Young and Morgan put Germany on a paying basis. On the committee, composed to stabilize business after the Wall Street debacle, are men all with a practical insight into the social and economic aspects affecting every section of the country. Experts as well in deed as theory control the destinies of agriculture and industry...
Other committee assignments: Indiana's Senator Robinson to Foreign Relations where he can oppose U. S. entry into the World Court; Wisconsin's Senator Elaine to Banking & Currency where he can participate in any Wall Street inquiry; Pennsylvania's Senator Grundy to Naval Affairs where he can do little for his state's industries...
Close-mouthed Swiss Stock Exchange officials reported briefly last week on their crash, which followed Wall Street's. They put the total shrinkage in Swiss security values at $80,250,200, "the chief losers being Swiss trusts connected directly with New York and Chicago...
...that Standard Oil Co. (controlling about 85% of the oil industry) had conspired against the public good and that ''for the safety of the Republic we now decree that this dangerous conspiracy must be ended by November 15." In July the monopoly was split into 34 separate companies (splinters, Wall Street called them) and the great oil monopoly officially ceased to exist. But the largest Standard splinters remain the largest of U. S. oil companies; the Standard group still controls roughly 50% of the industry. Among the major companies once constituent portions of the oil monopoly, now separate but still...
Technique. The fronton is a three-walled court about two-thirds as long as a football field. As in all court games, a player scores a point by acing his opponent or making him fault. Winning score varies from 6 (elimination singles) to 30 (elimination doubles). In elimination singles matches, two players start; when one loses a point he sits down and does not get on the court again until his turn comes. Bets are made on teams, on separate matches, on the length of time one player will hold the court. In a doubles match the players move...